PBBM, bumuo ng tanggapan na tututok sa pagpapatupad ng investments na pumapasok sa Pilipinas;

last year

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

Transcript

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.

PBBM, bumuo ng tanggapan na tututok sa pagpapatupad ng investments na pumapasok sa Pilipinas;

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