News Release

From the Presidential Spokesperson – On Filipinos welcoming the New Year with hope

We are pleased with the latest Social Weather Stations survey showing 96% of Filipinos are entering the New Year with hope. This figure is considered a record-high.

Indeed, there are reasons to be hopeful. Our economy is on a roll with institutions like the Asian Development Bank upgrading our growth outlook for 2017 and debt watcher Standard & Poor’s (S&P) Global Ratings also adjusting upward its economic growth forecast for the Philippines this year. The liberation of Marawi will likewise spur economic activities in Mindanao. The implementation of the Tax Reform for Acceleration and Inclusion Act– together with higher investment in infrastructure– on the other hand, is expected to prop up our economy in 2018.

The prospects for the future thus look bright. We therefore ask our citizens to help the Administration in laying down the foundation of a prosperous and peaceful nation.