The leadership of the House of Representatives on Thursday gave President Ferdinand “Bongbong” R. Marcos Jr. a high mark on his first 100 days in office for ushering the country into economic recovery.
“He has also done a wonderful job in engaging our friends in the international community whereby foreign direct investments would be coming,” he said. “The Philippines is right on track, and is sprinting steadily during the first 100 days of the administration of President Marcos. Our economy has bounced back from the ravages brought by the global pandemic and has already reached the first stage to full recovery,” Romualdez added.
Third, Salceda said the most crucial economic priority for the President in that final months of 2022 will be the management of the transition of Covid-19 from pandemic to endemic stage. On the economic diplomacy front alone, the President’s official trips to Indonesia, Singapore and the United States have yielded almost P20 billion worth of foreign direct investment pledges combined that are projected to create a total of 134,000 jobs for Filipinos, according to Villafuerte, who is now president of the National Unity Party , which is the second biggest power bloc in the House.
Another brilliant move, he said, was the President’s selection of local executives as Cabinet members. In his inaugural overseas trip, the President bagged in Indonesia about $8.5 billion worth of investment deals that could translate into at least 7,000 new jobs, and reaped from Singapore investments totaling another $6.54 billion that could create 15,000 more jobs.
For the second purpose, Arroyo said the President has projected himself well as a “calm, thoughtful leader who is true to his promise to promote unity and be a President for all.”President Marcos said a functioning government and a united country with greater international presence were among the main achievements of his administration during its first 100 days.
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