June 25, 2020 / 2:05 PM / 20 days ago

Philippines recent actions increased liquidity by 7% of GDP - cenbank governor

NEW YORK, June 25 (Reuters) - Philippines central bank governor Benjamin Dikono said on Thursday recent policy actions have increased liquidity by about 7% of the country’s gross domestic product.

“We estimate that we have actually increased liquidity by about 1.4 trillion pesos or 7% of GDP,” he said in a webinar hosted by Bloomberg.

Reporting by Rodrigo Campos and Karin Strohecker Editing by Chizu Nomiyama

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