*** Doctor Ulrich Volz of School of Oriental and African Studies University of London; Department of Environment and Natural Resources Licenses, Patents, and Deeds Division Chief Alvin Joseph Constantino; Asian Development Bank Southeast Asia Department Officer-In-Charge Winfried Wicklein; of course, our friends from the banking sector-I see Bankers' Association of the Philippines (BAP) President Tony Moncupa there; my dear colleagues in the Monetary Board and our Deputy Governors and Assistant Governors - my partners in doing what Bangko Sentral ng Pilipinas (BSP) has to do for the country - and of course, all of the guests, allies in sustainable finance, good afternoon.
It goes without saying that this is a factor whose evolution will have to be closely monitored. The third factor concerns inflation expectations.