TOP leaders of the House of Representatives, led by Speaker Ferdinand Martin G. Romualdez, on Sunday lauded the remarkable economic accomplishments of President Ferdinand “Bongbong” R. Marcos Jr.’s administration, noting that these achievements have positively impacted the lives of Filipinos despite global conflicts and supply chain disruptions.
In a joint statement issued a day before the President’s third State of the Nation Address (SONA), House leaders cited the administration’s success in establishing the Philippine economy as Southeast Asia’s strongest and highlighted targeted aid for those affected by global crises.
“Under President Marcos’ leadership, our economy is thriving. We are seeing the highest growth rates in decades, which means more jobs and better opportunities for every Filipino,” Speaker Romualdez declared.
He pointed out that the economy posted a 7.6% growth rate in 2022 and continued to grow by 6.4% in the first quarter of 2023.
The House chief added that multilateral financial institutions like the World Bank have upgraded their economic forecasts for the Philippines, reflecting the country’s robust economic trajectory.
Senior Deputy Speaker Aurelio “Dong” Gonzales Jr. underscored the transformative impact of infrastructure development under the “Build-Better-More” program.
“Our infrastructure projects are transforming the landscape of our nation. They are not just roads and bridges; they are pathways to a brighter future for all Filipinos,” said the representative of Pampanga’s 3rd District.
Gonzales noted that projects like the Luzon Spine Expressway Network, which will cut travel time from Ilocos to Bicol from 20 hours to 9 hours, and the construction of mega-bridges connecting various islands, are enhancing national connectivity and efficiency.
Deputy Speaker and Quezon 2nd District Rep. David “Jay-jay” Suarez stressed the administration’s commitment to securing the country’s energy future through sustainable practices.
Suarez observed that the administration has added new power plants and is pushing for renewable energy to help address power requirements.
“The shift to renewable energy is a testament to our commitment to a sustainable and prosperous future. We are not just meeting today’s needs but also protecting the environment for future generations,” he said.
Meanwhile, Majority Leader and Zamboanga City 2nd District Rep. Manuel Jose “Mannix” M. Dalipe emphasized the administration’s dedication to supporting those most in need.
Dalipe highlighted the revival of Kadiwa stores to stabilize food prices and housing initiatives like Pambansang Pabahay Para sa Pilipino to provide affordable homes.
“The Marcos administration is making sure no Filipino is left behind. From affordable housing to accessible food supplies, we are making tangible improvements in the lives of our people,” Dalipe remarked.
Ako Bicol Rep. Elizaldy Co, who chairs the powerful Committee on Appropriations, spoke on the administration’s success in positioning the Philippines as a global investment hub.
He mentioned that the administration secured huge investments through international economic missions and strengthened diplomatic ties with major economies like the United States and China.
“Our proactive approach in international relations is paying off. The investments we are attracting are creating jobs and driving economic growth, securing a better future for our nation,” Co asserted.
Overall, Speaker Romualdez said the economic policies and initiatives under President Marcos are leading to significant and positive changes for the Philippines, making it a leading economy in Southeast Asia.
“We are proud of the progress we have made, and we remain committed to building a stronger, more prosperous Philippines for all. Together, we will continue to rise and overcome any challenge,” the Speaker concluded.
