By Katrina Gracia Consebido
President Ferdinand R.. Marcos Jr. on Saturday, Sept. 25, touted the country’s macroeconomic fundamentals and enabling policies as key reasons on why foreign nations should invest in the Philippines.
In his speech during the Asia Society meeting in New York, Marcos noted that the Philippine economy grew by 5.7% in 2022 and 7.8% in the first half of 2023.
“Growth was broad-based, driven not only by government spending but also by household consumption and investments, reinforced by consumer and business confidence,” Marcos said.
“Another strong point is our human capital. We boast of a young, educated, hardworking, and english-speaking workforce that is among the best in the world,” he added.
Marcos is on his final leg of his United States (US) trip for the 77th session of the United Nations General Assembly where he also met with several heads of state including US President Joe Biden. – gb
