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SOURCE: Press and Public Affairs Bureau

06 October 2022 04:00:27 PM

SPEAKER Martin G. Romualdez on Thursday lauded President Ferdinand
“Bongbong” R. Marcos, Jr. for steering the country in the right
direction of robust economic growth and gaining steady progress
towards full recovery from the ravages of the coronavirus pandemic on
his first 100 days in office.

“The Philippines is right on track, and is sprinting steadily during
the first 100 days of the administration of President Ferdinand
Marcos, Jr. Our economy has bounced back from the ravages brought by
the global pandemic and has already reached the first stage to full
recovery,” Romualdez said.

“The future indeed looks brighter under the Marcos administration.
Businesses now ramping up activity, new jobs are created and lost jobs
are restored, and economic activities have turned dynamic once again,”
Romualdez said.

According to Romualdez, these gains are made possible with the
President’s prudent choice of the best economic team and the
meticulous crafting of the Medium Term Fiscal Framework to serve as
the roadmap to steer the country back to its high-growth trajectory.

However, he acknowledged that serious challenges face our country as
post-pandemic shock and global tensions continue to push the economies
of the world to the brink.

“We need business to keep going. We need to provide more jobs to those
able to work, and we need to keep prices of basic commodities down to
pre-pandemic level,” Romualdez said.

During these challenging times, Romualdez said the sincere and
consistent call of President Marcos for unity gains even more

“We can only hope to build a stronger nation resilient enough to
withstand the shocks of external crisis if we remain united and work
together for the common good,” Romualdez said.

With an overwhelming majority in Congress supporting President Marcos
and a responsible minority, Romualdez expressed confidence the
administration would be able to sustain our country’s momentum of

Aside from chalking up success in his domestic policy, Romualdez said
President Marcos performed well in his first 100 days in office in
pursuit of his pragmatic foreign policy of being “Friend to all, enemy
to none.”

Among others, Romualdez cited the bilateral meeting between President
Marcos and US President Joe Biden on the sidelines of the 77th session
of the United Nation’s General Assembly, where the two leaders
cemented a stronger security alliance and discussed opportunities to
expand cooperation on a wide range of issues, including energy
security, climate action, and infrastructure.

During his trip to Indonesia, Marcos and Indonesian President Joko
Widodo witnessed the signing of agreements on defense, security,
creative economy, and culture. They also renewed their commitment to
stronger bilateral cooperation as fellow members of the Association of
Southeast Asian Nations.

In his state visit to Singapore, President Marcos and Prime Minister
Lee Hsien Loong witnessed the signing and exchange of agreements on
counterterrorism, personal data protection, digital cooperation, water
resource management, and investment.(END)