In addition to liquidity enhancing measures, the BSP has also relaxed prudential and regulatory standards to soften the impact of the pandemic on the economy and improve the prospects of a faster recovery. These measures are summarized into four (4) categories: 1.Extension of financial relief to borrowers.
Beyond basic food security, which may be provided even by a carbohydrate-dominated diet, economic development is closely associated with the increasing significance of protein in people’s diets, which in turn is driven by the decreasing relative prices of protein sources.