Tuesday, April 25, 2017

Pernia’s NBA team loses, but claims ‘Duterteconomy’ will be a winner

The Golden State Warriors’ titanic meltdown in the 2016 NBA Finals against the Cleveland Cavaliers was a bummer for Rodrigo Duterte’s top economic planner.

However, incoming National Economic Development Authority (NEDA) chief Ernesto Pernia still can’t help but feel stoked about the economic prospects of the new administration.

“I feel downbeat that Golden State team lost, but I’m upbeat about incoming Duterte leadership,” said Pernia, who by all indications is a Steph Curry fan.

Unlike the Curry though, Pernia promised during Monday’s Sulong Pilipinas business forum in Davao City that the Duterte administration will deliver went it counts.

“There may be some adjustment hiccups but 6.5 percent [growth target] will be feasible and conservative enough for 2016,” he said, referring to “Digong’s” first year in office.

Some 300 delegates attended the business forum, which the President-elect will grace tomorrow.

In an earlier interview on GMA News TV, Pernia admitted that the Philippine economy has actually performed well under President Benigno Aquino III. However, he feels that the current administration dropped the ball in making poor Filipinos experience the benefits of its economic successes.

“Kailangan bababa sa mga mahihirap yung gains ng economic growth, pati sa mga regions, hindi lang sa Imperial Manila,” said Pernia, who is Professor Emeritus at the University of the Philippines’ School of Economics.

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