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'Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya ng bansa ayon sa NEDA; Pagpapatupad ng Philippine Development Plan, mahigpit na tinututukan ng administrasyon ni PBBM
PTVPhilippines
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11/28/2024
'Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya ng bansa ayon sa NEDA;
Pagpapatupad ng Philippine Development Plan, mahigpit na tinututukan ng administrasyon ni PBBM
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Display full video transcript
00:00
The National Economic and Development Authority, or NEDA,
00:04
is confident that the so-called political noises in the economy of the Philippines will not be affected.
00:10
This is because the administration continues to focus on strengthening the economy
00:16
and improving the lives of Filipinos.
00:19
According to the Department of Trade and Industry,
00:22
it is expected that more businessmen will move to the country
00:27
following the increase in the credit rating of the Philippines.
00:31
This is the story of Clayzel Fardilla.
00:35
Renilin's food stalls will add more spaghetti and rice
00:40
in the upcoming December.
00:42
Aside from the increasing number of customers during the holiday season,
00:46
she also pays attention to those who eat and watch their television.
00:50
Just like in the news about the President,
00:56
they will gain more customers.
01:00
Despite the issues in politics,
01:03
the National Economic and Development Authority believes
01:07
that it will not have a negative effect on our economy.
01:12
Now, at least yesterday, it's business as usual for us.
01:18
And I don't think that these political noises
01:23
would have any impact on the economy.
01:28
What is important is that our economic policies
01:35
and policy directions are sound and sustained.
01:44
The Administration of President Ferdinand R. Marcos, Jr.
01:49
is closely monitoring the implementation of the Philippine Development Plan.
01:52
These include programs that will improve the lives of Filipinos,
01:57
such as food security,
02:00
the construction of more infrastructure,
02:03
and the improvement of economic climate change
02:06
so that more investors can come and work.
02:11
Under the leadership of President Marcos,
02:15
along with the economic managers,
02:17
led by the Senate and Congress,
02:19
the Executive Board assures that it will provide sufficient funds
02:24
for the government's primary programs.
02:26
It is focused on the budget for 2025
02:32
and the need to prioritize the funding of the high-priority projects
02:38
of government of this Administration.
02:40
The Department of Trade and Industry is also positive
02:43
that more businessmen from inside and outside the country
02:46
will come to the Philippines.
02:49
This is followed by the increase of S&P Global Ratings
02:52
in the economic outlook of the Philippines
02:55
from the previous stable.
02:57
This means more confidence in the ability of the government
03:01
and private sector in the Philippines to pay its debts.
03:05
This high credit rating will really encourage a lot of confidence
03:09
for the international investors to come into our country.
03:12
And so far, there's a lot of interest in our country.
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3:04
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