Rosy future
WITH the right policies and implementation of President Ferdinand Marcos Jr.’s agenda for prosperity roadmap, the country can sustain economic growth.
This is according to Speaker Ferdinand Martin Romualdez as he expressed elation over the report of the Philippine Statistics Authority that gross domestic product (GDP) in the fourth quarter grew by 7.2 percent, resulting in a full-year 7.6-percent growth in 2022.
Romualdez said the country could remain on the high economic growth path and could even improve its 7.6-percent full-year expansion last year.
“With the right policies that will continue to implement President Marcos’ Agenda for Prosperity roadmap, and with the existing close cooperation between the executive and legislative branches, we can build on our stellar economic performance,” Romualdez said.
The growth rate exceeded the government’s target of 6.5 percent to 7.5 percent.
Romualdez said the nation’s economic showing means that the Marcos administration’s prosperity roadmap is on the right track.
“Under the able leadership of the President, the nation’s GDP has been above 7 percent for the first six months of his term. His decision to reopen the economy despite the pandemic boosted growth,” he said.
He called on Congress to continue supporting the Agenda for Prosperity with the needed legislation, including the Maharlika Investment Fund bill and measures to speed up the country’s digital transformation.
“The enactment of these proposed pieces of legislation will further enhance our economic performance,” he stressed.
