NEDA: ‘Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya

2 days ago

NEDA: ‘Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya; pagpapatupad ng Philippine Development Plan, mahigpit na tinututukan

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Transcript

00:00NEDA assured that our economy is not affected by the noise of politics.

00:04In fact, businesses are also affected.

00:07Instead of what's happening, many investors inside and outside the country want to get rich in the Philippines.

00:14This is Clayzel Pardilian of PTV in Balitang Pampansa.

00:19Rennie Lynn's food stores will add more spaghetti and rice in the upcoming December.

00:26Aside from the increasing number of customers during the holiday season,

00:30she also noticed the food that's being broadcasted on their television.

00:34Like the news about the president, they will get rich, so they will have more extras.

00:45Despite the increasing number of issues in politics,

00:48the National Economic and Development Authority believes that

00:51it will not have a negative effect on our economy.

00:57At least yesterday, it's business as usual for us.

01:02And I don't think that these political noises would have any impact on the economy.

01:14What is important is that our economic policies,

01:19our economic policy directions are sound and sustained.

01:28The administration of President Fernando R. Marcos Jr. is focused on implementing the Philippine Development Plan.

01:36This includes programs that will benefit the lives of Filipinos,

01:41such as food security,

01:44building more infrastructure,

01:47and improving the economic climate change

01:50so that more investors can invest and create jobs.

01:55Under the leadership of President Marcos,

01:59along with economic managers,

02:01led by the Senate and Congress,

02:03the Executive Board of the Philippine Government

02:06will provide sufficient funds for the government's primary programs.

02:10It is focused on the budget for 2025

02:16and the need to prioritize the funding of the high priority projects of this administration.

02:24The Department of Trade and Industry is also positive

02:28that more businessmen will move to the Philippines.

02:33This is in line with the rise of the S&P Global Ratings

02:37in the economic outlook of the Philippines from the past stable.

02:41This means more confidence in the ability of the government and the new sector in the Philippines

02:47to pay its debt.

02:49This high credit rating will really encourage a lot of confidence

02:54for the international investors to come into our country.

02:57And so far, there's a lot of interest in our country.

NEDA: ‘Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya

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