Podcast Beta
Questions and Answers
Which entity manages any expansion or contraction in monetary aggregates in order to maintain price stability?
What action does the Monetary Board take when abnormal movements in monetary aggregates, credit, or prices endanger the stability of the Philippine economy?
What does the detailed report submitted by the Monetary Board include?
When does the Monetary Board submit the detailed report to the President and Congress?
Signup and view all the answers
What is the main objective of the Monetary Board's actions in managing monetary aggregates?
Signup and view all the answers
Study Notes
Monetary Management
- The Bangko Sentral ng Pilipinas (BSP) manages monetary aggregates to maintain price stability.
- When abnormal movements in monetary aggregates, credit, or prices endanger the economy, the Monetary Board takes action to address the situation.
Monetary Board Report
- The Monetary Board submits a detailed report to the President and Congress, which includes an assessment of the monetary policy and its impact on the economy.
- The report is submitted on a regular basis, usually every six months.
Monetary Policy Objectives
- The main objective of the Monetary Board's actions is to maintain price stability and promote a low inflation environment.
- The Monetary Board aims to achieve this objective by managing monetary aggregates, credit, and prices.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge on domestic monetary stabilization and the role of the Monetary Board in maintaining price stability and managing monetary aggregates. Explore the actions taken by the board to safeguard the Philippine economy and its key sectors.
