The IMF’s Article IV consultations, its Financial Sector Stability Assessment and the Reports on Observance of Standards and Codes of the IMF and the World Bank are indicative of the fact that a country’s adherence to benchmark standards and codes is being considered integral to the preservation of international monetary and financial stability.
This is why I, in behalf of fellow Filipinos, would like to thank you, PPMI leaders as well as PESONet and InstaPay payment service providers, for extending the (2 CLICKS) waiver of fees. Your altruism has helped break a major barrier for the first-time users of e-payment services. The realized savings from the waiver of fees matter to millions of Filipinos, especially the underprivileged.