Even as the country transitions from one administration to another - and this will take place on July 1st - the Bangko Sentral ng Pilipinas will continue to fulfill its mandate of ensuring sound macroeconomic management. On the whole, there are clear signs that the new administration will continue the key reforms and programs of the outgoing administration.
New analytical methods that can draw insights from these data goldmines promise to improve the identification and mitigation of risks to the financial system and enhance the efficiency of our policy interventions. This potential explains why we have been investing in developing our in-house analytics expertise over recent years.