I thank the European Chamber of Commerce of the Philippines (ECCP) for the invitation and welcome this opportunity to speak about our initiatives at the Bangko Sentral ng Pilipinas which are aimed at promoting a conducive business climate.
I am also pleased to share in greater detail how the Philippines offers significant investment prospects as the economy is expected to grow strongly in the next few years. As long-term investors in the country, you may have witnessed how the macroeconomic stability we now enjoy was brought about by significant structural reforms pursued through the years.