BIS Review 19/2005  1  In Israel, the main target of the Bank of Israel's interest-rate policy is in the area of inflation, and since the beginning of the current decade it has been in the sphere of maintaining price stability.
Ladies and gentlemen, this means that the Philippines has achieved 68 quarters of uninterrupted or sustained economic growth. This brought the average full year economic growth of the Philippines to 5.8% in 2015, among the highest in Asia after India, China and Vietnam.