Diokno: Philippine Monetary Pause Possible to End of Year

The video discusses the central bank's aggressive measures during the pandemic, including cutting the policy rate and adjusting reserve requirements. It highlights the need for fiscal stimulus, the impact of the peso's strength on the economy, and projections for economic recovery. The central bank remains data-dependent, focusing on maintaining market stability and supporting economic growth.

What was the central bank's policy rate cut during the pandemic?

• 225 basis points

• 200 basis points

• 175 basis points

• 100 basis points

Under what condition might the central bank pause its policy measures until the end of the year?

• If inflation rises

• If international markets stabilize

• If the economy fully recovers

• If data supports the decision

What is the current reserve requirement percentage mentioned in the transcript?

• 20%

• 15%

• 12%

• 10%

What fiscal measure was recently passed by the national government?

• Bayanihan 3

• Bayanihan 2

• Bayanihan 4

• Bayanihan 1

How does a strong peso impact the economy according to the governor?

• Boosts export competitiveness

• Reduces foreign reserves

• Lowers debt servicing

• Increases inflation

What is the expected economic growth rate for the next year?

• 6.5% to 7.5%

• 5.5% to 6.5%

• 3.5% to 4.5%

• 7.5% to 8.5%

What is the central bank's approach to market interventions?

• Focus solely on inflation control

• Avoid all market interventions

• Ensure orderly market conditions

• Directly control the market