At a recent media conference, incoming Bangko Sentral ng Pilipinas (BSP) governor, Felipe Medalla, stressed the bank’s focus on stabilising inflation, and does not rule out more aggressive policy tightening.
In an exclusive interview, Maria Ramona Santiago, head of treasury at Bangko Sentral ng Pilipinas, discusses the central bank's diversification plans and how it handles external managers.
This marks the first time the central bank's provident fund has mandated a foreign asset manager to run a portfolio, in this case for domestic equities.