Latest data show that around PHP71.0 billion in MSME loans were used as compliance with the RR. Banks have also been active in extending financial relief to their customers through loan renewals and restructuring arrangements. I know there are concerns over the potential non payment/delinquent payment of loans coming from both business and household sectors.
2  BIS Review 47/2009  In the case of Australia and New Zealand, these economies have grown strongly for the past 10 years and inflation has been largely within the 1 to 3% target band; this has resulted in low unemployment, and a strong fiscal position. They also have good institutions.