Govt to ramp up public spending to boost growth

The Manila Times

Govt to ramp up public spending to boost growth  President Ferdinand Marcos Jr. on Nov. 13, 2025 says the government will ramp public spending to boost year-end economic growth, which was dragged down by a corruption scandal. In a press conference in Malacañang, Marcos said the drop in economic growth and the value of peso could not be solely attributed to the anti-corruption probe on public infrastructure but also on the global situation.  VIDEO BY CATHERINE VALENTE  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at [https://www.manilatimes.net](https://www.manilatimes.net/)  Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion  Subscribe to our Digital Edition - https://tmt.ph/digital  Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcher Tune In: https://tmt.ph/tunein  #TheManilaTimes #TMTNews #economy #Philippines

Transcript

00:00The reason that we had that is that there really was a downturn in economic activity.

00:09You have to remember that it's not only because of this problem,

00:13yung bankyo, yung nawala na working days sa ekonomya natin because of the radicals of climate change.

00:26And you have to also remember the situation, the global situation.

00:31We are not the only ones suffering the shocks that come from the new trade structure that has been imposed on the rest of the world.

00:40And so we are all adjusting to that.

00:44Lahat ng grupo all around the world is falling.

00:52But we are maramitang measures na ikinawa

00:56because the public spending now will be increased

01:00and we need to make sure that by the end of the year,

01:03that the levels of public spending are according to our original plan.

01:09So, mapabawi natin yung nawala na sa third quarter.

01:14You

01:44You

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