Newly-elected House Speaker Martin Romualdez is satisfied with President Ferdinand "Bongbong" Marcos Jr.'s first State of the Nation Address (SONA).
"For his first SONA, the President clearly spelled out a roadmap of governance in his six years of office. His message was crystal-clear: the main focus of his administration will be economic recovery, with agriculture as the major engine for growth and employment," Romualdez said shortly after Marcos delivered his SONA on Monday, July 25.
A few hours earlier, the 19th Congress commenced its first regular session. It was during this session that Romualdez was elected Speaker of the House as its sole nominee.
READ: https://mb.com.ph/2022/07/25/sole-nominee-romualdez-wins-speakership/
"The prospect of economic recovery looks bright with his plan to impose tax administration reforms and observe sound fiscal management. We also agree with his plan to prioritize government spending on items that will immediately address the economic scarring caused by the pandemic," he continued.
"President Marcos was spot on in identifying the major cause of low production in agriculture and high prices of agricultural goods, which is the high cost of inputs. The House of Representatives is committed to help him bring down the cost of farm inputs, including fertilizers, pesticides, and seeds," the Leyte 1st district representative said.
Marcos, in his one hour and 13-minute long address, touched on agriculture, his prioriry legislation, tax reform, and his economic strategy.
READ: https://mb.com.ph/2022/07/25/marcos-bares-plans-for-economic-recovery-in-first-sona/