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Duterte orders gov't agencies to use digital payment systems

Duterte orders gov't agencies to use digital payment systems
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Government institutionalizes use of digital payment

GOVERNMENT departments, agencies and instrumentalities are now required to offer digital modes to collect and disburse funds. This after President Rodrigo R. Duterte signed last Thursday Executive Order (EO) 170 to insitutionalize the use of digital payments for government transactions. “The digitalization of payments is in line with the government’s… ....

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Benjamin E Diokno: Philippines economic outlook - toward a solid recovery

Mr. Robert Joseph, Jr., president of the Rotary Club of Manila (RCM); Mr. Herminio Esguerra, chairman of the program committee; the board of directors; officers, members and guests; ladies and gentlemen, good afternoon.
I have been invited today to talk about financial forecasts for 2021 amid the pandemic. But before I present the economic prospects over the near term, let us briefly step back and take a look at the past year.
First, I will go through recent economic developments and trends. Second, I will share some views on the likely path of the economy, keeping in mind the highly uncertain environment we are in now. Finally, I would like to take this opportunity to update the RCM members on the BSP s initiatives and advocacies. ....

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