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BSP keeps Inflation target range from 2 to 4 percent over next 3 years
The interagency Development Budget Coordination Committee (DBCC), in consultation with the Bangko Sentral ng Pilipinas (BSP), has kept the current inflation target of 3 percent, plus or minus 1 percentage point for 2024 – 2026.
President Marcos signs 2024 budget into law; govt eyes sustained growth
President Ferdinand Marcos Jr. on Wednesday signed into law the P5.768 trillion General Appropriation Act for 2024, a budget the chief executive said was meticulously crafted by the national government and Congress to sustain the Philippines’ high-growth trajectory,
BSP can consider policy easing if inflation on downward path
The Philippine central bank can start considering an easing of its monetary policy if inflation continued on its path and expectations remain well anchored, its governor said on Wednesday.
IMF governors approve 50% increase in lending resources with no shareholding changes
The International Monetary Fund's governing body has approved a 50 percent increase in quota resources to be contributed by member countries in proportion to their current IMF shareholding, bringing total quotas to $960 billion, the IMF said on Monday.
Internet Transactions Act protects both online consumers and sellers
Enterprises are advised to be well-informed about the recently signed Internet Transactions Act (ITA), which seeks to protect both online consumers and merchants engaged in digital transactions.
