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SOURCE: Press and Public Affairs Bureau

06 October 2022 04:04:17 PM

SPEAKER Martin G. Romualdez on Thursday said President Ferdinand
“Bongbong” Marcos Jr. did a “great job” as the country’s Chief
Executive in his first 100 days in office, setting the pace of
leadership that will usher the country into economic recovery.

In particular, Romualdez said President Marcos Jr. did a good job of
crafting a national budget that is responsive to the country’s needs
and ensuring a functioning government
to ensure the implementation of policies he laid down in his 8-point
economic agenda.

“I think the President has done great things in the government,
particularly in his Cabinet. And his policies are very clear. On the
part of the House of Representatives, we affirmed his fiscal framework
(as contained in the proposed 2023 national budget) along with the
Senate,” Romualdez said in a chance interview with reporters.

“We passed his budget on third reading so we’re well on our way.
That’s the most important piece of legislation. That’s the national
budget for 2023, so my assessment is that he’s done a great job,”
Romualdez added.

The House of Representatives, under the leadership of Speaker
Romualdez, passed in record time the P5.268 trillion proposed national
budget for next year last week.

The proposed government spending program mirrors the needs of the
country struggling to bounce back from the ill effects of the

Romualdez also praised President Marcos Jr.’s recent state visits to
Indonesia, Singapore and the US, saying the trips netted billions of
dollars in much-needed foreign investments to the country.

“He has also done a wonderful job in engaging our friends in the
international community whereby foreign direct investments would be
coming,” he declared.

“And in fact, his recent trips from Indonesia, Singapore and the
United States – among our top trading partners, Singapore being the
number one source of foreign direct investments we have seen so much
enthusiasm and they welcome his presidency and his administration,”
Romualdez said.

The President was able to get investment pledges amounting to $14.36
billion from his trips to Indonesia and Singapore, and over $4 billion
in his state visit to the US.
“So we’re looking for a swift recovery despite all of the pressures
and the global economic (downturn), so we’re very excited for his
administration,” Romualdez said.

“And on the part of the House, we support him wholeheartedly and we
wish him Godspeed and congratulations to his first 100 days,”
Romualdez said.(END)