The Philippines has emerged as one of Asia’s fastest-growing economies, and President Ferdinand R. Marcos Jr. credited this feat to the Filipino people’s dedication, talent, and patriotism.
“Paumanhin niyo na medyo nagyayabang po tayo na ang Pilipinas ngayon ay kinokonsidera ng ating mga karatig-bansa – the Philippines is one of the fastest growing economies in Asia,” President Marcos said during the Alyansa Para sa Bagong Pilipinas rally in Lucena City.
The President proudly stated that the country’s economic growth impacts the daily lives of our fellow citizens. The crowd cheered upon hearing the announcement.
“Talo po natin ‘yung mga malalaking bansa. Talo po natin ‘yung mga mayayaman na bansa. Ang paglago po ng ekonomiya sinisiguro po natin may epekto ito sa pang-araw-araw na buhay ng ating mga kababayan,” the Chief Executive noted.
President Marcos humbly pointed out, “Hindi po nangyari ito dahil sa akin po. Nangyari po ito dahil ang husay ng Pilipino, dahil ang galing ng Pilipino, dahil malaki ang pusong pagmamahal sa bansa ng Pilipinas ng ating mga mamamayan.”
He said the government continues to build roads, ports, irrigation, and flood control systems to keep the economy growing and improve Filipinos’ lives.
The President said that the government inaugurated Phase 1 of the LRT-1 Cavite Extension Project in November, adding five new stations to the rail system.
“Bukod dito (LRT extensions), tuloy-tuloy pa ang pagpapatayo, pagpapaayos, at pagpapalawig ng samu’t saring tulay, daan, at pantalan sa buong bansa,” he said.
“Sa buong Pilipinas po ay napakarami nating mga malalaking proyekto na naglalagay hindi lamang ng mga kalsada, kung hindi pati na ‘yung mga flood control, pati na ‘yung mga dam para sa irigasyon ng ating mga magsasaka.”
The President highlighted the country’s record-low unemployment rate last year, the lowest in two decades.
The Philippines posted a year-on-year gross domestic product (GDP) growth of 5.2 percent in the fourth quarter of 2024, which brought last year’s full-year GDP growth to 5.6 percent. | PND
