MANILA, Dec 9 (Reuters) – The Philippine central bank sees the need to “patiently maintain” its policy support to ensure economic recovery, its governor said on Thursday, ahead of a policy setting meeting on Dec. 16.
The central bank is committed to providing policy support to help recovery from the pandemic, Governor Benjamin Diokno told a regular news conference. It stands ready to use policy instruments to ensure monetary policy settings remain appropriate, he added.
(Reporting by Neil Jerome Morales; Editing by Martin Petty)
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This article originally appeared on reuters.com