{"id":56555,"date":"2015-07-21T19:03:57","date_gmt":"2015-07-21T11:03:57","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=56555"},"modified":"2015-07-21T19:03:57","modified_gmt":"2015-07-21T11:03:57","slug":"roxas-poe-will-be-good-for-economy-intl-group","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/07\/21\/roxas-poe-will-be-good-for-economy-intl-group\/","title":{"rendered":"Roxas, Poe will be good for economy — Int’l group"},"content":{"rendered":"
\"DILG<\/a>
DILG Secretary and Liberal Party frontrunner for 2016 Mar Roxas (Photo from Roxas’ official Facebook page)<\/figcaption><\/figure>\n

MANILA — Senator Grace Poe or Interior Secretary Mar Roxas becoming President in 2016 would be good for the country’s economy, according \u00a0to the Institute of International Finance (IIF).<\/p>\n

The Washington-based group said that Vice President Jejomar Binay for president may undermine the reforms started by the Aquino administration.<\/p>\n

\u201cThe upcoming presidential election will likely provide a short-term economic boost through government spending and investment, but maintaining policy continuity will be a challenge,\u201d IIF said.<\/p>\n

The institute made the statement in a report released last month entitled “IIF Dispatch: Philippines Update.”<\/p>\n

The group said that the elections next year could “prove challenging” to the economy of the Philippines and its transformation in the recent years.<\/p>\n

\u201cThe typical pre-election infrastructure investment surge would favor Interior and Local Government Secretary Manuel Roxas (President Aquino\u2019s running mate in 2010), but it seems likely that investors will stay on the sideline and wait to see how the new administration shapes up,\u201d it added.<\/p>\n

\u201cSen. Grace Poe, an independent with ties to Mr. Aquino\u2019s Team PNoy, has also recently emerged as a potential contender.\u201d<\/p>\n

However, \u201c[i]f the more populist Vice President Jejomar Binay wins, he could undermine the government\u2019s PPP strategy if\/when he takes office,\u201d IIF said.<\/p>\n

The group was referring to the public partnership program which is the centerpiece of the \u00a0Aquino administration.<\/p>\n

\u201cWhile a victory for Poe or Roxas would favor continuation of the current administration\u2019s agenda and would be market positive, it is too early to tell how the market would react if Binay wins,\u201d IIF said.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — Senator Grace Poe or Interior Secretary Mar Roxas becoming President in 2016 would be good for the country’s …<\/p>\n","protected":false},"author":44,"featured_media":22458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[],"class_list":["post-56555","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/56555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=56555"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/56555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/22458"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=56555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=56555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=56555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}