ECONOMY REMAINS ON SOLID FOUNDATION, OPEN TO INVESTORS – PALACE

MALACAÑANG assured Tuesday that the Philippine economy remains stable and open to investors while President Ferdinand Marcos Jr. undertakes reforms to rid public infrastructure projects of corruption.

Presidential Communications Office (PCO) and Palace Press Officer Claire Castro said the country’s economic standing remains secure as the Marcos administration takes steps to end widespread corruption, promote honest governance, and address the people’s grievances.

“Sa ilalim ng pamumuno ni Pangulong Ferdinand R. Marcos Jr., nanatiling matatag ang ekonomiya ng Pilipinas na may matibay na pundasyon at bukas na pagkakataon para sa mga mamumuhunan,” Castro said during a press briefing in Malacañang.

Citing a message from the Department of Finance (DOF) under then Finance Secretary now incoming Executive Secretary Ralph Recto, Castro said President Marcos will not be swayed from exacting accountability from all those involved in corrupt practices.

“Hindi matitinag si Pangulong Marcos sa pag-usig sa sinumang nasa likod ng mga tiwaling gawain – kamag-anak man, kaalyado, o kahit na ang sariling kadugo,” Castro stressed.

“Naninindigan ang pamahalaan na ang lahat ng ito ay tinutugunan sa pamamagitan ng konkreto at mabilis na aksyon- alinsunod sa kautusan ni Pangulong Marcos,” the Palace Press Officer added.

Castro said the administration has a comprehensive catch-up plan based on national priorities, to accelerate economic growth.

“Unti-unti ring ibababa ng pamahalaan ang deficit at utang habang lumilikha ng mas maraming trabaho, tumataas ang kita ng mga Pilipino, at mas marami pang aangat ang buhay,” Castro added.

Under the leadership of President Marcos, the government continues to listen to the public, acts swiftly to address problems, and prioritizes the interests of the country and the public.

“Ito rin ay isang gobyernong tumutupad sa pangako — walang takot, walang pinapaboran, at walang pag-aatubiling pinapanagot ang sinuman,” Castro emphasized.