BusinessWorld E-paper
July 14, 2023
PRESIDENT Ferdinand R. Marcos, Jr. on Thursday gave strong indications that his administration would pursue more liberal economic reforms, saying the Philippines’ “wealth” should be defined by the amount of trade it pursued.
“We cannot continue to hide behind protectionist laws and protectionist policies,” he said at the launch of the green lanes for strategic investments, based on a transcript from the presidential palace. “No country ever got wealthy by following a protectionist policy.”
