News Release

PBBM: ‘Things are looking up for PH economy’


Things are improving for the Philippine economy, President Ferdinand R. Marcos Jr. declared on Tuesday.

“Alam po natin na kapag masigla ang ekonomiya, maayos ang kabuhayan. Things are looking up for the economy,” the President told the Philippine community during his state visit to Brunei Darussalam on Tuesday.

“Bukod sa mga remittances na nanggaling sa inyo, sa ating mga OFW, I also encourage all of you to someday to return, and invest, and set up your own business at home in the Philippines,” he added.

Meanwhile, the Chief Executive said one of the priorities of his administration is to improve the agriculture sector.

“Kaya’t tinatrabaho po natin nang husto upang magkaroon tayo ng modernized agricultural sector na kayang suplayan ang ating pangangailangan at bukod pa doon, ay makapag-export pa sana tayo,” he said.

The President sought for investments in the modernization of the country’s agricultural sector.

“I am relentlessly pushing and prioritizing the development of our agricultural lands and our agricultural sector. I cannot say it’s enough. I cannot emphasize it enough, but we really need to invest in the development, productivity, and modernization of our agri sector,” he said.

By building infrastructure and improving market linkages of farmers, farmlands will yield not only crops, but also opportunities that create ripples of positive effects throughout the country, he said.

“Ang layunin po ng ating pamahalaan ay kilalanin ang agrikultura bilang catalyst o mitsa upang para sa ating ekonomiya. Itataas natin ang produksyon ng mga produktong pang-agrikultura. Pagtitibayin po natin ang tinatawag na value chain ng agriculture sector,” President Marcos added. | PND