We beefed up our macroeconomic analysis and surveillance tools, introduced crucial and timely reforms such as the Interest Rate Corridor framework, and increased public engagement in our policymaking process. At the same time, BSP and the banking industry continued to pursue a broad reform agenda to strengthen their ranks in terms of capitalization, risk management, and corporate governance.
This successful collaborative strategy has given the banking system sustained growth momentum. Indeed, we have made great strides in various aspects of our operations. Ours is a narrative of proactive management and reform to advance our vision for the country. Moving Forward With all that we have achieved so far, are we then set for the future? Well, no environment is ever static.