Only inclusive economy can sustain PH growth momentum – DoF

The Philippines cannot sustain its growth momentum unless the government transforms the economy into a truly inclusive one, in which ordinary Filipinos make market decisions and help shape economic development, the Department of Finance (DoF) said.

However, where the Philippines stands in its stage of development, market information and other issues related to the economy are exchanged only within a narrow section of the population, Finance Secretary Carlos Dominguez 3rd said in a speech before the Economic Journalists Association of the Philippines (EJAP) late Monday.