MANILA – The economic team headed by Finance Secretary Benjamin Diokno has begun the US-Canada non-deal roadshow (NDR) to drum up investment interest in the country’s priority sectors and brief international businesses and financial communities on the latest developments in the Philippines’ economic performance.
In a statement on Tuesday, the Department of Finance (DOF) said the roadshow aims to promote investment opportunities, particularly infrastructure and green energy.
Diokno, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr., National Economic and Development Authority Secretary Arsenio Balisacan, Department of Budget and Management Secretary Amenah Pangandaman, and Treasurer of the Philippines Rosalia de Leon will also lead in-depth discussions on the country’s overall growth outlook, the Maharlika Investment Fund, and the Marcos administration’s development plan.
They will host a Philippine Economic Briefing at the Fairmont Royal York in Toronto, Canada on July 13 (Eastern Daylight Time).
Economic managers are expecting the Philippine economy to expand by 6 percent to 7 percent in 2023 after it accelerated by 6.4 percent in the first quarter of the year.
The roadshow kicked off with a series of meetings with American asset management firms and fixed-income investors at the Citi headquarters in New York City on July 10.
The NDR is jointly organized by the BSP-Investor Relations Group, DOF, BofA Securities, Canada-ASEAN Business Council, Global Affairs Canada, Citi, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Philippine Embassy in Canada, Standard Chartered Bank, Sun Life, and UBS. (PNA)
