INVESTMENT company Manulife Management Investment Philippines said that there needs to be clarity on the new government's economic platform as this will support solid recovery from the pandemic and ease fears of an explosion in the country's fiscal balances.

According to Manulife Philippines head of equities Mark Canizares, in anticipation of the forthcoming transition to the new administration, Philippine market investors are watching the unfolding of the composition of the Cabinet members and top economic officials that will drive new economic priorities.