On PBBM’s first 100 days

SPEAKER Martin G. Romualdez on Thursday said President Ferdinand “Bongbong” Marcos Jr. did a “great job” as the country’s Chief Executive in his first 100 days in office, setting the pace of leadership that will usher the country into economic recovery.

In particular, Romualdez said President Marcos Jr. did a good job of crafting a national budget that is responsive to the country’s needs and ensuring a functioning government to ensure the implementation of policies he laid down in his eight-point economic agenda.

“I think the President has done great things in the government, particularly in his Cabinet. And his policies are very clear. On the part of the House of Representatives, we affirmed his fiscal framework (as contained in the proposed 2023 national budget) along with the Senate,” Romualdez said in a chance interview with reporters.

“We passed his budget on third reading so we’re well on our way. That’s the most important piece of legislation. That’s the national budget for 2023, so my assessment is that he’s done a great job,” Romualdez added.

The House of Representatives, under the leadership of Speaker Romualdez, passed in record time the P5.268 trillion proposed national budget for next year last week.

The proposed government spending program mirrors the needs of the country struggling to bounce back from the ill effects of the pandemic.

Romualdez also praised President Marcos Jr.’s recent state visits to Indonesia, Singapore and the US, saying the trips netted billions of dollars in much-needed foreign investments to the country.

“He has also done a wonderful job in engaging our friends in the international community whereby foreign direct investments would be coming,” he declared.

“And in fact, his recent trips from Indonesia, Singapore and the United States – among our top trading partners, Singapore being the number one source of foreign direct investments we have seen so much enthusiasm and they welcome his presidency and his administration,” Romualdez said.

The President was able to get investment pledges amounting to $14.36 billion from his trips to Indonesia and Singapore, and over $4 billion in his state visit to the US.

“So we’re looking for a swift recovery despite all of the pressures and the global economic (downturn), so we’re very excited for his administration,” Romualdez said.

“And on the part of the House, we support him wholeheartedly and we wish him Godspeed and congratulations to his first 100 days,” Romualdez said.

Speaker Romualdez: PBBM has done very well Romualdez on Thursday said President Marcos Jr. has done “very well” in engaging the international business community, and this was evident in the latter’s most recent trip to Singapore.

“I think he’s done very well. They now know our friends in the region know that the Philippines is open for business and that the Marcos administration, his administration is ushering in a whole new environment for business and investments and that would augur well for the economy, especially during these times,” Romualdez said in a chance interview with reporters Thursday.

Marcos flew to Singapore last Saturday on the invitation of Singaporean Prime Minister Lee Hsien Loong. The Filipino leader was invited to watch the F1 Grand Prix.

“There was an official invitation by the Prime Minister of Singapore,” the Speaker said of his presence there after he was asked by a reporter.

“There’s been a lot of goodwill. When the Prime Minister of the country where you derive the most foreign direct investments are mixed…in the invitation,” he said.

“I think it’s always a good idea to honor that invitation and to engage further not just Singapore, but the countries in the region not only the governments, but of course the business communities in the region,” Romualdez added.

SPEAKER Martin G. Romualdez on Thursday said President Ferdinand “Bongbong” Marcos Jr. has done “very well” in engaging the international business community, and this was evident in the latter’s most recent trip to Singapore.

“I think he’s done very well. They now know our friends in the region know that the Philippines is open for business and that the Marcos administration, his administration is ushering in a whole new environment for business and investments and that would augur well for the economy, especially during these times,” Romualdez said in a chance interview with reporters Thursday.

Marcos flew to Singapore last Saturday on the invitation of Singaporean Prime Minister Lee Hsien Loong. The Filipino leader was invited to watch the F1 Grand Prix.

“There was an official invitation by the Prime Minister of Singapore,” the Speaker said of his presence there after he was asked by a reporter.

“There’s been a lot of goodwill. When the Prime Minister of the country where you derive the most foreign direct investments are mixed…in the invitation,” he said.

“I think it’s always a good idea to honor that invitation and to engage further not just Singapore, but the countries in the region not only the governments, but of course the business communities in the region,” Romualdez added.