HOUSE Speaker Ferdinand Martin G. Romualdez today hailed the continued decline in the Philippines’ inflation rate, dropping from 2.9% in January to 2.1% in February. He attributed the positive trend to the economic policies of President Ferdinand R. Marcos Jr.’s administration.
“This is great news for Filipino families,” Romualdez stated in a press release. He emphasized the administration’s focus on price stabilization, food security, and protecting consumer purchasing power. The House of Representatives, he added, fully supports these efforts through legislation aimed at easing the burden on ordinary Filipinos, including measures to lower food costs, stabilize energy prices, and create jobs.
Romualdez acknowledged the economic challenges of recent years but highlighted the positive economic indicators. He attributed the success to “sound leadership, strong policies, and the resilience of the Filipino people.”
The Speaker pledged continued legislative efforts to ensure the downward trend in inflation translates into increased savings, improved opportunities, and a higher quality of life for all Filipinos. He concluded by stating the administration’s commitment to inclusive growth under its “Bagong Pilipinas” (New Philippines) program.
