We will continue to maintain a marketdetermined exchange rate and a comfortable level of reserves. The BSP will also continue to promote external debt sustainability by keeping the country’s outstanding external debt manageable and within the economy’s capacity to service its debt in an orderly manner. We will continue to monitor developments to keep ahead of emerging risks.
Before I conclude, I would like to spend a couple of minutes on an advocacy of the BSP that we believe helps to translate the positive macroeconomic developments into the overarching goal of inclusive growth. Here, I refer to efforts towards financial inclusion that are within the area of the BSP.