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NEDA: ‘Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya
PTVPhilippines
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11/29/2024
NEDA: ‘Political noises', hindi magdudulot ng negatibong epekto sa ekonomiya; pagpapatupad ng Philippine Development Plan, mahigpit na tinututukan
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00:00
NEDA assured that our economy is not affected by the noise of politics.
00:04
In fact, businesses are also affected.
00:07
Instead of what's happening, many investors inside and outside the country want to get rich in the Philippines.
00:14
This is Clayzel Pardilian of PTV in Balitang Pampansa.
00:19
Rennie Lynn's food stores will add more spaghetti and rice in the upcoming December.
00:26
Aside from the increasing number of customers during the holiday season,
00:30
she also noticed the food that's being broadcasted on their television.
00:34
Like the news about the president, they will get rich, so they will have more extras.
00:45
Despite the increasing number of issues in politics,
00:48
the National Economic and Development Authority believes that
00:51
it will not have a negative effect on our economy.
00:57
At least yesterday, it's business as usual for us.
01:02
And I don't think that these political noises would have any impact on the economy.
01:14
What is important is that our economic policies,
01:19
our economic policy directions are sound and sustained.
01:28
The administration of President Fernando R. Marcos Jr. is focused on implementing the Philippine Development Plan.
01:36
This includes programs that will benefit the lives of Filipinos,
01:41
such as food security,
01:44
building more infrastructure,
01:47
and improving the economic climate change
01:50
so that more investors can invest and create jobs.
01:55
Under the leadership of President Marcos,
01:59
along with economic managers,
02:01
led by the Senate and Congress,
02:03
the Executive Board of the Philippine Government
02:06
will provide sufficient funds for the government's primary programs.
02:10
It is focused on the budget for 2025
02:16
and the need to prioritize the funding of the high priority projects of this administration.
02:24
The Department of Trade and Industry is also positive
02:28
that more businessmen will move to the Philippines.
02:33
This is in line with the rise of the S&P Global Ratings
02:37
in the economic outlook of the Philippines from the past stable.
02:41
This means more confidence in the ability of the government and the new sector in the Philippines
02:47
to pay its debt.
02:49
This high credit rating will really encourage a lot of confidence
02:54
for the international investors to come into our country.
02:57
And so far, there's a lot of interest in our country.
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