Philippines not ready for a CBDC – BSP governor
Feb 16, 2022
Digitalisation of payments in the Philippines to bring efficiencies to corporates – BSP deputy governor
In this exclusive interview, BSP deputy governor Mamerto E. Tangonan, discusses the central bank’s roadmap to a cash-light economy, and why this is so important in a country like the Philippines.
The Philippines is making important inroads in digitalising its payments sector. The developments are set to drive efficiency for corporates, boost economic growth and promote financial inclusion, Bangko Sentral ng Pilipinas (BSP) deputy governor and head of the Payments and Currency Management Sector (PCMS), Mamerto E. Tangonan, told CorporateTreasurer.
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