Senior House officials credit Duterte for leap in Ease of Doing Business ranking

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Senior officials of the House of Representatives on Thursday credited President Rodrigo Duterte for the country’s inclusion as among the top 50 percent nations in the world that are conducive for business investments.

House Majority Leader Martin Romualdez and Rep. Joey Sarte Salceda issued separate statements on the World Bank ease of doing business survey that saw Philippines jumping from the lowest 35 percent to the top 50 percent of countries with better investment climate.

“Our country’s great leap in the World Bank ease of doing business survey is a big boost to our quest for more foreign and domestic investments. This signifies the business community’s confidence on the structural reforms being implemented by the Duterte administration to propel our economy to greater heights,” said Romualdez.

“The Philippine government is committed to harnessing a dynamic private sector through enabling public institutions,” noted Salceda, also vice chairman of the House Committee on Appropriations.

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