London, 26 January – The Philippine Economic Managers, headed by Secretary of Finance Benjamin E. Diokno, visited London to conduct a briefing on the Philippine economy for British companies and investors as well as a Financial Literacy Session for the Filipino community.
Secretary Diokno was accompanied by Secretary of Budget and Management Amenah F. Pangandaman, National Economic and Development Authority Undersecretary Rosemarie G. Edillon and Governor of the Bangko Sentral ng Pilipinas Felipe M. Medalla.
The Philippine Economic Briefing (PEB) was the first post-pandemic in-person conference by the Philippine economic team in the United Kingdom. The briefing covered the socio-economic agenda of President Ferdinand R. Marcos, Jr. and the latest developments in the Philippine economy, including views on growth and inflation. Attendees also heard about the government’s spending priorities, fiscal and infrastructure programs, as well as recent reforms that further open the Philippine economy to 100 per cent foreign ownership of public services and renewable energy.
The Financial Literacy Session for the Filipino community was an opportunity for the economic managers to meet and engage with Overseas Filipinos based in the United Kingdom. Over a hundred members of the community representing various organizations attended the session where they learned about how to invest their hard-earned savings. The economic managers were joined at the session by representatives from the Development Bank of the Philippines, Land Bank of the Philippines and Metro Remittance UK.
