{"id":237628,"date":"2019-11-17T02:18:15","date_gmt":"2019-11-17T07:18:15","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=237628"},"modified":"2019-11-17T02:18:15","modified_gmt":"2019-11-17T07:18:15","slug":"robredo-as-dutertes-successor-wishful-thinking","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/11\/17\/robredo-as-dutertes-successor-wishful-thinking\/","title":{"rendered":"Robredo as Duterte’s successor \u2018wishful thinking\u2019"},"content":{"rendered":"
\"\"<\/a>
FILE: Sa unang pagkakataon, pinangunahan ni VP Leni ang pagpupulong ng Inter-Agency Committee on Anti-Illegal Drugs (ICAD), kung saan ipinrisenta ng iba’t ibang mga ahensyang kasali dito ang kanilang kontribusyon at plano sa laban kontra droga. (Photo<\/a>: VP Leni Robredo\/Facebook<\/a>)<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0— Malaca\u00f1ang on Sunday brushed aside the claim of London-based think tank that more foreign investors may be lured into the Philippines in the event that Vice President Maria Leonor \u201cLeni\u201d Robredo replaces President Rodrigo Duterte due to his health issues.<\/p>\n

Presidential Spokesperson Salvador Panelo said Robredo taking over as the country\u2019s president was just a \u201cwishful thinking”.<\/p>\n

\u201cUnang-una, ‘yun ay<\/em>\u00a0wishful thinking (First and foremost, that\u2019s a wishful thinking),\u201d Panelo said in an interview with dzIQ, when sought to react to think tank Capital Economics statement that foreign investors would welcome the idea of Robredo replacing Duterte.<\/p>\n

\u201cPinakikialaman na naman nila ‘yung soberentiya at ‘yung tinig ng taumbayan na nag-halal sa kanya<\/em>\u00a0overwhelmingly.\u00a0Masyado silang nakikialam sa pamamalakad ng ating pamahalaan (<\/em>They are once again interfering in our sovereignty and to our countrymen who overwhelmingly voted for him. They are meddling in our government\u2019s policy),\u201d he added.<\/p>\n

Section 8 of the 1987 Constitution states that, \u201cin case of death, permanent disability, removal from office, or resignation of the President, the Vice-President shall become the President to serve the unexpired term.\u201d<\/p>\n

In a report titled \u201cDuterte health worries, Sri Lanka election\u201d and published on November 15, Capital Economics senior Asia economist Gareth Leather claimed that there was a downtrend in foreign investments since Duterte assumed presidency in 2016.<\/p>\n

Leather said while Robredo has scant knowledge about economic policies, \u201ca change in president would probably be welcomed by investors.\u201d<\/p>\n

Leather also noted Robredo\u2019s \u201cfierce opposition to Duterte\u2019s authoritarian tendencies, including his willingness to undermine political institutions, his attacks on political opponents, as well as the controversial war on drugs\u201d could entice foreign firms to invest in the Philippines.<\/p>\n

Panelo debunked the think tank\u2019s claim, saying that the Philippines has \u201cgood\u201d foreign investments.<\/p>\n

\u201cAng alin,<\/em>\u00a0foreign investment?\u00a0Eh maling-mali siya doon.<\/em>\u00a0Definitely,\u00a0di ba sinasabi nga ng mga<\/em>\u00a0economic managers\u00a0na ang ganda ng<\/em>\u00a0investment\u00a0natin, lalung-lalo na sa<\/em>\u00a0foreign (About foreign investment? He\u2019s wrong with his claim. Our economic managers are definitely saying that we have good investments, most especially in foreign investments),\u201d he said.<\/p>\n

\u201c\u2018Yun ang sinasabi natin kay<\/em>\u00a0VP Leni\u00a0na maging maingat ka sa pag-tanggap ng mga payo sa\u2019yo ng inaakala mo na makakatulong ay baka sa halip na makatulong ay makasira<\/em>\u00a0(That\u2019s why we are telling VP Leni to be careful with accepting a piece of advice from others, which you think can help you but truth is, would just destroy her),\u201d Panelo added.<\/p>\n

Data from the Bangko Sentral ng Pilipinas showed that foreign direct investments registered a net inflow of USD543 million in July 2019.<\/p>\n

For the first seven months of 2019, long-term equity net inflows totaled USD4.1 billion.\u00a0<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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