President Ferdinand "Bongbong" Marcos Jr. returned to Manila on Saturday after attending the World Economic Forum in Davos, Switzerland.
"Our WEF engagement has enabled the many leaders and experts in government, business, civil organizations, and the academe that were in attendance to receive the good news that the Philippines is leading economic recovery and performance not only in the Asia-Pacific but also in the whole world," he said.
"I highlighted this administration’s policies, including the Philippine Development Plan, the 8-Point Socioeconomic Agenda, and various other policies and legislation that spotlight the economic reforms of the Philippines that have led to our sustained growth, even post COVID-19 and amidst the current global economic downturn," he said.
"And that discussion about the sovereign wealth fund, the Maharlika Fund, was an interactive one wherein not only did we present our ideas on what the fund should look like, but we asked them [what they thought] would be most advantageous for the Philippines so as to allow the potential investments that you are thinking about bringing into the Philippines and how the fund would be best designed to service that investment," he said.
"The process that we undertook really in Davos was not simply to highlight the new situation, the new economic situation, the new policies, and the new concepts that we are promoting in the Philippines today, but also to learn from the world leaders and the world economic leaders what part the Philippines can play in this fragmented world," he said.
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