Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 percent with immediate effect from 4.00% earlier.
Ferdinand "Bongbong" Marcos Jr., son of the late Philippine dictator Ferdinand Marcos, has claimed victory in the 2022 Philippines presidential election with over 30.8 million votes.
The production of Food-grains in the country is estimated at a record 314.51 million tonnes which is higher by 3.77 million tonnes than the production of food grain during 2020-21.