National

Strengthen AMLC, BSP urged

The Manila Times 27 Aug

Philippines

Strengthen AMLC, BSP urged — Sources: The Manila Times

SENATE President Sherwin Gatchalian on Thursday urged Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. to strengthen the Anti-Money Laundering Council (AMLC) as he warned that corruption and the resulting slowdown in government spending are emerging as major threats to the Philippine economy. During the Development Budget Coordination Committee (DBCC) briefing at the Senate, Gatchalian

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