News Formal

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

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Bangko Sentral ng Pilipinas (BSP) believes the creation of the Interagency Committee (IAC) on Inflation and Market Outlook (IMO) can help address the supply-side issues of rising commodity prices. Know more:

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 19. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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…
Källa: BusinessMirror - 🏆 19. / 59 Läs mer »

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.  
Källa: gmanews - 🏆 11. / 68 Läs mer »