I would also like to thank the Landbank of the Philippines for hosting the Linkbiz portal through which the EGov Pay can be conveniently accessed by users. Another laudable accomplishment where the PPMI served as BSP’s indispensable partner was the adoption of the National QR Code Standard or “QR Ph” via InstaPay.
This has increased the focus on how fiscal policy should contribute to stimulating growth and on how structural policies increase long-term economic prosperity for Canada. It has also underlined the role of macroprudential policies in helping to avoid the buildup of financial vulnerabilities when interest rates are low. Such policies include mortgage stress tests and other regulations to support sound underwriting practices.