Finance Secretary Benjamin Diokno touted the Marcos administration’s infrastructure spending strategy in a bid to attract American investors.
Photo: Department of Budget and Management
In a statement on Thursday, the Department of Finance said Diokno briefed US investors on the country’s growth agenda during the Philippine Economic Briefing , held on the sidelines of the World Bank-International Monetary Fund Spring Meetings in Washington, D.C., on April 12.“Infrastructure spending is front and center of our growth strategy.
“Indeed, the Marcos administration has aggressively pursued several initiatives to encourage greater local and foreign investment and private sector participation in infrastructure development…we welcome and urge the investor community to consider placing its resources in the country’s flagship infrastructure projects,” said the NEDA chief.
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