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What is BSP Modernization Policy Overview about?

This document discusses the modernization efforts of the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines. It outlines how BSP has reformed its monetary policy framework, adopting inflation targeting and using market-based tools. It has also modernized the financial system supervisory environment and payments system. However, the document notes that BSP still faces challenges in keeping up with economic and technological innovations, managing risks, addressing financial crimes, improvi

Author

Keneth Joe Cabungcal

Language

EN