Philippines: Monetary, fiscal authorities vow timely intervention
MANILA, Philippines — Monetary and fiscal authorities vowed swift and timely action amid the extraordinarily volatile markets due to external and domestic headwinds that continue to affect the Philippines. Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. said the Financial Stability Coordination Council (FSCC) continues to assess potential risks to the stability of the local financial system. Espenilla, who is also […]
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