BSP calls on stakeholders to prep for ‘New Economy’


BANGKO Sentral ng Pilipinas (BSP)  Governor Benjamin E. Diokno encouraged the 2021 “Outstanding BSP Stakeholders” to prepare for the “New Economy” by promoting finance digitalization, financial inclusion and sustainability.

An appreciation ceremony themed “Pagpupugay at Pagkilala sa Gitna ng Hamon ng Pandemya” was held to honor the stakeholders’ contributions in cushioning the effects of the pandemic on the economy.

“You have been our partners in statistical undertakings, information requirements, advocacy programs and various initiatives for many years. You never left us even during the most trying times. Now, Together, we can ‘B-S-P’—‘Build a Stronger Philippines,’” Diokno said.

Assistant Governor Amenah F. Pangandaman cited the stakeholders’ contributions to the pre-Covid economy characterized by strong macroeconomic fundamentals that cushioned the economy during the pandemic.

“These economic gains would not have been possible without the collaborative efforts of the BSP and its stakeholders,” Pangandaman was quoted in a statement as saying.

“You see, we gave our country a fighting chance when it entered the global health crisis. Because of your support and dedication, the BSP was able to pursue sustainable and inclusive economic growth,” she added.”

Central bank officials at the BSP Security Plant Complex in Quezon City honored the 161 outstanding BSP Stakeholders during the online appreciation ceremony.

The awardees included private and government agencies, international and local organizations, professional associations, academic institutions, banks, businesses, digital economy service providers, individuals, nongovernment organizations, broadcast media and foundations. The stakeholders represented the National Capital Region, Cordillera Administrative Region, Regions 1 to 13, Australia, Singapore and Malaysia.

Image courtesy of BSP

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