Finance Secretary Benjamin E. Diokno said President Ferdinand "Bongbong" Marcos Jr.'s administration's growth strategy leaned heavily on infrastructure development through the National Economic and Development Authority (NEDA) Board's recently approved list of Infrastructure Flagship Projects (IFPs).
Finance Secretary Benjamin E. Diokno said President Ferdinand "Bongbong" Marcos Jr.'s administration's growth strategy leaned heavily on infrastructure development through the National Economic and Development Authority Board's recently approved list of Infrastructure Flagship Projects .
The Finance Department Secretary added that the Philippines had P9 trillion worth of high-impact IFPs that would improve physical and digital connectivity, water resources, health, power, and agriculture infrastructure. Diokno also emphasized that the government was committed to pursuing fiscal consolidation through the Medium-Term Fiscal Framework to support the country's spending needs.
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