Malacanang reported that investments, employment and business confidence have leveled up under the watch of President Rodrigo Duterte.
In a briefing, Presidential Spokesperson Ernie Abella listed down rosy statistics to present that the Duterte has had a constructive effectvon the financial system:
Foreign direct investments climbed by 60 p.c to $eight billion in 2016;
Employment fee rose to 94.three p.c in April 2017 from 93.9 p.c throughout the identical interval final yr;
Bangko Sentral ng Pilipinas reported a 13.1 p.c progress in total confidence index throughout the second quarter this yr
“There is soaring consumer optimism is due to the improvements in the peace and order situation in the country, higher salary, stronger business activity, increase of available jobs and number of employed individuals and effective government policies such as [Pantawid Pamilyang Pilipino Program] (4Ps) and increased pension for retirees,” stated Abella.