PH policy continuity seen after mid-term elections

With the President-backed bloc securing a midterm poll victory over the Duterte-aligned camp, Moody’s Analytics said the outcome could help ensure smoother continuity of the administration’s economic and governance policies.

- BY DERCO ROSAL II

"In the Philippines, President Ferdinand Marcos Jr.'s administration appears to have secured a narrow yet strategically important victory over a bloc aligned with the Duterte family in the May 12 midterm election," Moody's Analytics said in a report published on Monday, May 19.

According to Moody's Analytics, "this outcome would support policy continuity around matters of economics and governance."

The Marcos administration's Senate slate secured six out of 12 available seats in this year's elections. While this shows continued support, it fell short of pre-election ex-pectations of up to eight seats. Meanwhile, candidates backed by the Duterte camp won four seats.