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NewsTranscript
00:00 [Music]
00:13 Within one hour and 11 minutes,
00:16 President Bombo Marcos
00:18 killed his administration's members
00:20 in the first year in office.
00:22 He also identified various challenges
00:24 such as inflation and problems for smugglers.
00:27 Watch J.P. Soriano and Ivan Naidoo.
00:31 [Music]
00:34 The biggest problem for President Bombo Marcos
00:37 last year was inflation
00:39 or the rapid price of goods.
00:41 But the Philippines is still one of the fastest
00:43 in the Asian region.
00:45 The expansion of COVID restrictions helped.
00:48 It also helped in reducing the price of goods
00:51 of the smugglers
00:52 of the goods to be distributed throughout the country.
00:54 In spite of all the difficulties, we are transforming the economy.
00:58 We are stabilizing the prices of all critical commodities.
01:02 The President also identified
01:04 the members of the Department of Agriculture
01:06 that he led.
01:08 Now, the Bank of Bantana, El Nino,
01:10 he called to Congress
01:12 to pass a law on the Department of Water Resource Management.
01:15 He also warned the hoarders and smugglers.
01:18 The days of smugglers and hoarders are over.
01:22 [Applause]
01:25 The President also urged the administration
01:28 to work together
01:30 to improve the benefits of PhilHealth,
01:33 education, and the condition of OFWs.
01:36 The unpaid salaries and other related claims
01:39 of some 14,000 OFWs
01:42 who have been put out of work in Saudi Arabia
01:44 during the pandemic are now being processed.
01:47 Including tourism, housing,
01:49 fighting corruption, and digitalization of the government,
01:52 and the purchase of internet speed.
01:54 The administration also initiated infrastructure projects.
01:59 8.3 trillion pesos will be allocated for the Build Better More Program.
02:04 Others, to fund the country's unpaid debts,
02:08 built the Maharlika Investment Fund
02:10 in spite of the criticism.
02:13 A group of internationally recognized economic managers
02:16 shall oversee the operations of the fund,
02:19 guided by the principles of transparency and accountability.
02:24 This guarantees that investment decisions
02:27 will be based on financial considerations alone,
02:30 absent any political influence.
02:33 [Applause]
02:35 Along with the accomplishment report of the President,
02:38 his promises to other sectors,
02:41 to the electricity sector.
02:42 We will spare no effort to achieve full household electrification
02:46 by the end of my term.
02:48 100% is within our reach.
02:51 To the students.
02:53 We will not let a student's financial constraints
02:57 be an hindrance to his or her education.
03:00 And to the healthcare workers.
03:03 In order to pay back the sacrifices
03:06 of our health workers in private and public hospitals,
03:11 during the pandemic,
03:13 we will distribute their COVID health emergency allowance
03:18 and other benefits.
03:21 [Applause]
03:23 The President also explained about his foreign trips,
03:28 which reached 11 since his term began.
03:32 These economic missions have yielded an estimated total investment value
03:37 of 3.9 trillion pesos or 71 billion US dollars,
03:43 with the potential to generate 175,000 jobs.
03:47 [Applause]
03:48 TNB and AFP have been continuously strengthened
03:52 by the ongoing campaign against drugs
03:55 that has changed and has been able to help
03:58 the treatment and rehabilitation of drug addicts.
04:02 Unscrupulous law enforcers and others involved
04:05 in the highly nefarious drug trade have been exposed.
04:09 I will be accepting their resignations.
04:13 [Applause]
04:14 For the rebels who will return to the government,
04:18 the President will issue a proclamation for amnesty.
04:23 And when it comes to the sovereignty of the country,
04:26 he will have a dialogue.
04:29 At the end of the interview,
04:31 the President also said that the Philippines is in a good state.
04:36 I know that the state of the nation is sound and is improving.
04:42 The new Philippines has arrived.
04:45 Thank you very much.
04:47 [Applause]
04:51 In the ambush interview,
04:53 after the SONA,
04:54 President Marcos admitted that there is still a lot to be done.
04:58 [Indistinct chatter]
05:19 For GMA Integrated News, J.P. Soriano.
05:22 I am Ivan Mayrena, your witness.
05:26 [Music]
05:48 [Music]