@GovBenDiokno says the 4.5% inflation in March was within the BSP’s 4.2-5% forecast and consistent with expectations that it could exceed the 2-4% target in 2021, reflecting the impact of supply side constraints on domestic prices of meat and rising oil prices. | @lawagcaoili
@GovBenDiokno@lawagcaoili@GovBenDiokno adds inflation is still seen to return to within target band in 2022 as supply side influences subside. At the same time, timely and effective implementation of direct measures by the National Government could contribute to easing price pressures. | @lawagcaoili
@GovBenDiokno@lawagcaoili The balance of risks to inflation outlook remains broadly balanced around the baseline path in 2021, while leaning toward the downside in 2022. | @lawagcaoili
@GovBenDiokno@lawagcaoili Tighter domestic supply of meat products and improved global economic activity could lend further upward pressures on inflation. | @lawagcaoili
@GovBenDiokno@lawagcaoili However, the ongoing COVID-19 pandemic also continues to pose downside risks to the inflation outlook, as the recent surge in virus infections and challenges over mass vaccination programs continue to temper prospects for domestic demand. | @lawagcaoili
@GovBenDiokno@lawagcaoili At the same time, the Monetary Board emphasizes that the timely implementation of non monetary interventions is crucial in mitigating the impact of supply side pressures on inflation and thereby preventing them from spilling over as second round effects. | @lawagcaoili
@GovBenDiokno@lawagcaoili The Monetary Board is of the view that prevailing monetary policy settings remain appropriate to support the government’s broader efforts to facilitate the recovery of the economy. | @lawagcaoili
@GovBenDiokno@lawagcaoili ...and is prepared to take immediate measures as appropriate to ensure that the monetary policy stance continues to support its price and financial stability objectives. | @lawagcaoili
• • •
Missing some Tweet in this thread? You can try to
force a refresh
LOOK: Pasig City has set up a temporary holding area that will be operational starting tomorrow, April 8, 2021, in a bid to address the increasing waiting time in emergency rooms due to the surge in COVID-19 cases.
“Ito po ay isang bahagi ng tugon natin sa matinding problema... Kukulangin pa rin siguro, pero makakatulong kahit papaano: nag set up tayo ng TEMPORARY HOLDING AREA na parang extension ng ER,” Mayor Vico Sotto said.
They have initially set up five beds but more will be added in the coming days. The holding area is complete with medicines, basic equipment and supplies, doctors and nurses.
PSG chief Brig. Gen. Jesus Durante III: As the number of COVID-19 cases continue to rise in our country, the Presidential Security Group is not spared from the virus as our personnel continue to perform our mandate. | @alexisbromero
@alexisbromero Durante: We protect our VIPs; guard the PSG compound, the residence and the whole Malacañang Complex 24/7, where civilian residents are also situated, thus, exposure to the virus is inevitable. | @alexisbromero
@alexisbromero Durante: At the least, our PSG personnel who got infected are not directly or closely detailed with the President and are all asymptomatic without experiencing any adverse symptom. Hence, rest assured that the President is safe and in good health. | @alexisbromero
A 48-year-old deaf-mute man from Tingloy, Batangas sells these handmade wooden sandok made from munlawin wood as he tries to make ends meet for his family. (Photos courtesy of Leiza Albania-Perez)
“He used to work as a carpenter since his 20s to support his family. Due to his age plus the pandemic, he isn’t able to apply for a job outside the island,” uploader Leiza Albania-Perez told The Philippine STAR.
The handcraftsman named Gimmy, Leiza’s cousin, also makes other wooden items such as cabinets, chairs, tables, souvenir items, and even scale model ships.
The office of Vice President Leni Robredo launched Wednesday afternoon the Bayanihan E-Konsulta, a tele-consultation platform which aims to provide medical assistance for outpatient cases, especially to those who have limited resources and access to doctors. | @helenmflores
Davao City Mayor Sara Duterte-Carpio, Manila Mayor Isko Moreno, former senator Bongbong Marcos, Sen. Manny Pacquiao, and Vice President Leni Robredo remained the Top 5 choices for president in the 2022 elections, according to Publicus Asia Inc. March 20-29 survey. | @helenmflores
@helenmflores Manila Mayor Isko Moreno, Davao City Mayor Sara Duterte-Carpio, Sen. Manny Pacquiao and Sen. Bong Go were the top choices for vice president in 2022 - Publicus Asia Inc. March 20-29 survey. | @helenmflores
@helenmflores Publicus Asia Inc.: (Top 12 choices for senators) Sen. Risa Hontiveros, Bongbong Marcos, Sen. Joel Villanueva, Sen. Win Gatchalian, Batangas Rep. Vilma Santos-Recto, and Antique Rep. Loren Legarda. | @helenmflores
Presidential daughter and Davao City Mayor Sara Duterte-Carpio confirmed flying commercial Tuesday afternoon, and shunned taking a private jet as she flew to Singapore for medical reasons. | @EdithRegalado
@EdithRegalado "I am on leave from April 6 to 10. I have travel authority to Singapore from DILG. The reason is personal health management," the mayor said in a statement on Wednesday.
@EdithRegalado She also added that all protocols for return to Davao City including RT-PCR testing and 14-day quarantine have all been pre-arranged.