During a recent online forum organized by the University of the Philippines School of Economics Alumni Association (UPSEAA), Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla (left) said that the Philippine economy is strong enough to accommodate the recent policy rate increase implemented by the BSP.
He said the BSP’s monetary policy settings will remain supportive of economic growth and financial stability. UPSEAA President Jeffrey Ng (right) also attended the forum.