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Apart from record inflation, we can safely say that anemic growth is a hallmark of the economy during Marcos’ first two years
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Another priority that seems to have stalled is economic charter change. From saying that it’s “not a priority” in 2022, Marcos put charter change high on his 2024 agenda.pushing for the liberalization of three specific sectors . But this effort seems to have been successfully blocked by the Senate, whose very existence is threatened by the planned modalities of pursuing charter change .
Everything boils down to urgent and decisive governance – something that Marcos failed to deliver in his first two years. At least on the investment issue, Marcos has tried his darndest to attract investors with his globetrotting: bringing him across the world, from an F1 race in Singapore to as far as the Czech Republic.
For instance, he appointed Vice President Sara Duterte as education secretary, who delivered close to nothing because she also knew nothing about education to begin with. , climate change, the crime-ridden POGO hubs, shenanigans in the national budget, continuing discrimination against the LGBTQ+ community, and much, much more.
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