On the infrastructure front, the National Government continues to ramp up the “Build, Build, Build” program, the country’s most ambitious infrastructure development agenda. For this year, the government has allotted a record PHP1.17 trillion $ billion) for infrastructure projects, equivalent to 5.9 percent of GDP.
And, as far as the BSP is concerned, we continue to implement measures that enhance the Philippines’ competitiveness as an investment destination. These measures may be classified into three themes, namely: (i) financial digitalization, (ii) legislative agenda, and (iii) monetary and financial sector reforms. Allow me to discuss each in brief detail. First, on financial digitalization…..