Among these expectations are the gradual increase of loan portfolio allocation for green or sustainable activities or projects, and the consideration of environmental and social risks in the 1/2  BIS central bankers' speeches  banks’ operational risk management framework. These frameworks set the essential groundwork in promoting sustainable finance and serve as anchors for succeeding BSP’s policy issuances.
The Philippines experienced sustained uninterrupted expansion for the past 74 consecutive quarters, spanning 18 years. The economy is expected to grow within Government’s real GDP growth targets of 6.5-7.5 percent for 2017, and 7.0-8.0 percent for 2018. Strong domestic demand and an expansive government budget for infrastructure development underpin this growth. Overseas Filipino remittances and BPO sector revenues continue to drive our economy.