òòò½´«Ã½ Senior Research Fellow Dr. John Paolo Rivera joined Bilyonaryo News Channel’s “Business 360” to shed light on the Philippines’ economic performance and what’s behind the stock market’s recent slump.
While the country has strong macroeconomic fundamentals, issues like corruption scandals, policy uncertainty, and underspending have shaken investor trust and slowed growth.
“The Philippine economy, or any economy, will not wait for the economic agents, politicians, economic leaders, policymakers to get their act together.”
Rivera also emphasized the need for government to improve spending efficiency and restore stability to keep the country on track toward its AmBisyon Natin 2040 and upper-middle-income goals.
Watch the full interview:
