Jumbo RRR cut seen to inject over P300 billion into economy
Jumbo RRR cut seen to inject over P300 billion into economy
By Luisa Maria Jacinta C. Jocson, Reporter MORE THAN P300 billion could be released into the Philippine economy after the central bank slashed the reserve requirement ratio (RRR), analysts said. “We estimate the impact of the 250-basis-point (bp) RRR cut to be a liquidity injection of around P310-330 billion (around 1.2% of full-year 2024 gross […]
By Luisa Maria Jacinta C. Jocson, Reporter MORE THAN P300 billion could be released into the Philippine economy after the central bank slashed the reserve requirement ratio (RRR), analysts said. “We estimate the impact of the 250-basis-point (bp) RRR cut to be a liquidity injection of around P310-330 billion (around 1.2% of full-year 2024 gross […]