Quetzal Quetzal Quetzals () are strikingly colored birds in the trogon family. They are found in forests, especially in humid highlands, with the five species from the genus "Pharomachrus" being exclusively Neotropical, while a single species, the eared quetzal, "Euptilotis neoxenus", is found in Mexico and very locally in the southernmost United States. Quetzals are fairly large (all over 32 cm or 13 inches long), slightly bigger than other trogon species. The quetzal is the country bird of Guatemala. Quetzals have iridescent green or golden-green wing coverts, back, chest and head, with a red belly. They are strongly sexually dimorphic, and
Monetary policy of the Philippines the desired level of inflation that is consistent with the economy's growth objective. In effect, under the monetary targeting framework, the BSP controls inflation indirectly by targeting money supply. The BSP employs a modified framework beginning the second semester of 1995 in attempt to enhance the effectiveness of the monetary policy by complementing monetary aggregate targeting with some form of inflation targeting, placing greater emphasis on price stability. Certain key modifications include: Under an aggregate targeting framework, the BSP fixes money growth so as to minimize expected inflation. On the other hand, under the new framework, BSP sets monetary policy