I am delighted to be here not only because this is a venue to address key stakeholders of the Bangko Sentral ng Pilipinas (BSP) but also because the theme “Embarking on Sustainable Innovation in the Digital Economy” is very close to the heart of the BSP as we aim to bring Central Banking closer to the people.
But before I go into our efforts toward “sustainable innovation,” allow me to first give a brief overview of the Philippines’ macroeconomic environment, under which our financial services industry is operating in. As recognized by relevant observers here and abroad, the Philippines is among the fastest growing and most resilient economies in the world today.