This is why we have also issued regulations that enable cash agents to provide improved “last mile” delivery of financial services to the unbanked and under-banked among our countrymen. Needless to say that the BSP is committed to the effective discharge of its mandates and policy thrusts—foremost of which is maintaining price stability—to contribute to the country’s favorable growth narrative.
Maintaining price and financial stability, as well as an effective and transparent payments systems, will help foster an enabling macroeconomic environment that is conducive to a sustainable economic growth. On monetary policy, the BSP remains committed to a forward-looking approach to pre-emptively address risks to price stability.