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Manila Bulletin devider Philippines devider National devider Marcos confident of PH's 'promising' future as inflation drops

Marcos confident of PH's 'promising' future as inflation drops

Published Dec 7, 2023 12:45 pm

At A Glance

  • According to Marcos, the data showed that Filipinos found opportunities and promised to work harder to get more investments.

President Marcos has expressed confidence that the Philippines will have a promising future following reports of the country's inflation rate dropping last month.

President Ferdinand 'Bongbong' Marcos Jr. (Bongbong Marcos/Facebook)
President Ferdinand 'Bongbong' Marcos Jr. (Bongbong Marcos/Facebook)

Marcos said this as he welcomed the report that the country's unemployment rate dropped to 4.2 percent in October 2023, the lowest since April 2015.

He likewise recognized the sharp inflation rate decline to 4.1 percent in November 2023.

In a Facebook post on Thursday evening, the President thought that the numbers meant the Philippines would have a promising future.

"The journey ahead is promising, and I am confident that with your support, we will continue to build a resilient and prosperous Bagong Pilipinas!" he wrote on Dec. 7 while in isolation after catching Covid-19.

According to Marcos, the data showed that Filipinos found opportunities and promised to work harder to get more investments.

"This is not just a number; it signifies the lives of millions of our fellow citizens who have found new opportunities," he said.

"Our dedication to fostering an environment conducive to trade and investment is paying off," he added.

Related Tags

Bongbong Marcos Unemployment rate inflation rate President Marcos
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