President Ferdinand Martin Romualdez said the transformation of the Philippine economy into the strongest in Southeast Asia was the crowning achievement of the two-year Marcos administration.
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“If we go to the labas of the bansa, if we see the mahal at Pangulong Marcos and the Philippine economies, then we can use the Philippine kahirapan and the Philippine maraming at nagpalago to go to Kabuhayan to go to the Philippines,” Romualdez said.
“Our economic growth has been nothing short of astonishing, and the government’s infrastructure development and social amelioration programs have ensured that ordinary Filipinos benefit from the country’s progress. It is a good thing for the Bagong Philippines campaign, which will bring karaniwang tao a lot of naipundar natin nitong mga nakaraang taon,” he added.
He noted that the country has overtaken Vietnam as the fastest growing economy in Southeast Asia, which is recognized by international financial institutions such as the Asian Development Bank (ADB), the International Monetary Fund (IMF) and the World Bank.