Another BSP initiative that addresses the data gap is the Consumer Finance Survey, which aims to generate, measure and analyse data on the wealth, indebtedness, savings and investments of Philippine households. At present, the BSP is completing a pilot consumer finance survey, and it will soon be conducting the full-scale survey in selected regions. This is one of the initiatives that could shed more light on the role of consumer credit in the development of the Philippines and in elevating the well-being of its people
