The Office of the President is certain to act quickly on the matter involving the hiring and subsequent resignation of absentee Bangko Sentral ng Pilipinas (BSP) employees ostensibly hired by members of the policy-making, seven-member Monetary Board.
Bangko Sentral ng Pilipinas governor Eli Remolona on Tuesday said inflation, or the rate of change in prices, averaging lower than the ceiling of 4 percent this year is achievable.
The Land Bank of the Philippines reported extending loans under the expanded rice credit assistance program of the Rice Competitiveness Enhancement Fund (ERCA-RCEF) reaching P2.5 billion as of end-April this year.