Go Negosyo founder says economy to grow stronger in Q4 due to holiday season

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00:00Go Negosio founder and private sector lead for jobs Joey Concepcion insists the fourth

00:05quarter of the year is always the strongest period due to the holiday season. This is the season when

00:10people have money to spend because of the holidays. Of heightened consumer spending, there's added

00:15growth to the country's economy. Concepcion also pointed out that remittances from OFWs are a huge

00:21help to economic growth. There's also the Create More Act, recently signed by President Ferdinand

00:27R. Marx Jr., which is expected to generate more jobs. He discussed also the Balikbayan 2024 OFW

00:34Summit on December 7, where OFWs will learn how to build their own businesses.

00:40These are things that we would like to help our overseas workers that they have the chance of

00:47eventually their savings, part of their savings, not all of their savings, would go into starting

00:52a business.

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