00:00 House Speaker Martin Romualdez
00:02 encouraged the entire support of the camera
00:04 to the programs hosted by President Ferdinand R. Marcos Jr.
00:08 in his State of the Nation address.
00:10 Mela Lesmora's live has more.
00:13 Two days before the State of the Nation address
00:18 of President Ferdinand R. Marcos Jr.,
00:21 House Speaker Martin Romualdez
00:23 faced a press conference
00:25 to discuss some important issues.
00:28 On Monday, July 24,
00:32 Speaker Romualdez announced the camera's readiness
00:36 for the opening of the second regular session
00:38 of the 19th Congress this morning
00:40 which will be followed by the second State of the Nation address
00:43 of President Ferdinand R. Marcos Jr. in the afternoon.
00:46 According to Romualdez,
00:48 the President's zone will not be extended by more than an hour,
00:52 but it will be a series of programs
00:55 about government programs and plans ahead.
00:59 Romualdez again gave the entire support of the camera
01:03 to implement the legislative agenda of the administration.
01:07 I heard that this might just be not more than one hour long,
01:12 maybe 45 minutes.
01:14 So I have not seen, I don't know what he's going to talk about.
01:18 All I can tell you is that as we are approaching
01:25 this first year anniversary, so to speak,
01:27 or the second SONA,
01:29 well, right now the country, as you've already seen,
01:32 is clocking at the fastest growth rate
01:36 in terms of GDP globally in the world.
01:39 And the President ranks on top
01:42 as one of the most trusted leaders in the globe.
01:47 And the country enjoys the highest political stability.
01:52 After the SONA, Speaker Romualdez said
01:56 that they will focus on the implementation
01:59 of the 2024 national budget.
02:02 At the same time, of course, they will also implement
02:05 the other priority bills of the Marcos administration
02:08 for the benefit of our fellow countrymen.
02:13 There are reports that the DBL will submit
02:18 our 2024 budget, the net expenditure program,
02:25 a week after the SONA.
02:28 If that happens, we will finish the budget
02:33 before the break, our October break.
02:36 We average at least five weeks of solid work
02:42 on the budget deliberations, considerations,
02:45 and review and approval through the third reading.
02:48 So we are confident with the processes,
02:50 the protocols, and the procedures that we have
02:53 that we will finish our national budget of 2024.
02:57 That is the most important piece of legislation.
02:59 Aside from that, Speaker Romualdez confirmed
03:03 that he will be joining the delegation of President Marcos
03:07 who will travel to Malaysia after the SONA.
03:10 And what Speaker Romualdez said,
03:12 this is also a good opportunity for him to talk
03:15 and to push the agenda of the Chamber
03:19 so that our countrymen can also move forward.
03:22 Okay, Mela, regarding the Maharlika Investment Fund,
03:25 did Speaker Romualdez discuss this?
03:28 What is the government's plan?
03:30 What do you think?
03:33 [Music]
03:35 Yes, G, it's good that you asked.
03:38 Speaker Romualdez said that the Maharlika Investment Fund
03:42 is a good opportunity for him
03:45 because in the next trips of the President,
03:48 like here in Malaysia,
03:50 he will be able to push the agenda of our officials
03:54 so that more people will invest in the Philippines.
03:58 And G, Speaker Romualdez also said that he is confident
04:02 in the legality of the MIF.
04:04 And even if there is a question on that,
04:06 the Supreme Court really believes that
04:09 it went through the right process and has sufficient safeguards.
04:13 That's why our countrymen should not worry.
04:17 Alright, alright. Thank you very much, Mela Lesmora.
04:20 Mela Lismora.
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