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Juwai IQI Global chief economist Shan Saeed (File photo) MANILA - An economist of Juwai IQI Global has seen the country's 8.3-percent gross domestic product (GDP) growth in the first quarter of the year as a good launch pad for the next administration to pursue its economic agenda. The chief economist of the Kuala Lumpur-based Juwai IQI Global, Shan Saeed, told the Philippine News Agency (PNA) that the strong GDP growth from January to March this year would keep market confidence afloat despite a transition in administration. "This would bolster the confidence of the government to expand the fiscal side of the balance sheet to maintain economic momentum in the country. Government strategic intent would be for the next 12 to 17 months to have macroeconomic stability to attract FDI (foreign direct investments) and buttress the GDP outlook," he said. Saeed added that the presumptive president is expected to continue the economic reforms of the Duterte administration. "W

Rodrigo duterteBangko sentralShan saeedPhilippine news agencyPublic serviceKuala lumpur based juwaiRetail trade liberalization actForeign investments actPresident duterteJuwai iqi global chief economist shan saeed file photo manila an of has seen the country 39s 8 3 percent gross domestic product gdp growth in first quarter year asa good launch pad for next administration to pursue its economic agenda kuala lumpur basedKhan saeedOld the philippine news agency pna that strong gdp growth from january to march this year would keep market confidence afloat despitea transition in administration quot bolster of government expand fiscal side balance sheet maintain economic momentum country strategic intent be for next 12 17 months have macroeconomic stability attract fdi foreign direct investments and buttress outlookUot he said saeed added that the presumptive president is expected to continue economic reforms of duterte administration quot we at iqi global expect government maintain macroeconomic stability and have confidence for local investorsUot he said president rodrigo duterteHose term ends in juneAs enacted into law three major economic reforms the retail trade liberalization act