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PH generated goodwill, high interest from global economic leaders --- PBBM

Published Jan 21, 2023 07:02 pm

President Ferdinand "Bongbong" Marcos Jr. capped off on Saturday his five-day participation at the World Economic Forum (WEF) in Davos, Switzerland, where he said the Philippines managed to articulate its concerns that have impacts on the lives and the livelihood of the Filipinos.

The President arrived by 4 p.m. at the Villamor Air Base in Pasay City, where he reported about his debut in the gathering of world and top business leaders.

Following his series of meetings with several influential personalities, Marcos said the measure of his trip's success will now only be measured by "how much of this we can bring to fruition."

Noel Pabalate/MANILA BULLETIN

This, as he said his WEF attendance "yielded beneficial outcomes relative to new trade and investment opportunities" as well as forge a sense of support from other countries for the Philippine development program.

"I'm pleased with the progress we have made during our crucial participation in the World Economic Forum, a truly global multi-stakeholder platform," he said in his speech.

Unlike his other recent trips, the WEF "is fairly unique," according to the President. This was because he was able to generate a medium to long-term good will and interest for the Philippines, the Filipino enterprises and the people.

"Through the multi-stakeholder platform provided by the World Economic Forum, the Philippines is able to articulate and exchange views on pressing issues that impact on the lives and livelihood of all Filipinos," Marcos said.

But aside from that, Marcos said he was able to position the Philippines in the global economy.

"Our WEF engagement has enabled the many leaders and experts in government, in business, civil organizations and in the academe that were in attendance to receive the good news that the Philippines is leading the economic recovery performance not only in the Asia-Pacific, but also in the world," he said.

Marcos said he took pride in how the Philippines is not only driving the economic growth, but is also "helping mend the fissures that have fragmented the world."

"I also drew attention to the Philippines' work across trade and investment, monetary and fiscal policies, food and energy security, climate action, structural reforms, digitalization, public-private partnerships, health and nutrition, education, and other social services," he added.

Marcos said he shared to other leaders the Filipino insights and experience in being a resilient, hardworking people, uniting in adversity, looking out for each other in crisis.

Assessing his trip, Marcos concluded that his WEF participation was not only to highlight the present economic situation and policies, but also to learn from the world and world economic leaders "what part the Philippines can play in this fragmented world."

"That was the main theme in this entire forum is how do we bring back cooperation in a fragmented world. And we are seen to play a part in that and especially as a member state of ASEAN and as a leading economy in Asia," he said.

The President said that the government will now work on the discussions it had with others countries and develop its contacts "until we see the final results of these endeavors."

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Bongbong Marcos DAVOS SWITZERLAND World Economic Forum ARRIVAL SPEECH
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