Reopening economy Marcos' key achievement in 1st year

By Catherine S. Valente

Jul 02, 2023 12:30 am

OPENING up the Philippine economy toward greater normalcy is the key accomplishment of President Ferdinand Marcos Jr. in his first year in office as it allowed the country to bounce back quickly from the pandemic, an economist said on Saturday.

In a media forum in Quezon City, Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said the Marcos government also started investing into the future with its goal of becoming a middle-income status country in the next few years.

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