BSP cites media’s role in bringing central bank closer to the people

The Bangko Sentral ng Pilipinas (BSP) emphasized the vital role of the media in achieving its strategic goal of making the BSP more accessible to a greater majority of Filipinos.

“We count on you to help us bring the BSP closer to the people. As our allies in this pursuit, we cannot overemphasize the crucial role of the media in our economic recovery and development plan,” said BSP Governor Benjamin E. Diokno during the recently concluded Media Lectures for the Northern Luzon press.

The two-day virtual learning session tackled economic updates in North Luzon and the rest of the country, recent developments and trends in the digital payments space; proper handling of Philippine currencies, and BSP’s gold operations.

The BSP Governor underscored that in the time of a public health crisis, the media is a source of critical information.

“Through media, government can get a clear picture of what is happening on the ground, enabling the development of sound economic policies,” the Governor explained.

Beyond day-to-day economic and business reportage, Governor Diokno encouraged members of the media to help put context to these statistics and explain how they translate into a better quality of life for Filipinos. “As we make our way towards a technologically-driven, inclusive, and sustainable post-COVID-19 economy, let us work together in bringing the BSP closer to the people we both serve – the Filipino people.”