Current Duterte Administration enjoys very high (70%) popularity.
The economic and foreign policy team and rest of cabinet ensure a certain level of political stability relative to past administrations.
Foreign companies are limited to 40% ownership, however, gain larger shareholding through layering. Talks of increasing Foreign ownership to 70%.
Strong media that counterbalances government opinion and ensures a decent level of democratic balance in the political field.
Balanced leanings with both the US and the Left.
Foreign policy favors economic ties with Russia and China in spite of ownership issues of the South China sea border. Brings more economic benefits, thus spurring more growth.
Promoting a PPP (Public-Private Partnership) Program to speed up economic growth
Partial to technology particularly in those that would bring technology such as internet to the masses.
Strong social agenda to develop and support the underprivileged and inclusion of the poor to economic development.
Population (M) : 110 M
Households (M) : 19 M
GDP per Capita (2010E) : USD 3,500
GDP growth (2012E) : 5-6%
Urbanization : 65%
Adult Literacy : 86%
Inflation 2011 : 3.7%
FOREX Assumptions : P 48 = US$ 1
Remittances from OFWs p.a.: USD 28