President Ferdinand Marcos Jr. is parading the Philippines’ “success story” in his meetings with global business and political leaders at the World Economic Forum in Davos, Switzerland, said House Speaker Ferdinand Martin Romualdez. | BPinlacINQ
Romualdez, who is part of the President’s official delegation to Davos, said Marcos “is hard at work, seizing all the opportunities the WEF presented to tell the Philippine success story to the world’s leaders in business and government attending the forum.”
WEF President Borge Brende, according to Romualdez, even acknowledged Marcos’ efforts “to showcase the Philippines’ remarkable story and outline the path his administration is taking to welcome more foreign investments into our country.”Marcos said the Philippines– the fastest pace in Southeast Asia at a time when the global economy is widely expected to head into recession.
He touted the country’s development plan, which draws up a strategy to fastrack economic and social recovery toward inclusive and resilient development.which, according to the Philippine Statistics Authority, was mainly driven by the increasing prices of goods. But Marcos has since expressed belief that the Philippine inflation will decline for the rest of the year.
The President, who is concurrent chief of the agriculture department, said the soaring cost of agricultural products in the country can be addressed if rampant smuggling is addressed and if
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