The Report will be the main medium through which the Bank will inform the public about the formulation and implementation of monetary policy. It serves to meet the public’s expectation of a transparent and accountable central bank in fulfilling the monetary policy mandate. The Monetary Policy Reports in April, August and October will be preceded by the Monetary Policy Statement in February each year.
I will also discuss some of the recent BSP policies, initiatives, and measures to help the Philippine economy during this trying time. As you know, the Philippines went through years of difficult but necessary economic reform. The result of this process provided steady anchor for the country’s economic resilience. Our economy has weathered different economic crises, political changes, and natural calamities.