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Press Release
PHILIPPINE ECONOMIC MANAGERS CONDUCT FIRST-EVER ECONOMIC BRIEFING IN CANADA
2023-07-13
The economic managers answering questions during the PEB panel discussion on the economic outlook and investment opportunities in the Philippines.
13 July 2023, Toronto – The Philippines’ top economic officials conducted the first-ever Philippine Economic Briefing (PEB) in Canada at the Fairmont Royal York Hotel in Toronto. Speakers during the PEB included Finance Secretary Benjamin E. Diokno, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Department of Budget and Management Secretary Amenah F. Pangandaman and National Economic and Development Authority Secretary Arsenio M. Balisacan.
The economic officials discussed the Philippine government’s spending priorities, fiscal, and infrastructure programs, as well as recent reforms that further open the Philippine economy to 100 percent foreign ownership of public services and renewable energy. A group of panelists representing the private sector reacted to the economic officials’ presentations and shared their experiences on doing business in the Philippines.
Around 80 senior business leaders and investors attended the briefing. Following the briefing, the economic officials will participate in round-table discussions with banks and other financial institutions on investment opportunities in the Philippines. END.
The panel discussion on private sector views on the Philippine Economic Development Agenda and investment climate.
Around 80 senior business leaders and investors attended the PEB held at the Fairmont Royal York Hotel in Toronto