PH pang-6 sa financial strength--The Economist | Bandera

PH pang-6 sa financial strength–The Economist

Leifbilly Begas - May 01, 2020 - 04:38 PM

PANG-anim ang Pilipinas sa 66 emerging economies na sinukat ang financial strength sa pag-aaral ng The Economist magazine.

Ayon kay House committee on ways and means chairman at Albay Rep. Joey Salceda ang mataas na ranking ng bansa ay patunay na tama ang direksyon na ginagawa ng gobyerno.

“The ranking validates our efforts to make this country’s financial position stronger,” ani Salceda na siyang pangunahing may-akda ng tax at economic reforms sa bansa. “As I’ve said in the past, we are remarkably well-positioned to recover from Covid-19, on the strength of our fundamentals, and this result is a confirmation of that.”

Ang Pilipinas ay sumunod sa Botswana, Taiwan, South Korea, Peru, at Russia. Hindi kasali sa ranking ang Singapore na nasa developed country status.

“Of course, we cannot rest on our laurels. That is why we need to finish tax reform, complete our investment liberalization program, and promote our banking reforms,” dagdag pa ni Salceda.

Sinukat sa pag-aaral ng The Economist ang kakayanan ng bansa batay sa public debt, foreign debt, cost of borrowing, at reserve cover.

“It tells you that the Department of Finance, the BSP, and the economic managers are doing their jobs well. It’s exceptional among developing countries to be strong on macroeconomic, fiscal, and financial metrics all at once. Our partnership, between my committee and the executive, will continue to be among the most productive in our history,” saad ni Salceda.

Si Salceda ang may-akda ng Comprehensive Tax Reform Program, pag-amyenda sa Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act, at banking reforms bill gaya ng Comprehensive Financial Consumer Protection Act, Virtual Banking Act, at pag-amyenda sa Agri-Agra Law.

Bago naging kongresista, si Salceda ay isa sa top market analysts sa Asya.

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