Published July 3, 2021, 9:00 AM
Industry thought leaders called for urgent coordinated policy reforms and new development strategies to strengthen the country’s competitiveness through trade and investments.
Former BSP Deputy Governor for Monetary and Economics Sector Diwa C. Guinigundo in his keynote address at the recent virtual business forum hosted by think tank Stratbase Albert del Rosario Institute (ADRi) stressed that the pandemic requires a well-coordinated mix of policy responses and fresh approaches to ensure successful recovery.
Former BSP Deputy Governor for Monetary and Economics Sector Diwa C. Guinigundo (Bloomberg file photo)
“A number of organizations suffer from slow procedures, complex bureaucracies, and rigid hierarchies. The coronavirus has forced us to break through this rigid system and act nimbly to solve pressing issues,” said Guinigundo during the round table discussion with Philippine private business groups.