tv MANILA -- The country's current monetary policy stance "can hold" over the next few quarters as the economy has passed the "most difficult" period and is now on "rebound" towards recovery, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday.
The BSP cut interest rates by 50 basis points to a record low of 2.25 percent in June to help mitigate downside risks to growth and to boost market confidence. "That is a big help for them because they are the biggest lenders to micro, small and medium enterprises. That cut translates into P10 billion of resources to thrift and rural banks... they are doing well, they are well-capitalized, profitable," Diokno said.
Pasalamat po tayo sa mga BPO, karamihan nag o-operate pa rin dahil may option to work at home. So malaking bagay na marami pa rin ang may trabaho. But it's not because of Duts. Ganun talaga sa BPO, walang pandemya-pandemya.
Ridiculous
Darn! I wish I understood economics. He was saying what sounded like really nice things.
Rebound? Ano ka? Hilo?
Too much optimism there. Most difficult period not yet over if you really ask more Filipinos.
Really? Base on what!? Bagsak nga ang GDP natin tapos marami pang negosyo ang nagsara! On rebound stage na tayo!?😡😒😡😒
We have reached the bottom, no where to go but up! Not reason to applaud the government!rightthewrong
Liar Liar