Economist and Albay 2nd District Rep. Joey Salceda has backed President Ferdinand Marcos Jr.’s vision of a good Philippine economy for 2023, saying that headline inflation rates would ease down to 4.0 percent by mid-year. | GabrielLaluINQ
, or a group of Southeast Asian countries with the best-performing economies.
According to the Kilusang Magbubukid ng Pilipinas , Marcos should expect to face the public’s wrath given that prices of food products like onions, sugar, and eggs have increased steeply while he makes these foreign trips.But Marcos got support from an economist who “We will be in positive growth territory regardless of what happens for the rest of the world. We have removed restrictions on so many key sectors – public services, the retail trade sector, the energy sector – that the country will offset global recessionary forces,” Salceda, who also heads the House of Representatives Committee on ways and means, said.
And if the projected slowdown does not take place, Salceda said that the country is likely to exceed the projected 6.5 percent growth in the gross domestic product .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Albay solons clash on Maharlika fund as Salceda says no recall neededThere is no need to recall the approval of House Bill (HB) No.6608 or the proposed Maharlika Investment Fund (MIF).
Read more »
Lagman wants House MIF approval recalled after Salceda bares new versionThe approval of the proposed Maharlika Investment Fund (MIF) must be recalled by the House of Representatives, independent minority solon Albay 1st district Rep. Edcel Lagman said on Saturday, Jan. 21.
Read more »
Marcos: Banning POGOs needs proper motivationPresident Ferdinand “Bongbong” Marcos Jr. said the government should find out if keeping Philippine offshore gaming operations (POGOs) will be beneficial to the country as banning them outright would need to have the right reason. READ:
Read more »
Marcos finds destabilization plot vs Carlos unlikelyPresident Ferdinand “Bongbong” Marcos Jr. does not believe that there were people in government who undermined political science professor Clarita Carlos during her stint as his National Security Adviser (NSA). READ:
Read more »
Marcos doesn't want someone from the military, police heading the DAPresident Ferdinand “Bongbong” Marcos Jr. is not in favor of the idea that he should appoint someone from the military or police to lead the Department of Agriculture, underscoring that the DA head should be an expert in the field of agriculture. READ:
Read more »
Marcos government now pushing for 'more private sector-led' Maharlika FundAlbay 2nd District Representative Joey Salceda says that the proposed Maharlika Fund was reworked ahead of the President's trip to Davos, Switzerland, where he pitched the controversial sovereign wealth fund to foreign investors.
Read more »