In brief, the national ID system supports our financial inclusion objective. With the three prerequisites for strong recovery having met, the Philippines is poised for a solid rebound. Having said this, allow me to put proper context to the Philippines’ economic performance in the first half. Like many economies across the globe, the Philippines contracted in the first semester.
To sum up, I question the benefits of changing course, not because I am satisfied with the current situation, but because the alternatives available are worse. They mean placing shortterm expediency over long-term sustainability – which, for me, is the opposite of responsible policy-making.