Marcos admin accomplishes economic milestones in 2024 which positions PH as one of Asia’s fastest-growing economies
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NewsTranscript
00:00The Department of Finance, or DOF, reported the Marquez administration has marked 2024
00:07as a standout year for economic progress, positioning the country as one of Asia's
00:12fastest-growing economies despite global challenges like geopolitical tensions.
00:18According to Finance Chief Ralph Recto, this year marks a triumph for the Filipino people
00:23with a government dedicated to ensuring inclusive growth, improved livelihoods, and quality
00:30jobs.
00:31Meanwhile, under the refined medium-term fiscal program, the country's deficit and debt
00:36are expected to reduce in a realistic manner while funding long-term investments to boost
00:43jobs, incomes, and poverty reduction.