NEDA, tiwala na hindi lubhang makaaapekto sa Pilipinas ang pagpapatigil ng U.S. sa kanilang foreign aid

Name: NEDA, tiwala na hindi lubhang makaaapekto sa Pilipinas ang pagpapatigil ng U.S. sa kanilang foreign aid
Uploaded: 2025-01-28T07:44:51+00:00
Duration: 3 min 5 s
Channel: PTVPhilippines

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NEDA, tiwala na hindi lubhang makaaapekto sa Pilipinas ang pagpapatigil ng U.S. sa kanilang foreign aid

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00:00The National Economic and Development Authority promised that it will not be affected by the decision of the United States to stop their foreign aid or assistance.

00:13Claizel Pardilla will return to the center of the news.

00:18The National Economic and Development Authority, or NEDA, believes that the Philippines will not be affected by the interim decision of the United States to provide foreign aid or assistance to other countries such as the Philippines.

00:35Just recently, US President Donald Trump ordered the suspension of aid to other parts of the world to study and see which direction it will go.

00:49In 2023, the United States allocated more than US$68 billion to more than 200 countries, $147 million of which was allocated to the Philippines.

01:02Most of the government's flagship infrastructure projects are Japan, Korea, Asian Development, and World Bank.

01:11Among them are the Metro Manila Subway Project, Panay-Gimaras Negros Island Bridges Project, and other government programs.

01:19That's why Balisacan insisted

01:32of dollar revenues we get from outside, that's quite small.

01:37The U.S.'s plan to possibly affect the economy, not just the Philippines, but the whole world, is the possible increase of tariffs on U.S. products.

01:49Tariffs are usually imposed on products bought by other countries.

01:54But the government is already working hard to change the economy by focusing on local industries and diversifying exports to other countries.

02:05But the most important, the most immediate response that we can make is to intensify our efforts to diversify the economy,

02:15diversify our trade, and ensure that we continue to be aggressive in bilateral and regional trading arrangements

02:30so that we can buffer the economy from these disturbances.

02:38As part of the government's goal, it will increase the production of food such as rice to reduce dependence on imports.

02:46The Flood Control Project will also be implemented to stop the spread and spread of calamities

02:53that affect the infrastructure, livelihood, and economy of the country.

02:59Kalayzal Pordilia, for Pambansang TV, in Bagong, Philippines.

NEDA, tiwala na hindi lubhang makaaapekto sa Pilipinas ang pagpapatigil ng U.S. sa kanilang foreign aid

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