BSP: Inflation, market IAC to ease pressure on prices | Cai U. Ordinario

THE Bangko Sentral ng Pilipinas believes the creation of the Interagency Committee on Inflation and Market Outlook can help address the supply-side issues of rising commodity prices.

“This is okay [creation of IAC-IMO]. After all, the problems that have to be addressed are on the supply side, which can’t be cured by exchange rate and monetary policy,” Medalla told this newspaper. The Terms of Reference on the IAC-IMO will be drafted by Neda and the Department of Finance. The TOR will contain the IAC’s structure and functions.

The Philippine Statistics Authority, BSP, and Philippine Competition Commission will serve as the Committee’s resource institutions.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

PBBM forms IAC on inflation, market outlook | Cai U. OrdinarioTHE President has approved the creation of a new Interagency committee (IAC) on Inflation and Market Outlook (IMO) to be cochaired by the National Economic and Development Authority (Neda) and the Department of Finance (DOF). The Department of Budget and Management will be the vice chairperson of the IAC. The…
Источник: BusinessMirror - 🏆 19. / 59 Прочитайте больше »

DOF's Diokno: Marcos to form permanent inflation, market outlook panelPresident Ferdinand Marcos Jr. is forming a permanent inter-agency committee to address the still lingering elevated inflation, Finance Secretary Benjamin Diokno said Tuesday.  
Источник: gmanews - 🏆 11. / 68 Прочитайте больше »