Marcos reforms, swift anti- corruption drive boost investor confidence - Go

Special Assistant to the President for Investment and Economic Affairs Frederick Go said President Marcos' decisive anti-corruption initiatives and ongoing governance reforms have strengthened investor confidence, turning a short-term challenge into an opportunity for long-term growth.

- ARGYLL CYRUS GEDUCOS

Go said the President's "swift and serious" response to corruption issues-including the creation of the Independent Commission for Infrastructure (ICI)-has reassured both local and foreign investors of the government's determination to fix longstanding systemic problems.

"The swiftness and decisiveness of the President shows the resolve of the government to clean up corruption, which is good for the economy and builds confidence," he said in a press briefing on Thursday, Oct. 9.

He said the reforms will lead to "more efficient spending" and the reallocation of funds to high-impact programs that generate jobs and economic growth.