NEDA downplays political noise

Despite controversies rocking the political landscape, investors will remain upbeat about the Philippine economy as long as the government sustains key policies and remains focused on attaining growth targets, according to the National Economic and Development Authority.

- By ALEXIS ROMERO

NEDA Secretary Arsenio Balisacan cited the country's experience in the 1990s, which saw continued economic progress despite political noise as policies and directions were sustained.

"What's so important for the business community is the sustainability of our economic agenda..." So long as the government stays on course, it stays within its development and economic priorities and programs, there are no deviations from these programs, the business community will continue to maintain their confidence in the economy,” yesterday at Malacañang.

“The impact of noises such as what we have now, if there is anything, (will) be quite minimal in the last 12 or so years, we’ll bear on that,” he said.