On the other hand, risk-minimising measures might make themselves felt ahead of the rating process proper, by reducing the credit-risk position, as a yardstick for the rating, by the risk-minimising measures. Both options are still under discussion. The second variant is likely to be easier, above all for small and mediumsized institutions, i.e. the computation of a “net exposure” ahead of the rating.
Prominently featured on the obverse of the 20-Piso coin is Manuel L. Quezon, the first president of the Philippine Commonwealth who advocated the adoption of the national language; created the National Economic Council, the precursor of the National Economic Development Authority; and worked passionately to regain Philippine independence.