Country leads world in economic recovery, says Marcos

Continued from page 1 Continued from page 1 successful participation in the World Economic Forum (WEF) in Davos, Switzerland.

“Our WEF engagement has enabled the many leaders and experts in government, in business, civil organization and in the academe that were in attendance to receive the good news that the Philippines is leading economic recovery and performance not only in the Asia-Pacific but also in the whole world,” Marcos said.

“That the Philippines is not only driving economic growth; we are also helping mend the fissures that have fragmented the world of late and doing our part to avert an economic crisis,” he added.

Marcos said the Philippine delegation was able to share “our insight and experience in being a resilient hardworking people – uniting in adversity and looking out for each other in crisis.”

He thanked his economic team, composed of Finance Secretary Benjamin Diokno, Trade and Industry Secretary Alfredo Pascual and Socioeconomic Planning Secretary Arsenio Balisacan, and also lauded House Speaker Martin Romualdez for joining him in high-level dialogues at the WEF.

In his visit to Davos, Marcos trumpeted his administration’s policies, including the Philippine Development Plan, the 8-Point Socioeconomic Agenda, and “various other policies and legislations that spotlight the economic reforms of the Philippines that have led to our sustained growth.”

“I took the opportunity as well to consult with our friends and partners in Davos on the sovereign wealth fund as a means for us to diversify our income sources, and to generate various welfare effects to the Filipino people, while recognizing that this is a collaborative work with experts and our lawmakers so that its final form is what we intend it to be,” Marcos said.

(Mindanao Examiner)