These reforms, along with the other structural reforms in the pipeline, will continue to play a significant role in propelling the economy on a path of balanced, sustainable, and inclusive growth. 3/4  BIS central bankers' speeches  Let me take the chance to talk about Republic Act No. 11211 which was signed on 14 February 2019.
This is a monumental milestone for the BSP. Our three pillars of central banking—price stability, financial stability, and an efficient payments and settlements system—were further boosted with the expansion of the BSP’s policy toolkit.