BSP still upbeat on investments

By Mayvelin U. Caraballo

May 19, 2022 12:24 am

THE Bangko Sentral ng Pilipinas (BSP) is optimistic that investments will continue to flow into the country notwithstanding the geopolitical tensions and the start of a new administration.

'There's a lot of confidence in the Philippine economy,' central bank Governor Benjamin Diokno said during a virtual briefing on Wednesday, noting that foreign direct investment (FDI) net inflows surged by more than 50 percent last year to an all-time high of $10.51 billion.

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