For example, since the mid-1990s, long-term inflation expectations have fallen close to the midpoint of the target range, which is also close to the mean of inflation.18 In Canada, expectations of forecasters and businesses began to fall in line with the targets soon after they were introduced.19 At first, this was for expectations at the 2-year horizon.
We are boosting our whole-of-government approach to diversify the broadband market so that Filipinos across the country can have affordable internet connectivity and digital financial services available to them. We have begun with steps to encourage the adoption of satellite broadband. Microfinance institutions can save on IT costs, automate processes, and enhance delivery of financial services in the last mile through this technology.