‘Political noise’ fails to drown out Duterte’s accomplishments

‘Political noise’ fails to drown out Duterte’s accomplishments

- in Economy, News
Finance news

Department of Finance (DOF) spokesperson Paola Alvarez today said the “undue political noise” has failed to drown out the accomplishments of President Rodrigo Duterte in his first three months, pushing up his net satisfaction rating to record levels.

“Certain groups advancing their narrow and selfish partisan interests have failed to drown out with their political chatter the initial accomplishments of President Duterte, which includes not only his tough campaign versus crime and illegal drugs but a well-crafted tax reform program designed to help realize his campaign commitment to attack poverty and make high growth inclusive for all,” Alvarez said.

She said this best explains the record net satisfaction ratings of the President in the latest Social Weather Stations (SWS) survey, which the polling firm said showed that his administration was off to a “very good start.”

In the September 24-27 survey conducted by the SWS  among 1,200 respondents nationwide, Duterte obtained a +64% net satisfaction rating, besting those received by his post-EDSA 1986 predecessors save for Fidel Ramos, who got +66 in 1992.

Duterte’s ratings were either “excellent” or “very good” across all regions, socioeconomic classes, genders and age groups, the SWS survey showed.

Alvarez noted that Duterte got an “excellent” rating in particular in Mindanao because of his decisive moves to include Mindanaoans in the Cabinet and his regular trips to Davao City and elsewhere in the South, “which prove his commitment to truly devolve political power and growth from Mega Manila to the country’s other regions.”

She said Duterte’s centerpiece 10-point socioeconomic agenda on inclusive growth was also well received by foreign institutions such as the World Bank and International Monetary Fund (IMF), which remain bullish on the Philippines’ growth momentum under his presidency.

The World Bank has pointed out  that the Philippines’ economic growth could surpass current forecasts should Duterte make good on his commitments to maintain the country’s sound macroeconomic policies and accelerate infrastructure spending to help cut the poverty rate from 26 percent to 17 percent by 2022.

Even local business groups like the Philippine Chamber of Commerce and Industry (PCCI) and the Employers Confederation of the Philippines (ECOP) are satisfied with the three-month performance of the Duterte administration, which has already submitted a tax reform package to the Congress that responds to most of their concerns on tax policy and administration.

Alvarez said Duterte’s high ratings show that for all the political noise lately, the Filipino people’s trust and confidence in the President remain high.

“They are satisfied with his government’s initial feats in support of his 10-point socioeconomic agenda that aims to free 10 million Filipinos from poverty and transform the Philippines into an upper middle-income economy by the time he leaves office in 2022,” she added.

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