Malacañang yesterday welcomed the latest US News and World Report ranking the Philippines as the 50th best country in the world.
Presidential spokesperson Salvador Panelo said that the government is doing everything it can to boost the country in the international scene even further.
“The Duterte administration continuously breaks ground to nurture the country’s business climate and drive investor confidence to a higher level by cleansing the government of corrupt officials, streamlining the delivery of frontline services, among others,” he said.
“Tourism, which is one of our major economic drivers, is likewise a priority with focus now given on environmental sustainability,” he added.
He also expressed confidence that the Philippines can climb further up in the rankings. “We are therefore confident that we would continue to improve our ranking as we remain committed to institute reforms for the betterment of the Philippines that we all love,” the Palace official said.
The metrics measured in the survey among 21,000 global citizens include adventure, citizenship, cultural influence, entrepreneurship, heritage, movers, open for business, power, and quality of life. The Philippines ranked 22nd in adventure, 26th in open for business, and 37th in quality of life.
According to Panelo, this underscores that the Philippines is an emerging market for business, investments, and tourism. (Argyll Geducos)