, central banks will -- in the philippines, central .anks will move >> governor ben, good morning, nestayou on the program. -- nice to have you on the program. thank you for making time for us. your meeting is soon. what will change between now and then? originally, our plan was to cut by 25 basis points. new zealand, 75 basin points. --th korea, 50 basis points new zealand, 75 basis points. south korea, 50 basis points. we will cut by 50 basis points. how much monetary space does the central bank have to whether a possible fallout? are you starting to look at other types of tools, governor? of spacell have a lot from 2018. we mover this by 100 basis points. this -- we moved this by 100 basis points. we had not only a lot of monetized space but fiscal space. point, after a onedinated move that is government will be really effective. we have a very long gdp ratio. 50% and flowing. david: you are also the regulator for the banking sector. we understand there is a lockdown not just in manila, it spread to the island. the banking sector is going to remain open. -- they shuto you platforms to