00:00His unwavering belief in Filipino resilience and resolve to bounce back has imbued the President with so much confidence and faith on the country's impending economic recovery within the next quarter.
00:11He sees an inevitable coming together of all sectors, industries and communities to rise up and move the country forward from the recent tumultuous and tragic events.
00:21Azar Cleo Zalpardiglia reports.
00:22Despite being battered by back-to-back typhoons and facing corruption controversies, the administration of President Ferdinand R. Marcos Jr. remains confident the Philippine economy will rebound before year-end.
00:39The assurance follows a sharp slowdown in economic growth, just 4% in the third quarter of 2025.
00:46That's weaker than more than 5% expansion seen from April to June and the slowest pace in four years, dating back to the height of the pandemic.
00:56The latest figure also missed the Marcos administration's official growth goal of 5.5 to 6.5% for the period.
01:05Officials blame a string of natural disasters, delays in key infrastructure programs and corruption issues for weaker-than-expected performance.
01:14Still, Malacan yung SES, momentum will return in the final quarter.
01:18Ina-expect po natin ang improvement ito, itong sa darating na, itong last quarter po of the year.
01:25Dahil po, meron po tayong naasal mga private holiday spending, supported by government programs, pati po ang growth in exports.
01:33President Marcos has directed government agencies to fully maximize the remaining budget this fiscal year.
01:40The finance department believes the administration's whipping anti-corruption drive is freeing up funds, channeling more resources into education, healthcare, agriculture, and digitalization.
01:53Ang utos ng Pangulo ay gamitin sa tama, yung 1.307 trillion na program budget para po makita po ng mga business sectors na ang gobyerno ay gumagasso sa tama.
02:10At ito po ay makakapag-boost na economy at ang consumption and investment po.
02:15Officials say, catch-up measures are now on their way to ensure spending stays aligned with national priorities.
02:22And heading into 2026, the government expects stronger growth, powered by large-scale infrastructure projects,
02:30including the planned expansion of Shergao Airport ahead of the ASEAN Summit where world leaders are set to attend.
02:38The Philippine Economic Zone Authority reports P175 billion worth of new and expansion projects approved as of October.
02:47Meanwhile, the Board of Investments is reviewing 30 new manufacturing proposals,
02:53totaling P33 billion, expected to create hundreds of jobs.
02:58Kaleizal Pardilia from the National TV Network for a new and better Philippines.
