Financing must be easier for small businessmen: Habito


Posted at Feb 05 2018 12:38 PM

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MANILA - Filipinos can ride on the growing economy by becoming entrepreneurs, former economic planning secretary Cielito Habito said.

Habito said the government should make bank loans more accessible to micro, small and medium enterprises.

Compared to other countries in Southeast Asia, Habito said the MSMEs in the Philippines contribute less to gross domestic product.

"Think of how you yourself can contribute to the economy by entrepreneurship, by setting up small business and growing it to go beyond small business," Habito told ANC's On the Money.