BSP Governor Benjamin Diokno said that while the proposed P401-billion stimulus package was not within the mandate of the central bank, he disagrees that “legislating Bayanihan 3 will help us to improve our ratings prospects after Fitch downgraded the country’s outlook to ‘negative’ from ‘stable’”.
The central bank chief said what the country needs to do now is accelerate the vaccine rollout, pursue the structural reforms, and continue the Build Build Build program. . The country meanwhile is struggling to ramp up its vaccine rollout. The government has said that it wants to inoculate 58 million Filipinos by the end of the year, down from an initial 70 million target.
Source: Loan Digest (loandigest.net)
pang Vote Buying na lang daw
Baka dapat ang ginamit niya eh 'does not have impact' kasi to say 'it does not help' ang impression eh walang silbi yung bayanihan 3. Di naman alam ng pangkaraniwang tao yung credit ratings chenes. Awts
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