Finance Secretary Benjamin E. Diokno is calling on all Filipinos to embrace a positive and hopeful perspective as they look ahead to the new year and the economic opportunities it holds.
In his New Year's message, Diokno, who serves as the country's chief economic manager, spoke about the government's unwavering commitment to drive progress towards a more inclusive and sustainable future for all.
Diokno emphasized that the main goal of the government is to foster economic growth that allows every Filipino to actively partake in and benefit from the nation's advancement where no one is left behind.
“As we enter 2024, let us embrace our aspiration of a stronger and more prosperous Philippine economy,” Diokno stated.
Amid a backdrop of high inflation and interest rates, the Philippines concluded the year 2023 marred by a series of challenges.
President Marcos' economic mangers, headed by Diokno, also faced additional pressure due to political uncertainties, with persistent rumors surrounding potential changes within the team.
Even amid adversity, Diokno assured the unity of the Marcos administration and its "close collaboration" with the economic team.
In December, President Marcos appointed Frederick D. Go, his Presidential Adviser on Investment and Economic Affairs, to lead the newly minted Office of the Special Assistant to the President for Investment and Economic Affairs with the rank of a Secretary.
Adding to Go's portfolio, the former president and chief executive officer of Robinsons Land Corp. now steers the Economic Development Group, a responsibility once shouldered by Diokno.
“With a united government effort and close collaboration with the economic team, we are committed to run faster and further towards an inclusive and sustainable future - one where every Filipino reaps the rewards of economic progress,” the finance chief said.
The Marcos administration has set the gross domestic product (GDP) growth target for 2024 at 6.5 percent to 8.0 percent.