Malacañang said investor confidence is expected to rise as the Marcos administration intensifies efforts to clean up corruption and hold officials accountable for the misuse of public funds.

Presidential Communications Office (PCO) Undersecretary Claire Castro said investors are closely watching how the government addresses corruption, particularly the anomalies uncovered in flood control projects.

“Sa ating pagkakatingin, nakikita ng mga investors kung paano nililinis ng kasalukuyang administrasyon ang ating bansa mula sa korapsyon, sa isyu ng pang-aabuso sa pondo ng bayan (In our view, investors can see how the current administration is cleaning up the country from corruption, particularly issues involving the abuse of public funds),” she said.

Castro said the administration’s actions send a strong signal that accountability is being enforced at all levels of government.

She noted that demonstrating seriousness in pursuing those responsible for anomalous projects strengthens both investor confidence and public trust in President Marcos and his administration.

In line with this, President Marcos has ordered all government agencies to submit progress reports every two weeks on priority programs and projects.

“Ipag-uutos din ni Pangulong Marcos Jr. ang pagmo-monitor sa mga ahensiya at kanilang mga proyekto kada dalawang linggo para makita ang progress or progreso nito (President Marcos Jr. has also ordered the monitoring of agencies and their projects every two weeks to see their progress),” Castro said.

The President has warned agencies against submitting inaccurate or embellished reports.

“Huwag ninyong subukang magbigay ng maling report (Do not try to submit false reports),” Castro said.

According to the Palace Press Officer, a monitoring mechanism will be put in place to verify the accuracy of reports and prevent overstated accomplishments.

“Ang sinabi niya, kapag nagkaroon ng report, ayaw niya na dahil lang sa magkakaroon ng monitoring every two weeks ay maliin ang report o papogiin ang report (What he said is that once reports are submitted, he does not want them to be falsified or made to look better just because there is monitoring every two weeks),” she said.

Castro warned that officials or personnel who submit false or misleading reports may face sanctions, including dismissal from government service.

She said the President expects public servants to deliver honest reporting and high-quality service to the public as part of the administration’s reform agenda.

Early this week, Castro said the President has made it clear that officials who engage in corruption will not be protected.

“Alam naman po ng bawat ahensiya at ng lahat ng kawani ng gobyerno na nais ng Pangulo na malinis ang gobyernong ito mula sa korapsyon (Every agency and every government employee knows that the President wants this government to be free from corruption),” she said.

“Kung hindi po sila aayon sa kagustuhan ng Pangulo na maging malinis ang gobyerno mula sa korapsyon, maaari silang matanggal sa puwesto (If they do not comply with the President’s desire for a corruption-free government, they can be removed from office),” she added.