Bangko Sentral ng Pilipinas 9th Year of Makeover
Nine years ago to this month, the 9th Congress of the Republic of the Philippines decreed the death of the Central Bank created under RA 265 and resurrected it through Bangko Sentral ng Pilipinas under Republic Act 7653. The demise of the old bank regulator was never explained by the proponents to the public – it was better…