DESPITE HIGH prices of basic commodities and fuel, President Ferdinand Marcos Jr said the country is now leading the economic recovery and performance not only in the Asia-Pacific but in the whole world following his successful participation in the World Economic Forum (WEF) in Davos, Switzerland.
“Our WEF
engagement has enabled the many leaders and experts in government, in business,
civil organization and in the academe that were in attendance to receive the
good news that the Philippines is leading economic recovery and performance not
only in the Asia-Pacific but also in the whole world,” Marcos said.
“That the
Philippines is not only driving economic growth; we are also helping mend the
fissures that have fragmented the world of late and doing our part to avert an
economic crisis,” he added.
Marcos said the
Philippine delegation was able to share “our insight and experience in being a
resilient hardworking people – uniting in adversity and looking out for each
other in crisis.”
He thanked his
economic team, composed of Finance Secretary Benjamin Diokno, Trade and
Industry Secretary Alfredo Pascual and Socioeconomic Planning Secretary Arsenio
Balisacan, and also lauded House Speaker Martin Romualdez for joining him in
high-level dialogues at the WEF.
In his visit to
Davos, Marcos trumpeted his administration’s policies, including the Philippine
Development Plan, the 8-Point Socioeconomic Agenda, and “various other policies
and legislations that spotlight the economic reforms of the Philippines that
have led to our sustained growth.”
“I took the
opportunity as well to consult with our friends and partners in Davos on the
sovereign wealth fund as a means for us to diversify our income sources, and to
generate various welfare effects to the Filipino people, while recognizing that
this is a collaborative work with experts and our lawmakers so that its final
form is what we intend it to be,” Marcos said. (Mindanao Examiner)
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