President Rodrigo Duterte has inherited an economy that has shifted to a higher growth trajectory, and sustaining or even surpassing it depends on the new government’s determination to build on previous socioeconomic reforms.
This is the consensus view among financial services firms Nomura and PT. RHB Securities Indonesia, London-based research consultancy Capital Economics, Fitch-owned BMI Research, and banking giants HSBC and DBS, ahead of Duterte’s first State of the Nation Address on Monday.
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