Real estate critical for BSP policy formulation

Real estate critical for BSP policy formulation – Diokno

By Mayvelin U Caraballo

Nov 15, 2021 12:14 am

The Bangko Sentral ng Pilipinas (BSP) said that the real estate industry is a critical sector in its monetary policy and financial regulation.

During the Real Estate Brokers Association of the Philippines 43rd Annual National Convention last week, BSP Governor Benjamin Diokno said asset values cause volatility in general price levels and economic production.

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