FACT-CHECK: There is no new design for the P500 bill, yet
The Bangko Sentral ng Pilipinas did not replace the faces of Ninoy and Cory Aquino in the P500 bill with the image of the Philippine tarsier
Central bank governor Diokno is highest paid official in 2020
Bangko Sentral ng Pilipinas (BSP) Gov. Benjamin Diokno is the highest paid government official, according to the Commission on Audit’s (COA’s) latest report on salaries and allowances released on Wednesday, May 12.
Duterte signs Fist bill into law to aid banks amid pandemic
The Fist Act, or Republic Act (RA) 11523, will address the financial sector’s non-performing asset problems, Malacañang said Wednesday.
OFW remittances to decline by at least 10 percent this year – BSP
Remittances from overseas Filipinos are expected to decline by at least 10 percent to $27 billion this year because of the Covid-19 pandemic, Bangko Sentral ng Pilipinas Gov. Benjamin Diokno said on Wednesday.
Central bank still sees ‘U-shaped’ recovery for PH
Bangko Sentral ng Pilipinas (BSP) Gov. Benjamin Diokno said a “U-shaped” recovery was still expected for the Philippine economy once the fiscal and monetary stimulus measures gain traction.