Survey Says That Filipinos Believe Private Sector Pushes Growth

In a survey conducted by Pulse Asia Research Inc, nine out of ten Filipinos believe that the private sector plays an important role in speeding up economic growth and that the government and the private sector should collaborate to maintain the recovery of the country.

The survey was conducted from September 17 – 21, 2022, and was commissioned by Stratbase Consultancy Inc.

“The sentiments of the people as reflected in this latest survey is a strong impetus for the administration of President Marcos Jr. to strengthen developmental engagements and further empower the private sector to drive economic growth and strengthen competitiveness,”  said Victor Andres C. Manhit, Stratbase Group founder and CEO.

“A sustained, committed partnership between the government and the private sector will be a game-changer in our recovery and realize inclusive prosperity for our people,”  adds Manhit.

The survey reported that an estimated 46% of respondents nationwide “strongly agree”  while 41% “somewhat agree” that the private sector would be important in speeding up economic growth.

Manhit states that “We have always been pushing for a heightened, constructive and sustained engagement between the government and private sector because of their complementary roles, strengths, resources, and forward-looking perspectives,”

This survey was done before the 100th-day mark of President Ferdinand R. Marcos Jr. took office.

The survey had over 1,200 respondents and used face-to-face interviews to gather data. The survey was also able to gather that respondent who believes that the private sector could also help uplift the economy in several ways such as by providing jobs and uplifting poverty.

“What is even more instructive here is that there was a significant increase in how respondents, notably nationwide and in the National Capital Region, perceive the importance of addressing unemployment and poverty,” says Manhit.

Source: Business Mirror