Mga negosyante, hinikayat ni PBBM na mamuhunan sa Pilipinas | Saksi - video Dailymotion

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Transcript

00:00 (speaking in foreign language)

00:03 (upbeat music)

00:06 (speaking in foreign language)

00:16 (upbeat music)

00:38 (speaking in foreign language)

00:43 (speaking in foreign language)

00:47 - Allow me to apologize for being quite so late,

00:54 as we have just come from Manila

00:57 and the mix ups with luggage and such.

01:01 So,

01:01 I did not think it would be appropriate

01:05 for me to come in my shorts, so,

01:08 I thought I should wait for my suit.

01:11 (speaking in foreign language)

01:15 - We also started to worry about borrowings.

01:34 Although, our borrowings in terms of as a ratio GDP

01:38 are not as high as maybe our neighboring countries.

01:43 We are standing at about 62 point something,

01:46 62.3 up to 63% of GDP.

01:50 But for us, that is high.

01:52 (speaking in foreign language)

02:07 So, we have continued to develop our agricultural sector.

02:12 And the aspiration, once again,

02:14 is that we are able to provide a sufficient supply of food

02:19 at prices that people can afford.

02:21 And that's still, we are not there yet,

02:24 but we have made many important steps to start that.

02:27 And I said, we cannot now continue to depend on importation,

02:32 which is what has happened for the Philippines.

02:35 In the past years, it became the easy way out.

02:38 Just import more, import more rice,

02:40 import more corn, import more everything.

02:43 And the pandemic showed us that this was not

02:47 a wise choice to have made.

02:51 And so, we have continued to develop

02:54 our agricultural sector.

02:56 (speaking in foreign language)

02:59 (dramatic music)

03:02 (speaking in foreign language)

03:28 (speaking in foreign language)

03:32 (dramatic music)

03:45 (dramatic music)

03:48 [MUSIC PLAYING]

03:51 (upbeat music)

Mga negosyante, hinikayat ni PBBM na mamuhunan sa Pilipinas | Saksi

Transcript

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