President Rodrigo Duterte’s continued popularity could boost his fiscal reform agenda, Japan’s Nomura Securities Ltd. said, especially if his allies end up winning seats in Congress next month.
In a commentary on Thursday, Nomura economist Euben Paracuelles noted that Duterte’s +66% net satisfaction rating based on the latest Social Weather Stations (SWS) survey was the highest since he took office in 2016.
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