Realities about the Philippine economy

It is more fun criticizing

While other posts praise the growing PHL economy (now no 34 in GDP ranking!!!) others just like this post criticize its performance and say PHL is a house of cards    

As someone who has invested in the countryside, and go around frequently for the site visit, Ii conclude that much local investment has been made and we can not escape the fact that there is progress and much stride has been made in country side development.  And the truth is Western countries cant help but notice the growth rate of the PHL and that it has become an alternative for sites of manufacturing for those who leave China or Vietnam

Certain level of skill and ability has been built on AI, computers, semiconductor and even on infrastructure design and construction by Filipino architects and engineers

Self development personal improvement is prevalent among Filipinos and that is something not mentioned in the article/video.

We can move forward despite the questionable leadership in the country   

Interview of ANC Anchor with Incoming DOF Secretary Ben Diokno

It is more fun criticizing

This post finds comfort in the interview of incoming DOF secretary Ben Diokno regarding the new administration plan on how to handle the debt problem, the no PHP problem that incoming administration (where was the data gathered?)

The good former BSP governor said that the fundamentals of the country is good right now.  In his long years with govt service and witnessing one crisis after another, the incoming secretary said that the country's finances are OK (maybe in reference to Sri Lankan problem)  Our international reserves which stand at about $100 billion (P7 trillion)  is sound.  We are not under IMF control, we contribute to IMF rather than receiving aid from it.   This is a good statement to calm our people and investors, and standing with the world financial market.  It is a pity that news anchors and  detractors of the govt make negative

view of our present govt.  

(The hypothesis being that the Jr. Marcos will place RP again in difficult financial problems.  And that PDDU has siphoned off funds of the govt.

Some difficulties too with anchors pretending to know it all even the economic and fiscal issues for which they are not.   (This is not the first time that the good expert has lectured the newshen on finer points of goverrnance.  

The more difficult task is to place PHL in growth trajectory which will generate jobs and taxes.  

KD interview with Ben Diokno