ManilaTimes-Jan 22

The Philippines has earned a spot in the “VIP Club” in Southeast Asia because of its strong economic performance despite global challenges, President Ferdinand Marcos Jr. said. The elite group — Vietnam, Indonesia, Philippines — is made up of the best-performing economies in the region. The Chief Executive said that he learned of the development during his trip to the World Economic Forum in Davos, Switzerland which served as a platform for him to showcase the Philippine economy’s strong performance. “Everything good happened because we were able to meet and speak with well-known economic leaders as well as political leaders,” Marcos said. “The process that we undertook really in Davos was not simply to highlight the new economic situation, the new policies, and the new concepts that we are promoting in the Philippines today, but also to learn from the world leaders and the world economic leaders what part the Philippines can play in this fragmented world,” he added. While there, Marcos highlighted his administration’s policies, including the Philippine Development Plan, the 8-Point Socioeconomic Agenda, and “various other policies and legislations that spotlight the economic reforms of the Philippines that have led to its sustained growth.” Read more at: https://www.manilatimes.net/2023/01/22/news/ph-joins-elite-club-of-best-performing-economies-in-southeast-asia/1875358