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BSP to Expand Reach of Economic and Financial Knowledge and Information Services to Local Communities Nationwide


The Bangko Sentral ng Pilipinas (BSP) plans to establish the Knowledge Resource Network (KRN), an initiative at information and knowledge sharing that aims to enhance the public’s understanding of economic and financial concepts and issues, one of the Bank’s key objectives.  Conceived to be in partnership with libraries of the local government units, national agencies and academic institutions all over the country, BSP will set up Knowledge Resource Collections that will house updated BSP publications such as books, reports, guides, manuals, primers and brochures, provide access to online publications and research assistance services to the public.  These information resources and services will be made available to the communities for free.

BSP envisions KRN to be a catalyst for economic development by empowering the public to make informed and better economic and financial decision through easy access to information and services. 

The program involves the: a) setting up of a BSP Resource Collection in each partner library where BSP publications shall be displayed; b) training of partner librarians to maximize BSP information resources; and c) active participation of both BSP and partner libraries in information resource sharing.   Specifically, the BSP will:  a) provide free updated BSP publications, signage and BSP logo for the BSP Resource Collections; b) conduct free training/briefing sessions on online publications and research/statistical databases available on the BSP’s website; c) provide reference and research service assistance to partner libraries on subjects related to economics and finance; and d) review and evaluate effectiveness of the program.  In turn, the partner libraries will be expected to:  a) provide the physical space, shelves, and computers needed for BSP publications; b) ensure discoverability by cataloging all BSP publications and make them available for library clients; c) coordinate with the BSP, through the EFLC Main Office or EFLCs in regional offices and branches (ROBs), regarding client requests for economic and financial information materials; d) monitor the use of BSP materials and ensure prompt action on research requests; and e) submit quarterly reports to the BSP.

The KRN is expected to be launched nationwide in February 2017.  Interested parties may contact Ms. Nelia R. Balagapo at telephone number 708-7277; 708-7701 local 2727 or email address balagapon@bsp.gov.ph.

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