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Members of the Monetary Board are prohibited from holding certain positions in other government agencies and private institutions that may give rise to conflicts of interest. The members have fixed and overlapping terms, except for the Cabinet Secretary representing the incumbent administration. [31] The current members [30] of the Monetary ...
Amando Maglalang Tetangco Jr. (born November 14, 1952) is a Filipino banker, who served as the third Governor of the Bangko Sentral ng Pilipinas (BSP). [1] He was the first BSP governor to serve two terms, [2] having been first appointed to the office by Philippine president Gloria Macapagal Arroyo in July 3, 2005, and reappointed in July 31, 2011 by President Benigno Aquino III to serve ...
The Monetary Board Anti-Money Laundering Council: Seat: BSP Complex, Roxas Boulevard, Manila, Philippines: Appointer: The President with the consent of the Commission on Appointments: Term length: Six years renewable once: Constituting instrument: The BSP Charter The New Central Bank Act (RA11211) Inaugural holder: Miguel Cuaderno Sr. (as ...
The primary objective of BSP's monetary policy is to promote price stability because it has the sole ability to influence the amount of money circulating in the economy. In doing so, other economic goals, such as promoting financial stability and achieving broad-based, sustainable economic growth, are given consideration in policy decision-making.
Eli M. Remolona Jr. (born 1952) is a Filipino economist serving as the governor of the Bangko Sentral ng Pilipinas (BSP), the central monetary authority of the Philippines, and the ex officio chairman of the Anti-Money Laundering Council, the central anti-money laundering/counter-terrorism financing authority of the Philippines, under the Bongbong Marcos administration since July 3, 2023.
Powell has pledged to be data-dependent, and there is lots of economic data before the Fed's Sept 17-18 meeting. STOCK SHOCKS Big market moves during the Jackson Hole symposium aren't common, but ...
Benjamin Estoista Diokno (born March 31, 1948) is a Filipino economist who currently serves as one of the six members of the Monetary Board of the Bangko Sentral ng Pilipinas, which conducts the country's monetary policy and supervises its financial system.
The Department of Finance (DOF; Filipino: Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public ...