Gov’t needs to act fast, say business leaders

ROUNDTABLE TALKS. Senate President Franklin Drilon and House Speaker Feliciano Belmonte Jr sit with members of the business community to further inclusive growth in the country. Photo taken from the Wallace Business Forum Facebook page

The business community expressed concern that the country’s fast economic growth has not made a dent on unemployment. During the Wallace Business Forum (WBF) Second Quarterly Roundtable, top business executives acknowledged the improvement in the economy but said gains are not trickling down as fast as needed. “If the government wants to promote inclusive growth, then it must focus on improving the ease of doing business as it is businesses that provide employment,” added Wallace. WBF managing director and former finance chief Gary Teves said economic growth will not be inclusive if investments do not come in.

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