The Foundation for Economic Freedom (FEF) congratulates President-elect Rodrigo Duterte for his unmistakable mandate to lead the Philippines for the next six years. FEF supports Duterte's proposed reforms to remove foreign ownership restrictions, improve competition, investment climate, peace and order, reduce bureaucratic red tape, reform the tax system, and improve infrastructure. FEF also supports Duterte's program to make growth inclusive by focusing on education, rural development, and basic services for the poor, and urges him to end labor contractualization only in the context of total labor market reform.

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Foundation for Economic Freedom, Inc.
BOARD OF ADVISERS:
Gerardo Sicat
Cesar A. Virata
BOARD OF TRUSTEES:
Roberto De Ocampo
Chairman
Romeo Bernardo
Vice-Chairman
Calixto Chikiamco
President
Ernest Leung
Treasurer
Atty. Ricardo Balatbat III
Corporate Secretary
Anthony Abad
Art Corpuz
Eduardo Gana
Felipe Medalla
Vaughn Montes
Simon Paterno
Perry Pe
Gloria Tan-Climaco
Atty. Ricardo Balatbat III
Executive Director
FEF CONGRATULATES PRESIDENT-ELECT RODRIGO DUTERTE
We, the Foundation for Economic Freedom (FEF), congratulate President-elect Rodrigo
Duterte for getting an unmistakable mandate to lead our nation for the next six (6) years.
We look forward to the reforms that he has promised to undertake, particularly in
removing the foreign ownership restrictions in the Constitution, and improving
competition in key sectors of the economy.
We support his proposed measures that will improve the investment climate in the
country, by improving peace and order, cutting bureaucratic red tape, reforming the tax
system, and vastly improving infrastructure.
We also support his program to make growth inclusive by focusing on education, rural
development, and delivery of basic services to the poor.
We urge him to end labor contractualization only within the context of total labor
market reform and the modernization of the labor code to provide more jobs and secure
better employment for our people based on a strong and growing economy.
Finally, we applaud his reaching out to his political rivals. National unity is vital in
solving our problems of widespread poverty, national security, and peace and order.
Release Date: May 12, 2016
For more information, please check our website: www.fef.org.ph, or contact the following:
Ranna Pintor, Senior Program Officer – rannapintor@yahoo.com /+63 2 453 2375
Angela Arnante, Program Officer – aarnante.fef@gmail.com/ +63 2 453 2375
Mabel Almenteros, Communications Officer – mialmenteros@fef.org.ph / +63 2 453 2375