In fact, in a report titled “Global Microscope 2020: The role of financial inclusion in the Covid-19 response” by the research arm of The Economist Group, the BSP was recognized for its initiatives to mitigate the adverse economic impact of the current global health emergency.
In closing, I would like to highlight three strengths that we are pitting against the trio of shocks we are facing: • First, we continue to maintain strong macroeconomic fundamentals. Together with carefully thought-out public health responses and an efficient rolling out of the vaccination program, these will carry the Philippine economy toward sustainable recovery.