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MANILA - The Philippines' central bank will keep its accommodative monetary policy plans for as long as needed to ensure a strong and sustainable economic recovery from the coronavirus pandemic, its governor said on Monday.
Bangko Sentral ng Pilipinas Governor Benjamin Diokno also told ANC news channel he expects a "strong recovery" in the second quarter after a contraction in the first quarter. Policymakers will meet on Thursday to decide on key rates, while second quarter economic data will be released on Tuesday. REUTERS