BusinessWorld E-paper
April 16, 2026
WASHINGTON, D.C. — The Bangko Sentral ng Pilipinas (BSP) said it has room to raise policy rates as the National Government’s planned catch-up spending is expected to cushion the economy from a sharper slowdown amid the energy crisis.
In an exclusive interview with BusinessWorld, BSP Governor Eli M. Remolona, Jr. said the country will see a wider negative output gap as inflation and economic growth face mounting pressures from the Middle East conflict and the lingering effects of last year’s flood control corruption scandal.
