The Regional Tripartite Wages and Productivity Board – National Capital Region (RTWPB-NCR) convened a Board Meeting last August 12, 2020, 10:00 am, thru Zoom Application to assess the impact of the pandemic on the region’s current monetary situation.

Bangko Sentral ng Pilipinas (BSP) Deputy Director Dennis Bautista of the Economic and Research Group apprised the Board on the monetary condition of the country and inflationary projections amidst the pandemic. He was optimistic that inflationary expectations remain manageable and anchored on the 2% to 4% inflation target range until the next two years. The country’s strong macroeconomic fundamentals remain the first line of defense amidst the impact of the pandemic.