The market affirms the Duterte administration’s short, medium and long-term goals by voting with its feet. Optimism in the Philippine economy is on a five-month high, capped by a stock market rally that reflected a total volume turnover of P12 billion on Tuesday.
Likewise, we remain equally optimistic as the National Economic and Development Authority projects a seven-percent GDP growth in the first quarter of this year. This speaks volumes of the soundness of our macroeconomic fundamentals, which we hope will translate to improved standards of living especially for those in the margins of society.
Our goal is sustained economic growth that attracts more investments, creates more jobs for our growing labor force, and leads to tangible benefits in the day-to-day lives of Filipinos.
This is what prosperity for all is about, and what the Duterte administration seeks to achieve during its term of office.