There is no denying the perverse geo-politics of the trade preferences issue – the fact that developed countries argue strongly for freedom of markets while they are reluctant to eliminate their own large agricultural subsidies or their harsh restrictions on freedom of labour.
Even before the pandemic, we launched the Digital Payments Transformation Roadmap with the twin goals to first, digitize at least half of the total volume of financial transactions and second, have at least 70 percent of Filipino adults owning transaction accounts by 2023.