No. of :

No. of Shares:

Currently viewed by: Marcus Rosit

PH economic team to visit MIddle East, Dubai

Following the successful run of the Philippine Economic Briefings (PEB) in Europe, Washington, D.C., Singapore, Japan, and Canada this year, the country’s economic team will run a non-deal roadshow and briefings to encourage investors in the Middle East to do business in the Philippines. 

The Philippine Dialogue is scheduled in Doha, Qatar on September 10, 2023, while the PEB will happen in Dubai, UAE on September 12, 2023.

For both programs, Department of Finance (DOF) Secretary Benjamin E. Diokno will deliver the keynote address, followed by Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman who will present the priority expenditures, especially on addressing climate change, ensuring sustainability, and maintaining infrastructure spending at 5 to 6 percent of GDP over the medium term. 

Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. will discuss the performance and outlook of the monetary, external, and financial sectors, while National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan will cover infrastructure investment and development.

The presentations will be followed by a panel discussion on the Philippine economic outlook and investment opportunities to be moderated by DBM Undersecretary Margaux Salcedo and HSBC Head of Communications in Middle East, North Africa, and Turkey Nick Edwards. 

The Economic Team will likewise engage in small group meetings with various banks, financial institutions, and other prospective investors from both countries. 

The event is co-organized by the BSP, DOF, the Philippine Embassy in Doha and Abu Dhabi, the Philippine Consulate General in Dubai, the Philippine Trade and Investment Center Dubai, Dubai Islamic Bank, Citi, Deutsche Bank, Goldman Sachs, HSBC, MUFG, Standard Chartered Bank, and other partners.  (DBM)/PIA-Caraga)

About the Author

Renelle Escuadro

Assistant Regional Head

CARAGA

"Writing is like driving at night in the fog. You can only see as far as your headlights, but you can make the whole trip that way." - E.L. Doctorow

Feedback / Comment

Get in touch