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BSP Urges More Detailed Statistics to Guide Philippine Industry Policy

BSP Urges More Detailed Statistics to Guide Philippine Industry Policy

Photo: TokenPost

The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, urged wider use of detailed statistics to guide policy and resource allocation, including in tourism and local enterprise. Officials made the case at the BSP’s Manila headquarters on Oct. 28, during a ceremony closing the 37th National Statistics Month. The event focused on statistics’ role in making tourism inclusive, resilient and sustainable. “Timely, detailed, and credible data strengthen industry growth and the economy. They tell us where we are now and where we could be heading,” BSP Assistant Governor Rogelio V. Mercado Jr. said at the ceremony.

Source: TokenPost

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