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Duterte has expressed his desire to build on the stellar accomplishments of the administration of outgoing president Benigno Aquino III, particularly the latter’s good governance initiatives and critical structural reforms that transformed the Philippines from being “the sick man of Asia” into “Asia’s rising tiger.” Of his ten-point socioeconomic agenda revealed on Monday, June 20, for example, his first point was to continue and maintain current macroeconomic policies, including fiscal, monetary and trade policies.
However, he intends to depart from Aquino’s legacy of instituting slow but steady macroeconomic reform by advancing an economic agenda which seeks to upgrade, accelerate as well as expand the government’s basic services that shall render the country
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