• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Land Bank of the Philippines-Risk Management Group Presentation
 

Land Bank of the Philippines-Risk Management Group Presentation

on

  • 697 views

 

Statistics

Views

Total Views
697
Views on SlideShare
696
Embed Views
1

Actions

Likes
0
Downloads
12
Comments
0

1 Embed 1

https://twitter.com 1

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Land Bank of the Philippines-Risk Management Group Presentation Land Bank of the Philippines-Risk Management Group Presentation Presentation Transcript

    • 2013 PhilippineEconomic Outlook R. Carlo AsuncionLand Bank of the Philippines Risk Management Group 21 February 2013
    • Introduction• 2012 was a banner year for the Philippine economy.• 6.6% GDP growth for 2012• 2nd to China (7.8%) in terms of economic growth• One of the best performing stock markets in Asia
    • Where Is The Confidence Coming From?
    • Sound Macroeconomic Fundamentals
    • Daang Matuwind? Investment Grade?
    • Prudent Monetary Policy
    • Strong External Position
    • Sound Financial Sector
    • 2013?
    • Regional GDP, % Share in National GDP
    • Growth Constraints Needed To Be Addressed1. Accelerate infrastructure development (PPP)2. Provide adequate and efficient power supply3. Enhance administrative efficiency (Tuwid Na Daan)
    • Agriculture Is Priority Sector
    • Growth Drivers• Agriculture is key.• Public-Private Partnerships (PPP) will be crucial.• Tourism is a growth hub. Quick win if targets are achieved.• Industry development (versus China and other ASEAN)• Governance and beyond 2016!
    • Some Risks1. Downside Risks – Weak global economic prospects – Sustained stability of the PHP against the USD – Political reform beyond 20162. Upside Risks – Possibility of Investment Grade this 2013 – Favourable view of the Philippines
    • Thank You!Reference:“Good Governance is Good Economics: AchievingInvestment Grade,” Philippine Economic Briefing, BSP-Investors’ Relations Office, 12 February 2013.