President Marcos’ State of the Nation Address 2023

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In his second State of the Nation Address, President Ferdinand Marcos Jr. repeats a mantra he started last year, ‘The State of the Nation is sound.’  Full story: https://www.rappler.com/nation/sona-2023-full-text-transcript-speech-president-marcos-jr/

Transcript

00:00 In his second State of the Nation address, President Ferdinand Marcos Jr. repeats a mantra he started last year.

00:05 "That the state of the nation is sound."

00:09 Plagued by high inflation and onion, sugar and egg shortages, Marcos boasts of the economic growth during his first year.

00:15 "Our economy posted a 7.6% growth in 2022, our highest growth rate in 46 years."

00:24 The latest survey from Pulse Asia shows Marcos got the lowest rating in controlling inflation, increasing jobs and reducing poverty.

00:31 Marcos also lays out the vision for the controversial Maharlika Fund.

00:35 "The fund shall be used to make high impact and profitable investments, to ensure sound financial management.

00:41 A group of internationally recognized economic managers shall oversee the operations of the fund,

00:47 guided by the principles of transparency and accountability."

00:52 The President's State of the Nation speech is one hour and 10 minutes long.

00:55 Log on to Rappler.com for more analysis of the President's sona.

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