PBBM: Pagmahal ng mga bilihin ang pinakamalaking problema sa bansa | UB - video Dailymotion

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Transcript

00:00 [Music]

00:12 The President gave his State of the Nation address

00:15 that the country's economy is still strong despite the trials.

00:18 The President also warned the agricultural smugglers.

00:22 The President also mentioned other things in his area in my first news.

00:26 [Music]

00:29 The biggest problem facing the country is the inflation or the price of goods,

00:33 according to the President.

00:34 To address this, there are policies and strategies that the government has announced

00:38 regarding the opening of Kadiwa Stores.

00:40 In the past months, we have seen the price of goods in different sectors decrease.

00:47 The goal of Kadiwa is to empower farmers and buyers.

00:54 There is no other way. There is no need to add, spend, and add.

01:00 The income of the farmers is good. The buyers can also save.

01:05 The President also said that some of the reasons for the price of goods to increase

01:09 are the smugglers and hoarders who manipulate the price of agricultural products.

01:14 We are chasing and we will catch them.

01:17 These days, smugglers and hoarders are already counted.

01:22 [Applause]

01:24 In the middle of the El Nino challenge, the government raised P14.6 billion

01:29 for water supply projects.

01:32 The buffer stock and the water supplies are being prepared.

01:36 If necessary, we will also do cloud seeding to bring rain.

01:43 Along with all of this, we are also urging our fellow citizens to save water.

01:50 Following the establishment of the Water Resource Management Office,

01:53 the President also said that he is also asking the Congress to form a government

01:58 that will focus on ensuring the adequate water supply.

02:01 The President also emphasized the connection of the supply of Luzon, Visayas, and Mindanao.

02:06 He also said that his government will aim for 100% electrification at the end of his term.

02:11 We are conducting a performance review of the National Grid Corporation of the Philippines.

02:17 We look to NGCP to complete all of its deliverables,

02:21 starting with the vital Mindanao-Visayas and Cebu-Negro-Spanay interconnections.

02:27 The President also emphasized the importance of infrastructure in the economy.

02:32 That's why he will continue to allocate 5 to 6% of GDP or Gross Domestic Product of the country

02:37 for infrastructure projects.

02:40 The President said that the Maharlika Investment Fund will greatly help in funding projects

02:44 and ensuring that the money of the people here is protected.

02:49 In pooling a small fraction of the considerable but underutilized government funds,

02:54 the funds shall be used to make high-impact and profitable investments,

02:58 such as the Build Better More Program.

03:01 The gains from the fund shall be reinvested into the country's economic well-being.

03:07 To ensure sound financial management,

03:09 a group of internationally recognized economic managers shall oversee the operations of the fund,

03:15 guided by the principles of transparency and accountability.

03:20 This guarantees that investment decisions will be based on financial considerations alone.

03:26 The President also promised that he will not issue Social Security and Public Health Insurance to the public.

03:31 The pension of military and uniformed personnel shall be fully functional and financially sustainable.

03:37 We are once again working closely with Congress to ease the transition from the old system to the new one.

03:44 So as to be able to guarantee that no effects are felt by those in the uniformed services.

03:51 [News Clip]

04:12 [Music]

PBBM: Pagmahal ng mga bilihin ang pinakamalaking problema sa bansa | UB

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