In the Outlook Report, the Bank examined, from the first perspective, whether the outlook deemed most likely by the Bank for economic activity and prices two years into the future is that the economy will follow a path of sustainable growth under price stability.
This inefficiency calls for the establishment of an integrated Bills Pay facility, where a biller can collect from the payers even if the PSPs of the payers are different from that of the biller. On QR Ph, I hope to see micro and small merchants accepting payments using the Person-toMerchant or P2M QR Ph. I understand that the pandemic has placed some operational constraints.