Duterte needs to send 'clear signal' on economic reforms: analyst


Posted at Jul 22 2019 10:03 AM

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MANILA – President Rodrigo Duterte should leverage his popularity to enact economic reforms swiftly, a risk consultant said Monday, ahead of the chief executive’s fourth State of the Nation Address.

The challenge for the President is to give a "clear signal" on policies such as the constitutional change, Teneo managing director Bob Herrera-Lim said.

"That political capital is important but if you take a look at the numbers, that political capital evaporates within the short amount of time. We saw that in inflation last year," he said.

"He’s not bulletproof and the best way… if I were his cabinet is to say ‘Sir we need to do things better, we need to do things faster," he said.