'Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya ng bansa ayon sa NEDA; Pagpapatupad ng Philippine Development Plan, mahigpit na tinututukan ng administrasyon ni PBBM

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'Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya ng bansa ayon sa NEDA;

Pagpapatupad ng Philippine Development Plan, mahigpit na tinututukan ng administrasyon ni PBBM

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Transcript

00:00The National Economic and Development Authority, or NEDA,

00:04is confident that the so-called political noises in the economy of the Philippines will not be affected.

00:10This is because the administration continues to focus on strengthening the economy

00:16and improving the lives of Filipinos.

00:19According to the Department of Trade and Industry,

00:22it is expected that more businessmen will move to the country

00:27following the increase in the credit rating of the Philippines.

00:31This is the story of Clayzel Fardilla.

00:35Renilin's food stalls will add more spaghetti and rice

00:40in the upcoming December.

00:42Aside from the increasing number of customers during the holiday season,

00:46she also pays attention to those who eat and watch their television.

00:50Just like in the news about the President,

00:56they will gain more customers.

01:00Despite the issues in politics,

01:03the National Economic and Development Authority believes

01:07that it will not have a negative effect on our economy.

01:12Now, at least yesterday, it's business as usual for us.

01:18And I don't think that these political noises

01:23would have any impact on the economy.

01:28What is important is that our economic policies

01:35and policy directions are sound and sustained.

01:44The Administration of President Ferdinand R. Marcos, Jr.

01:49is closely monitoring the implementation of the Philippine Development Plan.

01:52These include programs that will improve the lives of Filipinos,

01:57such as food security,

02:00the construction of more infrastructure,

02:03and the improvement of economic climate change

02:06so that more investors can come and work.

02:11Under the leadership of President Marcos,

02:15along with the economic managers,

02:17led by the Senate and Congress,

02:19the Executive Board assures that it will provide sufficient funds

02:24for the government's primary programs.

02:26It is focused on the budget for 2025

02:32and the need to prioritize the funding of the high-priority projects

02:38of government of this Administration.

02:40The Department of Trade and Industry is also positive

02:43that more businessmen from inside and outside the country

02:46will come to the Philippines.

02:49This is followed by the increase of S&P Global Ratings

02:52in the economic outlook of the Philippines

02:55from the previous stable.

02:57This means more confidence in the ability of the government

03:01and private sector in the Philippines to pay its debts.

03:05This high credit rating will really encourage a lot of confidence

03:09for the international investors to come into our country.

03:12And so far, there's a lot of interest in our country.

'Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya ng bansa ayon sa NEDA; Pagpapatupad ng Philippine Development Plan, mahigpit na tinututukan ng administrasyon ni PBBM

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