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Duterte to leave presidency with good PH economy: Palace

(File photo) MANILA - President Rodrigo Roa Duterte's successor need not worry about the current state of the Philippine economy, Malacanang said Thursday. In an online Palace press briefing, acting presidential spokesperson and Communications Secretary Martin Andanar said the country's economy is in "good" standing before Duterte steps down from office on June 30. As Andanar noted, the country's gross domestic product (GDP) grew by 8.3 percent in the first quarter of 2022. Andanar also said the foreign direct investments in February 2022 rose by 46.3 percent year-on-year to USD893 million net inflows from USD611 million in the same month in 2021. He likewise cited the preliminary data from the Philippine Statistics Authority which showed that manufacturing grew by 336.3 percent in March 2022. "Isang magandang ekonomiya. Makikita sa tatlong good news na ito na maayos na ekonomiya at isang napakagandang Duterte legacy na ipapamana ng Pangulong Duterte sa susun

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