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PhilEXIM Holds Forum on Guarantees as Economic Enabler

 State-owned Philippine Export-Import Credit Agency (PhilEXIM) has organized a business forum which aims to generate positive impact and opportunities for the institution.Titled “Business Forum on Guarantees as an Economic Enabler”, the occasion will bring together experts from various fields to discuss about development finance and the advantages and economic value of sovereign guarantees towards strategic sectors and public-private partnerships (PPPs).

The Forum has two sessions - Financing for Development, which will discuss about the economic value of guarantees in national development, and Sovereign Guarantees for Strategic Projects/PPPs, which is specific to our mandate as an FI that supports economic areas of the country. In both sessions, PhilEXIM hopes to generate public support and understanding as to how the mechanism of guarantees can provide economic transformation and results. More importantly, the occasion can serve as a bridge between and among market and industry players for better cooperation as well as consider guarantees as an instrument of economic good.

Caption:  

PhilEXIM Chief of Staff Ian A. Briones (far left) moderates panel discussion with panelists (starting 2nd from left) Isidro Abas Sobrecarey, Chairman and Chief Executive Officer of Al-Amanah Islamic Investment Bank of the Philippines; Adoracion M. Navarro, Senior Research Fellow of the Philippine Institute for Development Studies (PIDS) and Dr. Alberto D. Peña, adjunct professor of the ADFIAP Asia-Pacific Institute of Development Finance (IDF)