PH economy to grow under PBBM administration — economist

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The Philippine economy will continue to grow under President Ferdinand “Bongbong” Marcos Jr.’s administration, a Filipino economist made the projection on Monday.

Michale Batu based his calculation on the country’s macro-economic fundamentals, which he said would remain strong as evidenced by several favorable factors.

“Pero hindi po ako nagsasabi na 100 percent ay bababa ito ngayong Enero, pero may mga indicators na baka ngayong Enero, bababa na ito ,” Batu said during a Laging Handa briefing, noting that some other economists also see the inflation at its peak and being expected to drop this month. “So makikita pa rin natin na makakatulong iyan, iyong pagrere-open na iyan noong mga pockets na iyan sa mga darating na buwan. So aasahan natin na iyong growth ay tataas pa rin ,” he said.

Batu said he hopes President Marcos’ foreign trips could result to actual investments, which will also be helpful to the economy this year.

Source: Financial Digest (financialdigest.net)

 

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