The Bangko Sentral ng Pilipinas (BSP) already injected more than P1 trillion in additional liquidity into the financial system to stimulate the country’s economy, one of its top officials told lawmakers on Friday.

This comes after BSP Governor Benjamin Diokno earlier stressed the gradual and prudent unwinding of the central bank’s coronavirus disease 2019 (Covid-19) response, and as the Bangko Sentral released its latest money supply data that showed a sustained increase in March.

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