Dominguez: Proposed investment liberalization strategies to enable rapid economic recovery
Автор: Department of Finance PH (DOF PH)
Загружено: 2021-02-14
Просмотров: 75
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Finance Secretary Carlos G. Dominguez called on lawmakers to help jumpstart the Philippines’ recovery by acting on pending priority economic bills and easing the “inordinate” restrictions on foreign ownership in certain sectors of the economy.
“It is preferable, of course, to achieve the liberalization reforms in one blow. But if there are things that we can do to open up the economy through administrative measures, we must implement them. If there are areas that we can liberalize by amending our existing laws, then let’s do that,” added Dominguez, who heads President Duterte’s economic team.
Dominguez said that the proposed provisions “would be a significant factor in revving up the Philippine economy and sustaining its recovery.”
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