The Investor Relations Office (IRO) was established in July 2001 to strengthen the country’s relations with investors and other stakeholders by promoting active channels of information flow and dialogue between economic policy makers and investors. Based in the Bangko Sentral ng Pilipinas (BSP) or the Philippine central bank, the IRO has a dedicated staff composed of trained economists and communication specialists who work with their counterparts in the BSP and the economic agencies to implement a wide-ranging program of investor relations activities. The IRO provides services to a wide range of stakeholders – the Government’s economic agencies, financial institutions, credit rating agencies, bilateral and multilateral organizations, domestic and foreign investors, the diplomatic corps, business people, the media and the general public. All services to its stakeholders are underpinned by a set of fundamental principles: transparency, accessibility, timeliness, consistency and feedback.