But unless it is organized, processed, and available to the right people in a format for decision making, it is a burden, not a benefit". End of quote. Ladies and gentlemen. As partners of the Bangko Sentral ng Pilipinas who have generously shared your time in giving us accurate, comprehensive, and timely information with us, you have also served our country and our people.
8  In  this  regard,  aw areness  of  institutional  arrangements  for  consistency,  promote  necessary  the  the policy  framew ork,  decision-making integrity  and and  transparency that foster efficacy of monetary policy. In essence, economic agents are able to anticipate, as w ell as respond to policy action.