An Upgrade of BSP’s Monetary Policy Operations – Why Does It Matter?
With excess liquidity in the Philippine banking system, the BSP must borrow or ‘withdraw’ liquidity from the market to prevent market rates from falling below the policy rate.
With excess liquidity in the Philippine banking system, the BSP must borrow or ‘withdraw’ liquidity from the market to prevent market rates from falling below the policy rate.
Economic stagnation raises questions about Brunei’s future prosperity. The hydrocarbon-based economic model, which has served the country well for decades, is ripe for change.