One hundred days into his presidency, Philippine President Ferdinand “Bongbong” Marcos Jr. is welcomed by a multitude of economic issues that require urgent action. The administration’s policies in the short-term is a deciding factor on how the country revives its pandemic-stricken economy. With the promise of bringing back the “golden age”, there is a lot to expect from Marcos Jr. in his first three months in office.
In his inaugural speech, the president maintained a positive outlook for the growth of the Philippine economy and projected a 6.5 to 8 percent increase in the Gross Domestic Product (GDP) by the end of his term. Marcos Jr.’s economic team revealed its eight-point economic agenda that puts public health, employment, and inflation at the forefront of the administration’s priorities.
Brought to you by the Academic Affairs Committee of Ecosoc, #EcoKNOWmics aims to break down economic concepts in today’s pressing issues, highlighting the impacts of policies and legislations from an economic perspective.