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BSP lauds PNoys contributions to financial inclusion, economic growth

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<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/business/06/25/20151203-pnoy-filipino-com-rome-2-031215_filcom_jv3.jpg"/><figcaption>President Benigno S. Aquino III delivers his speech during the Meeting with the Filipino Community in Rome at the Leptis Magna I &amp; II Function Room of the Ergife Palace Hotel for his Official Visit to the Italian Republic on December 3, 2015. <em>Joseph Vidal, Malacañang Photo Bureau/File</em></figcaption></figure></div><p>MANILA - The Bangko Sentral ng Pilipinas (BSP) on Friday conveyed its sympathies to the family of former President Benigno Aquino III a day after his death while commending his economic legacy.</p><p>In a statement, the BSP said Aquino &quot;lived a life of service to the country.&quot;</p><p>Aquino, who died in his sleep on June 24, served as a congressman in 1998, was elected to the Senate in 2007 and then rose to the presidency in 2010 shortly after the death of his mother former President Corazon Aquino.</p><p>&quot;He led the nation through six years of sustained growth that helped uplift the lives of the Filipino people,&quot; the BSP said.</p><p>&quot;The BSP deeply appreciates President Aquino&#x27;s support for the BSP&#x27;s mandates and advocacies, especially in ensuring a stronger and more capitalized central bank,&quot; it added.</p><p>Aside from his historic move to assert the country&#x27;s sovereignty over the West Philippine Sea against China&#x27;s claim, the former president will be remembered as the leader who helped bring the country&#x27;s first investment-grade rating in 2013. </p><p>Aquino, in 2016, also signed a law institutionalizing the Financial Inclusion Steering Committee tasked to implement the government&#x27;s national strategy for financial inclusion, the central bank said.</p><p>Business groups have also praised the former chief executive for his pro-people policies and good governance.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/06/24/21/philippine-economy-gdp-pnoy-benigno-aquino-iii">LIST: How the Philippine economy performed under former president Benigno Aquino III</a></li>	<li><a href="https://news.abs-cbn.com/business/06/24/21/pnoy-philippine-economy-investment-grade-pse">PNoy ushered Philippine economy to investment grade rating: PSE</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1713209" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>The Bangko Sentral ng Pilipinas (BSP) on Friday conveyed its sympathies to the family of former President Benigno Aquino III a day after his death while commending his economic legacy.<br /> </p>

The Bangko Sentral ng Pilipinas (BSP) on Friday conveyed its sympathies to the family of former President Benigno Aquino III a day after his death while commending his economic legacy.