BSP’s Diokno on forward guidance and cutting reserves
Philippines governor, Benjamin Diokno, speaks about fintech and efforts to wean Asia off the US dollar
What events transpired for you to take over as governor of the Central Bank of the Philippines (BSP) this year?
I was Secretary of the Budget Administration under three administrations – those of Mrs [Cory] Aquino, Mr [Joseph] Estrada and Mr [Rodrigo] Duterte. Then, of course, [the previous governor of the BSP] Nestor Espenilla unfortunately passed. But we wanted to fill his position right away. At a meeting of economic managers – secretary of finance [Carlos] Dominguez, Neda director general
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