PRESIDENT Rodrigo Duterte would like to see an improvement in the country’s competitiveness ranking in 2018, incoming Presidential Spokesman Harry Roque said Thursday. He made the statement after the Philippines ranked 56th out of 137 economies worldwide in the latest World Economic Forum Global Competitiveness Report, basically holding steady compared with its No. While the administration didn’t have any targets, the President “would want to see an improvement in the rankings,” Roque said. Earlier, the Senate leadership planned to hold sessions from Nov. 13 to 17 to approve the priority measures such as the tax reform bill and the 2018 national budget. The tax reform bill is pending on second-reading approval, while the plenary deliberations on the 2018 budget were suspended when the Senate went on a break on Oct. 13.

Source: The Standard November 02, 2017 14:48 UTC