We have 2/5  BIS central bankers' speeches  likewise developed secondary liquidity buffers from various regional safety net arrangements we have worked out with our neighbors. To summarize, the Philippines continues to be a good bet for investing because of sound macroeconomic fundamentals.
Factors in its favor are its broad-based growth, within-target inflation, prudent fiscal management, sound financial system, and manageable external payments position. These strengths did not materialize overnight. These are well-earned dividends of our sound commitment to timely policy actions and to necessary and bold structural reforms over the years.