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Medalla: FSCC upbeat on PH growth prospects

Capital investments, consumption, and a strong banking system should allow for continued Philippine economic growth, the chief of the Financial Stability Coordination Council (FSCC) said.

'The council remains cautiously optimistic of the country's prospects but realistically grounded on the likelihood of change,' FSCC Chairman and Bangko Sentral ng Pilipinas Governor Felipe said in the 2022 Financial Stability Report released on Tuesday.

Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla