Economics

Philippine Central Banker Sees No ‘Drastic’ Liquidity Moves

  • Governor calls for stronger fiscal response amid new lockdown
  • Diokno says Philippine economy can still grow 6%-7% this year

WATCH: Benjamin Diokno, governor of Philippine Central Bank, discusses monetary policy, the economy and the country’s inflation targets.

(Source: Bloomberg)
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Current monetary policy in the Philippines is adequate to address the economic fallout of the pandemic, while there’s still scope for additional aid on the part of fiscal authorities, the central bank’s governor said Thursday.