Pagmahal ng mga bilihin, pinakamalaking problemang kinaharap ng bansa-- PBBM | SONA - video Dailymotion

GMA Integrated News

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Transcript

00:00 [Music]

00:12 President Marco passed on his second State of the Nation Address

00:16 that the country's economy remains stable despite the challenges.

00:20 He also warns smugglers and hoarders of agricultural products.

00:25 Ivan Mayrina has a report.

00:27 [Music]

00:30 The country's biggest problem is the inflation or the price of goods,

00:34 according to the President.

00:35 To address this, there are policies and strategies that the government has implemented

00:39 such as opening Kadiwa Stores.

00:41 In the past few months, we have seen the price of goods in various sectors go down.

00:48 The goal of Kadiwa is to empower farmers and buyers.

00:55 There is no other way.

00:58 There is no need to add, spend, and add.

01:01 The income of farmers is good.

01:04 It also saves the buyers.

01:06 The President also said that some of the reasons for the price of goods to go up

01:10 are smugglers and hoarders who are misleading the price of agricultural products.

01:15 We are chasing and we will catch them.

01:18 These days are counted as smugglers and hoarders.

01:22 [Applause]

01:25 In the middle is the challenge of El Nino.

01:27 The government raised P14.6 billion for water supply projects.

01:32 The buffer stock and the water supplies are being prepared.

01:37 If necessary, we will also do cloud seeding to bring rain.

01:44 Along with all of this, we are also urging our fellow citizens to save water.

01:51 Following the establishment of the Water Resource Management Office,

01:54 the President also said that he is also asking the Congress to form a government

01:59 that will focus on ensuring the adequate water supply.

02:02 The President also said that the supply of Luzon, Visayas, and Mindanao's electricity is connected.

02:07 He also said that his government will put aside 100% electrification at the end of his term.

02:12 We are conducting a performance review of the National Grid Corporation of the Philippines.

02:17 We look to NGCP to complete all of its deliverables,

02:21 starting with the vital Mindanao-Visayas and Cebu-Negro-Spanay interconnections.

02:27 The President also recognized the importance of infrastructure in the economy.

02:32 That is why he will continue to allocate 5% to 6% of GDP or Gross Domestic Product of the country

02:38 for infrastructure projects.

02:40 The President also said that he will help the Maharlika Investment Fund in funding projects and insurance.

02:46 The President also said that the money of the people of the country is protected.

02:49 The President also promised that he will not interfere with the social security and public health insurance of the public.

02:54 The military and uniformed personnel's pension is intended to be fully functional and financially sustainable.

03:01 Ivan Meirene is reporting for GMA Integrated News.

03:05 Don't miss the latest news that you should know.

03:08 You can watch State of the Nation and other newscasts on youtube.com/gmanews.

03:15 Just click the subscribe button.

03:17 For those who are abroad, you can watch us on GMA Pinoy TV at www.gmanews.tv.

03:25 [Music]

Pagmahal ng mga bilihin, pinakamalaking problemang kinaharap ng bansa-- PBBM | SONA

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