There!
"Filipinos deserved the government they elected"... To Dutertards - Tapang nyo magsalita ah eh di tingnan natin kung yung tapang nyo will bring food to the table...
President-elect Rodrigo Dutertes popularity will result in an uncontested political transition for the new government, but his strongman approach to governance could cause investors jitters, unsettle lawmakers and slow progress in implementing economic policy, a British research group said in a newly released report.
In the report Strongman rising: What a Rodrigo Duterte presidency will mean for the Philippines released Monday, the Economist Intelligence Unit (EIU) evaluated three scenarios for economic growth under the incoming presidency.
We assume that Mr. Duterte will be open to foreign direct investment and will adopt measures to boost competition in the domestic economy, the EIU report said. Mr. Duterte has, however, made foreign investors jittery and we expect capital inflows to slow until there is further clarity on his economic team and its strategy, the report stated.
Under this core scenario, EIU forecasts economic expansion of at least 5 percent a year from 2016 to 2020, well below the current government target of 6.8 percent to 7.8 percent, and other analysts estimates ranging from 6 percent to near 7 percent.
http://www.manilatimes.net/economy-l...te-eiu/267736/
"Filipinos deserved the government they elected"... To Dutertards - Tapang nyo magsalita ah eh di tingnan natin kung yung tapang nyo will bring food to the table...
President-elect Rodrigo Dutertes popularity will result in an uncontested political transition for the new government, but his strongman approach to governance could cause investors jitters, unsettle lawmakers and slow progress in implementing economic policy, a British research group said in a newly released report.
In the report Strongman rising: What a Rodrigo Duterte presidency will mean for the Philippines released Monday, the Economist Intelligence Unit (EIU) evaluated three scenarios for economic growth under the incoming presidency.
We assume that Mr. Duterte will be open to foreign direct investment and will adopt measures to boost competition in the domestic economy, the EIU report said. Mr. Duterte has, however, made foreign investors jittery and we expect capital inflows to slow until there is further clarity on his economic team and its strategy, the report stated.
Under this core scenario, EIU forecasts economic expansion of at least 5 percent a year from 2016 to 2020, well below the current government target of 6.8 percent to 7.8 percent, and other analysts estimates ranging from 6 percent to near 7 percent.
http://www.manilatimes.net/economy-l...te-eiu/267736/