BusinessWorld E-paper
January 07, 2022
AS CENTRAL BANKS around the world have started taking steps to unwind policy support, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said the timing of the exit from its easy policy “remains very uncertain” but assured the transition would be done smoothly.
“Given the nascent economic recovery, the priority for the BSP is to ensure the sustainability of the recovery and prevent long-term scarring effects,” Mr. Diokno said at an online briefing on Thursday.
