Tag: Bangko Sentral ng Pilipinas

Low September Inflation Opens Door for Ambitious Government Spending – Salceda

House Ways and Means Committee Chairman and Albay Representative Joey Sarte Salceda welcomed the unexpected drop in September 2024 inflation, highlighting its significance for...

BSP May Face Accountability for Outsourcing National ID Card Printing to Private Firm – Senator Grace Poe

The Bangko Sentral ng Pilipinas (BSP) could face accountability for outsourcing the printing of national ID cards to a private company, Allcard Incorporated, according...

Philippine Inflation in August Aligns with BSP Forecast at 3.3%

The Bangko Sentral ng Pilipinas (BSP) had anticipated the recorded 3.3% inflation rate for August 2024. According to the BSP, this inflation figure aligns with...

Philippine Inflation Slows to 3.3% in August 2024

The inflation rate in the Philippines eased in August 2024 due to slower increases in food and transportation costs, according to the Philippine Statistics...

National ID Issuance to Continue Despite Supplier Contract Termination – PSA

The Philippine Statistics Authority (PSA) has reassured the public that the issuance of National IDs will continue despite the recent termination of its contract...

BSP Releases P100,000 Commemorative Bill in Honor of National Heroes Day

The Bangko Sentral ng Pilipinas (BSP) has unveiled a P100,000 commemorative banknote to mark National Heroes Day, released specifically for collectors on Monday. According to...

Moody’s Maintains Philippines’ Investment-Grade Credit Rating

Moody’s Investors Service has upheld the Philippines' investment-grade credit rating at “Baa2” with a “stable” outlook, citing key economic reforms, fiscal consolidation efforts, and...

Monetary Board Reduces Target RRP Rate by 25 Basis Points

At its monetary policy meeting today, the Monetary Board decided to reduce the BSP’s Target Reverse Repurchase (RRP) Rate by 25 basis points to 6.25 percent....

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