Philippines can afford record infrastructure push

Philippine government officials and investment bankers explain how the country has plenty of fiscal room for ambitious infrastructure spending and a very clear understanding of how to implement it.

The Republic of the Philippines is not only able to afford its highly ambitious infrastructure development programme, but has also learned from past mistakes about how to implement it.

That was the conclusion of a recent FinanceAsia webinar led by three of the country's leading practitioners Rosalia V De Leon, Treasurer at the Department of Finance Ferdinand A. Pecson, executive director of the Philippines' Public-Private Partnership PPP Centre and Dennis Montecillo, head of the corporate clients group at the Bank of the Philippines Islands.

In April, President Rodrigo Duterte, announced the country’s most far-reaching infrastructure spending programme ever as part of a 10-point Socio-Economic Plan...

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