00:00Amidst the tension in the Middle East and increases in oil prices, the Department of Economy, Planning and Development, or DEPDEV,
00:06assured that the government is prepared for the possible impact on the country.
00:10The government prepared some programs like fuel subsidies and other forms of assistance to ease the lives of Filipinos.
00:16According to DEPDEV, the international institutions remain confident on the Philippine Development Plan of the government,
00:23which promotes key reforms and projects for sustaining growth and development.
00:27As of now, the government is still targeting the 5.5 to 6.5 percent growth this year
00:32while maintaining to be cautious in addressing global challenges.
