Heading for the Homestretch

PHILIPPINES - Forecast 14 May 2015 by Romeo Bernardo and Christine Tang

Executive Summary

The government of Benigno Aquino is heading towards its last year in office basking in glowing reviews about the resilience and growth potential of the economy.As the din characteristic of pre-election Philippines grows louder, many wonder whether they will see a more active President urgently using the remaining reform window to secure his legacy, including inspired succession planning.So far, the economy is chugging along carried forward by momentum and upbeat sentiments.On the other hand, the lack of data on public spending has left us much less confident a...

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