3  This is all confirmed by many studies, such as World Bank study from 2018 showing that countries with lower exchange rate and inflation volatility had higher FDIs in terms of GDP. Not to forget, in terms of FDIs attraction, of outmost importance is also political stability.
The BSP’s short-term crisis response plan is a long list of regulatory relief measures which were adopted to assist financial institutions carry on with their operations and provide financial services to their clients.