Elevated prices best addressed for now by fiscal, not monetary measures – Diokno

The monetary authorities said the ill effects of elevated oil prices felt by a broad swathe of Filipinos is best addressed not by the Bangko Sentral ng Pilipinas (BSP) but by the national government.
Manila is capable of outgrowing its high public sector debt

The highest monetary official of the land, the governor of the Bangko Sentral ng Pilipinas, on Sunday dismissed reports on the supposed dangers of rather high public sector debt, saying the worries are unjustified.