PBBM, bumuo ng tanggapan na tututok sa pagpapatupad ng investments na pumapasok sa Pilipinas;
Pagtatatag ng matibay na monitoring system sa pagtugon sa mga hamong pang-ekonomiya, ipinag-utos ng Pangulo
Pagtatatag ng matibay na monitoring system sa pagtugon sa mga hamong pang-ekonomiya, ipinag-utos ng Pangulo
Category
đ
NewsTranscript
00:00 To ensure that the O-Wing investments of President Ferdinand R. Marcos Jr. will be fulfilled and the Philippines will become a top investment destination,
00:09 the President created a new position.
00:12 What is that? From the center of the news of Mark Petalco.
00:16 In the aim of making the Philippines a top investment destination,
00:22 President Ferdinand R. Marcos Jr. approved the Executive Order No. 49
00:28 that the Office of the Special Assistant to the President for Investment and Economic Affairs, or the OASA-PA, will form.
00:34 OASA-PA,
00:36 a far-reaching office that will ensure effective integration, coordination, and implementation of various government policies and programs
00:44 when it comes to building and economy.
00:47 In the said order, the President insisted that the mechanisms for implementing economic initiatives of the government should be strengthened.
00:56 The establishment of a strong monitoring system is also needed to ensure a holistic approach to the challenges of the economy that is currently facing the country.
01:05 The OASA-PA is led by the Special Assistant to the President for Investment and Economic Affairs, who has a rank of Secretary.
01:12 And now, it is led by Presidential Advisor on Investment and Economic Affairs, Frederick Roo.
01:19 As part of the responsibility of the OASA-PA, it is to provide timely strategic advice on economic issues,
01:26 including inflation, food security, and the high price of the primary goods.
01:31 It also ensures that the investment pledges that the Philippines is getting from other countries will materialize.
01:37 That is also the last visit of President Marcos Jr. to Tokyo, Japan,
01:42 which resulted in a sum of investment pledges worth Php 14 billion.
01:47 There are two parts today.
01:48 The signing of new MOUs, that's nine new MOUs with a total value of Php 14 billion.
01:55 But more importantly, about 20 plus companies gave updates to the President today of their pledges from the trip last February.
02:05 And on that part, we don't have the exact number today, but Php 169 billion of actualized investments from the trip earlier this year.
02:18 Based on the EO 49, the leadership of the OASA-PA will be the chairperson of the Economic Development Group or EDG,
02:24 while the NEDA and DOF will be the vice chairpersons of it.
02:28 The EO 49 was formed in accordance with the Philippine Development Plan 2023-2028 of the Marcos Administration.
02:35 Mark Fetalco, for the country.