Fitch Solutions: Bongbong Marcos win not guaranteed amid tax case, Leni Robredo momentum

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Fitch Solutions: Bongbong Marcos win not guaranteed amid tax case, Leni Robredo momentum
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MANILA, Philippines—The victory of survey frontrunner and dictator’s son Ferdinand “Bongbong” Marcos Jr. was still not guaranteed while past tax conviction cases would weigh on his potential

This also poses “modest uncertainty” in the May 9 elections amid divisions within the ruling political party of President Rodrigo Duterte, who has yet to endorse any candidate.

“Robredo appears to be gaining political momentum based on anecdotal evidence as Marcos has repeatedly missed national presidential debates and interviews by media platforms,” Fitch Solutions said in a report dated March 24. “Furthermore, Eastern Samar Governor Ben Evardone, a close ally of Duterte and his party’s vice president, announced he would back Robredo instead of Marcos, and did not sign the party resolution endorsing Marcos,” Fitch Solutions said.

“Among the major candidates, Marcos’ policy stance is the most similar to outgoing President Rodrigo Duterte and Robredo offers the greatest contrast, but all of them will provide some broad degree of policy continuity,” Fitch Solutions said.

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