Forbes: "Filipinos are better off under Duterte"

An international website just noted how President Rodrigo Duterte’s war on drugs made the lives of the Filipinos better than years ago.

Another foreign contributor to Forbes had noticed how effective the President’s tactics when it comes to fighting drug addiction in the country.

Even other countries like US, Cambodia, Indonesia loud the administration’s strict campaign against illegal drugs.

According to a column by Panos Mourdoukoutas; “President Rodrigo Duterte’s harsh tactics in fighting the drug war may have terrified some in the Philippines. But Filipinos are better off today than they were two years ago”

This was also according to an international survey firm – Gallup, which finds an increase in the percentage of the Filipinos considered their lives more positive or “thriving” since President Duterte assumed office.

Data from Gallup showed that there was a 28 percent of Filipinos who considered themselves as thriving in 2017, while there was only 26 percent of them for both years 2016 and 2015, placing the Philippines up by one notch in the ranking of Asian-Pacific countries.

The Forbes writer also cited that the Philippine economy under Duterte administration has been doing great, and was even ranked as the world’s 10th fastest growing economy in the world for 2017.

“Part of this strong performance can be attributed to luck. The Philippines economy has benefited from a revival in other Asian Pacific economies that has boosted exports, which account for close to a third of GDP. Exports from the Philippines rose 12.1 percent from a year earlier to USD 4.81 billion in April of 2017.” Mourdoukoutas wrote.

“Still, Duterte has maintained a stable macroeconomic environment of low inflation and low debt to GDP ratio, which has helped sustain a healthy consumer spending growth.” He added.

 Source: Forbes

Post a Comment