THE Economic Team and Bangko Sentral ng Pilipinas (BSP) are back in Clark, Angeles City for another round of economic briefing nationwide, investor relations office (IRO) said.

The Economic Team, led by the Department of Finance (DOF) secretary, is comprised of the Department of Budget and Management (DBM), Department of Trade and Industry (DTI), Department of Agriculture (DA), Department of Energy (DOE) and the National Economic and Development Authority (Neda).

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The briefing, which is primarily a follow up to the "Dialogue for Post - Disaster Rehabilitation" last December, was held at the Ramos Hall of Hotel Stotsenberg at 10 a.m. Friday around 150 industry and business leaders and select key local government officials attended the said briefing.

Finance Secretary Margarito B. Teves gave updates on the activities of the commission since last December. He also presented the concrete rehabilitation projects in the pipeline, programs of the Commission for 2010 and its funding.

BSP Assistant Governor Ma. Cyd Tuaño-Amador discussed on the measures that the BSP continues to institute in support of rehabilitation. She also gave the outlook on inflation, the external accounts and banking system for the region.

Neda-Central Luzon Director III Lynette Bautista focused on the 2009 regional performance and projects for 2010 given the rehabilitations efforts. In addition, Director Bautista has given updates on the rehabilitation plans and activities of the National Government that were presented last December.

"The follow-up briefing is a good opportunity to assure the local business community of the commitment of the commission to assist in the rehabilitation and reconstruction of the province," IRO Executive Director Claro Fernandez said.

He said the briefing is also a good venue for the Central Luzon business community to interact and raise their concerns directly to the economy.

Angeles City is the fifth of six cities that the Economic Team and BSP officials have visited in March as part of the government’s efforts to share with local business communities how it continues to address the challenges arising from the calamities and discussed plans and programs for the year 2010.

For more information, you may email at info-iro@bsp.gov.ph or call Ms. Lourdes Laconsay at (045) 323-4101.