PH economy remains resilient amid various domestic issues

PROGRESS. The Pasig City skyline, photographed from Quezon City on Tuesday (Dec. 3, 2024), appears gloomy. (PNA photo by Joan Bondoc)

By Dean Aubrey Caratiquet

Malacañang announced on Tuesday that the country’s economy remains strong in the face of various issues that plague the administration of President Ferdinand R. Marcos Jr.

At a press briefing, Presidential Communications Office (PCO) Undersecretary and Palace Press Officer Claire Castro cited the statement of former Finance Chief and Executive Secretary Ralph Recto, which she touts as proof of good governance in action.

The Department of Finance (DOF) statement read, “We are not blind to the challenges, nor are we shaken by them. What you see today is not a leadership crisis, but a government reforming itself from within, led by a President who chose to be the whistleblower, not the apologist, of corruption.”

Castro, moreover, emphasized that the country’s image to investors and the international community continues to thrive and remains unhampered by controversies seeking to divide the citizenry and the Philippine government.

“Kitang-kita po natin ang nilalabanan niya, korapsyon. Kapag po ba kayo ang investor, hindi po ba mas gugustuhin niyo ang lider na kumakalaban sa korapsyon—sa mga maanomalyang trabaho sa gobyerno?”

“[Ang] international community, alam nating sila ay nag-aassess, nag-e-evaluate gamit ang tamang data, gamit ang tamang facts. Ang maaari lang mabudol ng mga ito ay ‘yong mga taong hindi nag-iisip, o ‘yong mga taong isa lang ang adhikain—gibain ang gobyerno ni Pangulong Marcos Jr.”

While the Palace mouthpiece noted the inevitable economic impact caused by domestic headwinds within the government, she reaffirmed that the President is hard at work to hold those behind the flood control mess accountable and unearth the truth behind this pressing national concern.

Castro concluded her remarks by reassuring the citizenry that the government remains stable in spite of these worrying developments, and the uniformed personnel remain loyal to the Chief Executive and the Constitution.

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