Dominguez prefers

The banking giant pointed out that both of these measures could

- - - - pines lagging its regional peers

such as transport, telecom, media is restricted to 30 percent to 40

a boost thanks to proposals for a big pick- up in infrastructure spending, noting that the an- nouncement of a 3 percent budget deficit this year is both

spending is focused on necessary infrastructure products, fiscal impulse to the economy,

The lender stressed that addressing the infrastructure shortage reliable access to power, will be

- last few years public spending has consistently been below target

- tant for Mr Duterte to present a credible strategy to ensure that funds are spent efficient