S&P now sees sustained PH growth under Duterte

Debt watcher Standard & Poor’s (S&P) now believes that the Philippine economy will continue along its present growth path as the incoming government has signaled it will maintain policy continuity.

In a report, S&P noted that from an economic policy standpoint, presumptive President Rodrigo Duterte’s statements since the election have so far focused on maintaining the previous administration’s infrastructure program via the public-private partnership program, as well as endeavoring to revise constitutional restrictions on foreign investment.