The economy is moving in the right direction under President Marcos.
Thus, said House Speaker Martin Romualdez in reaction to the 5.4 percent gross domestic product (GDP) growth posted by the Philippines in the first quarter of 2025.
“This growth means more than just numbers. It means jobs, livelihood, and greater economic activity in our communities. The economy is moving—and it’s moving in the right direction, because the President’s policies are working not only for investors and big businesses but more importantly for ordinary Filipinos," Romualdez said.
The Speaker said the 5.4 percent GDP growth--which matched that of China and surpassed Indonesia and Malaysia's growth--translates to more opportunities for work, stronger support for small businesses, increased public investments in infrastructure and agriculture, and better government services funded by rising revenues.
“As more sectors grow, from manufacturing to construction, logistics, tourism, and digital services, we are seeing more hiring, more spending, and more money circulating in our barangays and local economies,” Romualdez said.
“Ibig sabihin po nito, mas maraming trabaho, mas mataas ang kumpiyansa ng negosyo, at mas marami ang inaasahang benepisyo para sa bawat pamilyang Pilipino (This translates to more jobs, higher business confidence, and greater expected benefits for every Filipino family)," he explained.
Moving forward, Romualdez said that the House of Representatives will continue to pass laws aligned with President Marcos’ 8-Point Socioeconomic Agenda, especially those that ensure food security, digital transformation, energy sustainability, and social protection.
“We are determined to make sure that this growth reaches every Filipino home—from the farmers in the provinces, to workers in the cities, to small entrepreneurs trying to recover from the pandemic,” said the Leyte 1st district congressman.
The International Monetary Fund (IMF) earlier projected a full-year growth of 5.5 percent for the Philippines in 2025, closely following the 5.6% expansion achieved in 2024.
The country’s first-quarter growth performance proves that the Marcos administration is well on track to meet these forecasts.
“This is proof that under PBBM, our economy is not just growing—it is growing with direction and discipline. The foundation is strong, the vision is clear, and the Filipino people will be the ultimate beneficiaries of our success,” Romualdez said.