Top 10 things to feel good about Duterte`s effect on PH economy in 2016

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Here are 10 things to feel good about the economy under Duterte:
Created photo of Newsinfolearn from Rappler and Politiko

1. Transition in Power - a peaceful orderly democratic transition in power because investors just hate uncertainty.

2. Solutions-driven practitioners and economic managers - An epowered Cabinet of solutions-driven practitioners and economic managers - Budget Secretary Bejamin Diokno, Finance Secretary Sonny Dominguez, Trade and industry Secretary Ramon Lopez and Socioeconomic Planning Secretary Ernesto Pernia.

3. Supermajorities - Formation of supermajorities in House and Senate which is the closest to a government of national unity.


4. Hitting the ground running - with 10 full Cabinet meetings and two Legislative-Executive Development Advisory Council in the first five months.

5. Peace talks and indefinite ceasefire - with the Communist Party of the Philippines-New Peoples Army as well as with Moro Islamic Liberation Front.

6. China - Huge business potential from China pivot and forging an independent foreign policy.

7. Fast economic growth - in Asia and manufacturing resurgence

8. Roll-out - of Ambisyon 2040, a 10 point economic agenda and preparation of 2017-2022 development plan.

9. Peace and order - Substantial improvement in peace and order with 80 percent reduction in drug volum and 39 percent drop in crime.

10. Commitment to deploy funds - with 83 percent increase in infrastructure spending and improved absorptive capacity.


Source: Politiko

Top 10 things to feel good about Duterte`s effect on PH economy in 2016 Top 10 things to feel good about Duterte`s effect on PH economy in 2016 Reviewed by Newsinfo Learn on December 14, 2016 Rating: 5

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