strategic market, more financial institutions would invest in developing the specialized skills, tools, and approaches to effectively compete for this market.
Priority initiatives Guided by the strategic objectives, priority initiatives were identified along with the primary responsible entity(ies) and indicative timelines. The priority initiatives aim to inform what needs to be implemented within an agreed timeframe to promote greater focus and accountability under the strategy. Initiative
Responsible entity*
Timeline
Promote inclusive digital finance Promote adoption of PhilSys in the financial sector Expand digital payment use cases: interoperable bills payment government collections and disbursements cross-border remittances Enable digital payments for all community
PSA, BSP, SEC, IC
BSP, PPMI DBM, DOF, DILG, BTr, COA, PLLO BSP, DILG, DOTr, financial
2022-2023 2022-2023
2022-2023 19
