The liquidity impact of the external surplus will have to be managed such that the amount of money in the system remains consistent with the inflation objective. Concluding remarks Ladies and gentlemen, the Philippine economy’s current fundamentals are at the strongest they have been over the past two – three decades, providing us reasons to be optimistic about the future.
And we will continue to explore emerging topics, such as the impact of biodiversity loss or the risks associated with climate-related litigation, and work towards addressing them. The NGFS can only be as strong as the community supporting its work, and its collective achievements help to foster climate action by its members.