President Ferdinand Marcos Jr expects the domestic economy to grow around 7% this year, saying strong fundamentals, prudent fiscal management and reforms in key sectors will cushion against risks from a potential global recession.
Philippine
“Our strong macroeconomic fundamentals, fiscal discipline, structural reforms and liberalisation of key sectors instituted over the years have enabled us to withstand the negative shocks caused by the pandemic and succeeding economic downturns and map a route toward a strong recovery,” Marcos was quoted as saying in a statement his office issued on Wednesday.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Ferdinand Marcos Jr. delivers his opening remarks for the panel discussion on ‘Moving Towards Nutrition Security’ as the World Economic Forum (WEF) continues in Davos, Switzerland on Wednesday. | President Ferdinand Marcos Jr. delivers his opening remarks for the panel discussion on ‘Moving Towards Nutrition Security’ as the World Economic Forum... | By Philippine Star | Facebook0 views, 28 likes, 17 loves, 3 comments, 4 shares, Facebook Watch Videos from Philippine Star: President Ferdinand Marcos Jr. delivers his opening remarks for the panel discussion on ‘Moving Towards...
Read more »
Bongbong Marcos aims for 7% Philippine economic growth in 2023President Ferdinand Marcos Jr expressed optimism that the Philippine economy could grow at a faster pace of 7 percent this year despite all the global headwinds, more optimistic than his economic team’s projection of at least 6.5 percent./PDI
Read more »
Bongbong Marcos aims for 7% Philippine economic growth in 2023DAVOS2, Switzerland – President Ferdinand Marcos Jr expressed optimism that the Philippine economy could grow at a faster pace of 7 percent this year despite all the global headwinds, more
Read more »
No point in building up Philippine armory, says MarcosThe Philippines is not keen on building up its armory as the government believes that military solution is not always the answer to issues, President Ferdinand "Bongbong" Marcos Jr. said in Switzerland on Wednesday (Thursday, PH Time).
Read more »
President touts country’s big potentialPresident Ferdinand Marcos Jr. showcased the state of the Philippine economy and the opportunities awaiting to be unlocked by future investors, telling them about moves to make sure the country continues to recover and becomes more conducive for-- READ:
Read more »
Marcos confident of economic growth due to Philippines’ ‘sophisticated workforce’'The reason that I’m so confident about that is because we have this workforce, we have a very, very good workforce in the Philippines,' Marcos told World Economic Forum president Børge Brende in Davos.
Read more »