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BSP remains steadfast in pursuing inflation mandate

The Bangko Sentral ng Pilipinas (BSP) remains focused on combating inflation, this was the message of Monetary Board Member (MBM) V. Bruce J. Tolentino and Deputy Governor (DG) Francis G. Dakila, Jr. in meetings before 30 investment funds in Marrakech, Morocco during separate meetings arranged by Bank of America Securities, Barclays, and Standard Chartered Bank on the sidelines of the International Monetary Fund and World Bank Group Annual Meetings.

BSP DG Dakila said during meetings with investors in Morocco on October 12, 2023 that the central bank sees average inflation settling at 5.8 percent in 2023, and further moderating to 3.5 percent in 2024 and 3.4 percent in 2025. These expectations are also shared by professional forecasters who see inflation reaching 5.9 percent in 2023, 3.7 percent in 2024, and 3.5 percent in 2025.

MBM Tolentino underscored that addressing inflation involves interventions from both the BSP on the demand side and the National Government on th ....

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'Supply-side interventions crucial to taming inflation' • Cai U. Ordinario

Cooling inflation is the responsibility of the Bangko Sentral ng Pilipinas (BSP) and the national government, according to a Monetary Board Member (MBM). MBM Bruce J. Tolentino, in a recent briefing, said addressing inflation involves interventions from both the BSP on the demand side and the National Government on the supply side. The central bank ....

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BSP keeps benchmark rate steady at 6.25%

BSP keeps benchmark rate steady at 6.25%
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Fintech Alliance: NEDA PDP target for fintechs achieved five years in advance

Fintech Alliance: NEDA PDP target for fintechs achieved five years in advance
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PAA Gears Up For 10th National Congress, 2023 PH Agriculturists' Summit

The Philippine Association of Agriculturists (PAA), Inc., the sole Accredited Integrated Professional Organization (AIPO) for Agriculture in the Philippines, ....

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