Lawyer Larry Gadon has called on supporters of President Ferdinand “Bongbong” Marcos Jr. to sustain what they began and keep supporting the administration’s initiatives in addressing the country’s problems. Know more:
LAWYER Larry Gadon has called on supporters of President Ferdinand “Bongbong” Marcos Jr. to sustain what they began and keep supporting the administration’s initiatives in addressing the country’s problems.
According to Gadon, the country is facing huge problems, citing a P14-trillion national debt; the highest power rates in Asia and one of the highest in the world; and lack of infrastructure for water catchment systems and for energy generation. “These are very difficult problems so we need strong cooperation from our countrymen while President Marcos is doing everything to solve our problems,” he said.“These obstructionists, despite the 31 million that the President has garnered [during last presidential election], are still trying to overthrow our government by spreading wrong information, programs and narratives. But those who object are only a…minority,” he added.
The economic objectives outlined in the Medium-Term Fiscal Framework are as follows: growth of 6.5 to 7.5 percent in real gross domestic product in 2022 and 6.5 to 8.0 percent real GDP growth annually between 2023 and 2028; a 9 percent or single-digit poverty rate by 2028; a 3-percent National Government deficit-to-GDP ratio by 2028; less than 60 percent NG debt-to-GDP ratio by 2025; and the attainment of upper-middle-income status for the Philippines.
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