Political will and economic policies lead to inflation drop — Romualdez

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Political will and economic policies lead to inflation drop — Romualdez
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House Speaker Martin Romualdez said that the inflation decrease can be traced to President Ferdinand Marcos Jr.’s strong political will and economic policies. | JMangaluzINQ

Romualdez, the cousin of Marcos, sang praises of the President following the inflation rate’s decrease from 6.1 percent to 5.4 percent.“This continued drop in inflation can be attributed to President Ferdinand ‘Bongbong’ R. Marcos Jr.’s strong political will and the administration’s sound economic policies. From a high of 8.

7% at the start of the year, inflation had been tamed to 6.1% in May, and dropped again in June at 5.4%,” Romualdez said in a statement.Meanwhile, other lawmakers from the House of Representatives also rejoiced at the lowered inflation rate, with Ang Probinsyano representative and Deputy Majority Leader Alfred delos Santos saying this signifies that the country’s economy is doing well and is far from a debt crisis.

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