Peta in

Social Studies

John Paul Jaypee C. Pecson

VIII – St. Anthony de Padua
1) How was the BSP formed?

It was established in January 3 1949, it was formed because of the Tydings –

McDuffie Act.
2) What is the purpose of the BSP?
The purpose of the BSP was to promote economic development and maintain
internal and external monetary stability.
3) How does it balance the economy of the country?

3.1 Policies
Monetary Policies is the monitoring and control of money supply by a central
bank.
3.2 concideration

4. what are the problems encountered by the BSP and how was it solved?