With its important role in facilitating investments and mobilizing resources, financial policies and institutions play a key role in achieving economic growth and development. However, it goes without saying that the financial sector is not without its challenges brought about by the COVID-19 pandemic.

As a response to the unprecedented global health crisis, monetary policies have been put in place to cushion its impacts to businesses and households. On the other hand, this has heightened the need of the industry to drive digital transformation, as well as rethink and redesign business models and operations.

The JFC virtual forum on 9 March entitled "The Philippine Financial Sector: Policy Perspectives and Trends" aims to provide an avenue for discussions on the Bangko Sentral ng Pilipinas' plans and priorities, as well COVID-19 policy response. This event will also be a platform for exchanges on the industry's current challenges, as well as emerging opportunities and trends, which could be leveraged to achieve the sector's recovery and stability.