A London-based economic research firm predicts foreign investors will make a beeline for the Philippines if Vice President Leni Robredo becomes president.
Capital Economics’ Gareth Leather said Robredo will be a welcome change from Duterte, who has a “willingness to undermine political institutions.”
“If President Duterte is forced to leave office through ill health, Vice President Leni Robredo, who leads the main opposition party in the Philippines, would take over as president,” he said in a commentary published Friday (November 15).
“We don’t know much about what Ms. Robredo’s economic agenda would be if she took office, but given her fierce opposition to Duterte’s fierce authoritarian tendencies, including his willingness to undermine political institutions, a change in president would be welcomed by investors,” Leather added.
Duterte has been vocal about having many ailments, including Barrett’s esophagus and Buerger’s disease, which he got from smoking in his younger years.
He said he also experiences pain frequently because of a spinal injury he had from a motorcycle accident.
In a speech in Russia in October, Duterte revealed he was suffering from myasthenia gravis, a disease causing muscle weakness.
He told GMA News’ Marisol Abdurahman Friday that he was no longer in the best of health.
“Lahat ng sakit, nandito na sa ‘kin kasi matanda na ako… Kung sabihin mo, ‘Okay ka ba presidente? Are you in the best of health?’ Of course not. I am old, life has begun to take its toll on my health. At kung sabihin mong may sakit ako, meron. You name it, I have it. Para wala na lang debate,” Duterte said.