The Duterte administration has carried out a slew of sweeping economic reforms over the past two years that previous political leaderships had failed to do and whose benefits are now being truly felt by the Filipino majority by way of lower poverty and hunger levels, more jobs and livelihood opportunities, and an economy that is among the fastest-growing in the world, according to Finance Undersecretary Karl Kendrick Chua.
Read MoreNEW CLARK CITY—Finance Secretary Carlos Dominguez III has expressed confidence in the economy expanding by 7 percent or better over the medium term on the back of the government’s “mammoth investment” of up to P9 trillion for the rest of the Duterte presidency on its “Build, Build, Build” infrastructure program, which will create jobs, attract investments and finally disperse growth to the countryside.
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