History, asked by bajaoblesila22, 2 months ago

Kailan ipinatutupad ng Bangko Sentral ng Pilipinas ang patakarang tight money at ang patakarang easy money?​

Answers

Answered by aastharajput3101
16

Answer:

The Bangko Sentral ng Pilipinas (lit. 'Central Bank of the Philippines'; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019

In 1900, the First Philippine Commission passed Act No. 52,[4] which placed all banks under the Bureau of the Treasury and authorizing the Insular Treasurer to supervise and examine banks and all banking activity. In 1929, the Department of Finance, through the Bureau of Banking, took over bank supervision

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