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  • 5 weeks ago
Palace says gov't has a comprehensive plan to boost economic growth and assures that PH fiscal position remains healthy

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Transcript
00:00Despite the upheavals and uproar over the last few months, as well as the most vicious attacks on him and his family,
00:07President Ferdinand R. Marcus Jr. has managed to stay focused and poised, exhibiting grace under pressure.
00:13And economic experts and pundits are confident on the economy's resiliency,
00:18given its sturdy foundation and the sound fundamentals that have helped it withstand global headwinds and the tumultuous events at home.
00:25In this report.
00:26The palace described the country's economy as stable and still open to investments, despite the issues it currently faces.
00:35According to palace press officer and PCO undersecretary attorney Claire Castro,
00:39the country's economic foundation remains strong even as investigations into widespread corruption continue.
00:46Hindi matitinag si Pangulong Marcos Jr. sa pag-usig sa sino mang nasa likod ng mga tiwaling gawain.
00:54Kamag-anak man, kaalyado, o kahit na ang sariling kadugo.
01:00Sa hiling ng taong bayan para sa reforma sa pamahalaan, naninindigan ang pamahalaan na ang lahat ng ito ay tinutugunan sa pamamagitan ng konkreto at mabilis na aksyon.
01:13Alinsunod sa kautosan ni Pangulong Marcos Jr.
01:17Following this, the palace said the government has prepared a comprehensive catch-up plan to further accelerate economic growth.
01:24This comes with assurances that the country's fiscal position remains healthy.
01:27Tinitiyak din ng pamahalaan sa taong bayan na nasa tamang landas ang fiscal condition ito at positibo ang mga inaasahan sa mga darating na buwan.
01:39Unti-unti ring ibababa ng pamahalaan ang deficit at utang habang lumilikha na mas maraming trabaho.
01:47Tumataas ang kita ng mga Pilipino at mas marami pang aangat ang buhay.
01:52The palace also believes that the administration continues to have the trust of the public and the business sector amid corruption-related controversies.
02:00This is especially true, they said, as the public can see how the government, under the president's leadership, is combating corruption.
02:06Kitang-kita po natin ang nilalabanan niya, korupsyon.
02:09Kapag po ba kayo ang investor, hindi po ba mas gugustuhin niyo ang leader na kumakalaban sa mga korupsyon, sa mga maanumalyan trabaho sa gobyerno.
02:21So, kung kayo investor, mas dapat kayo magtiwala sa panahon ngayon niya Pangulo Marcos Jr.
02:28dahil kahit mismo siya, ang gusto niya malinis ang bansa mula sa korupsyon.
02:33The palace further pointed out that investors cannot be swayed by lies.
02:37Muli, international community, alam natin sila ay nag-a-assess, nag-evaluate.
02:44Gamit ang tamang data, gamit ang tamang facts.
02:49So, ang maaari lang mabudol ng mga ito ay yung mga taong hindi nag-iisip.
02:56O yung mga taong isa lang ang adhikain, gibain ang gobyerno ni Pangulo Marcos Jr.
03:03Meanwhile, the palace assured the timely passage of the 2026 national budget despite the recent cabinet reorganization.
03:10The palace stressed that this will not affect the budget process for next year.
03:14We were able to talk to Secretary Goh and according to him, any reassignments of the cabinet members to the OF and DBM,
03:25they are all the same people who work on the budget, who work on the finance.
03:30So, there will be no problem with that.
03:32On October 13, the house approved the 6.793 trillion peso proposed national budget,
03:37while the senate continues its plenary deliberations.
03:40After this, the BICAM will consolidate both versions before submitting it to Malakanyang for the president's final approval.
03:47This is Sharm Zespina from the National TV Network for a new and better Philippines.

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