House Appropriations Committee Chair Davao City Representative Karlo Nograles believes that the Philippines is bound to receive even bigger econo-mic deals after President Rodrigo Duterte was dubbed the most trusted Philippine president in the last 20 years by an inde-pendent pollster.
Nograles was referring to the results of a September 2017 survey by Pulse Asia wherein the populist Chief Executive garnered an 80 percent trust and approval rating.
“Investor confidence in the Philippines just went through the roof. And with the ASEAN Summit right around the corner, we can expect the country to receive a tidal wave of foreign investments and financial packages that otherwise won’t be offered to us with a different pre-sident,” reckoned Nograles.
Based on the results of the third quarter survey, the 72-year-old Duterte com-mands more trust and satisfaction among Filipinos compared to his predeces-sors Joseph Estrada, Gloria Macapagal-Arroyo and Benigno Aquino III.
“That’s nearly two decades worth of leader-ship, Now that’s what you call pogi points,” Nograles pointed out. “
“Duterte’s lofty ratings equate to an image of him not being a corrupt leader. And If there’s one big worry among foreign investors and loaning institutions, it’s the possibi-lity that the money they fork out would get wasted due to corruption. They need not fear this under the current administration,” Nograles added.
Nograles credited Du-terte’s stratospheric trust and approval ratings to his no-nonsense anti-illegal drug and anti-corruption campaigns, the likes of which have never been seen before in the Philip-pine setting.
“It’s the President’s sincerity and resolve to solve these longstanding ills that have truly resonated with the Filipinos. They feel that Duterte is the best man for job and it continues to be reflected in the survey,” he said.
Countries such as China and Japan have already taken notice. China, which Duterte has visited twice in his young term, has pledged $24 billion in loans and grants, mostly for infrastructure projects under the flagship Build, Build, Build program.
In his working visit to Japan late last month, Duterte inked business deals amounting to $6 billion from some 18 companies.
More huge agree-ments are bound to happen, what with the Philippines hosting the 31st ASEAN Summit and related meet-ings next week. Duterte, as the current ASEAN chair-man, has put the country’s best foot forward.
According to Pulse Asia, Duterte is the most trusted president upon assuming office after recording a maiden trust rating of 91 percent in July 2016.
He is the also the only Philippine president in the last 20 years to break the 80 percent barrier as far as approval ratings are concerned. He garnered 86 percent in that department in September 2016.