Marcos admin focuses on infra for economic growth

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Marcos admin focuses on infra for economic growth
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Finance Secretary Benjamin Diokno shared with the American Chamber of Commerce of the Philippines (AmCham) the Marcos Jr. administration’s infrastructure development agenda through the National Eco…

Finance Secretary Benjamin Diokno shared with the American Chamber of Commerce of the Philippines the Marcos Jr. administration’s infrastructure development agenda through the National Economic and Development Authority Board’s recent approved list of Infrastructure Flagship Projects .

The Philippines currently has PHP9 trillion worth of high-impact IFPs aimed at improving physical and digital connectivity, water resources, health, power and agriculture infrastructure. To support the country’s spending needs, Diokno shared the government is committed to pursue the path of fiscal consolidation through the Medium-Term Fiscal Framework .

The government is also hoping to secure future generations through the Maharlika Investment Fund , which will be a vehicle for strategic and profitable investments in key sectors.

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