BSP has injected PHP1.9 trillion (approx US$39.2 billion) liquidity into the financial system

BSP PR

The BSP has injected approximately PHP 1.9 trillion ( or US$39.2 billion) in liquidity into the financial system. This is equivalent to 9.6 percent of GDP.

The amount includes the new provisional advance of PHP 540 billion which is targeted to be released first week of October 2020.

The BSP is working hand-in-hand with the National Government to ensure that the coronavirus pandemic will leave little permanent scar on the Philippine economy and its people.

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