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The Marcos administration continued its strategy of relying on international loans to fund the projects that would support the booming economy, prompting later economists to label this a period of "debt driven" growth. [15] Marcos’ infrastructure spending grew significantly. However, many projects did not produce economic returns.
In late November 2022, seven lawmakers in the Philippine House of Representatives, including Martin Romualdez and Sandro Marcos, filed House Bill No. 6398, [b] proposing the creation of a sovereign wealth fund for the Philippines to be known as the Maharlika Wealth Fund (MWF), inspired from South Korea's sovereign wealth fund.
The Impact of Trade on Employment in the Philippines: Country Report (PDF). Makati City, Philippines: International Labour Organization. April 2019. ISBN 978-92-2-133021-9. Archived from the original (PDF) on January 24, 2022. Villegas, Bernardo. Guide to Economics for Filipinos. Manila: Sinag-Tala, 2001. ISBN 971-554-138-0
Dutertenomics is a catch-all term referring to the socioeconomic policies of Rodrigo Duterte, the 16th president of the Philippines. A significant part of these policies include the development of infrastructure and industries in the Philippines. [1]
No. Title / Description Date signed Ref. 1 Abolishing the Presidential Anti Corruption Commission and the Office of the Cabinet Secretary.: June 30, 2022 [1]2 Reorganizing and Renaming the Presidential Communications Operations Office and its Attached Agencies into the Office of the Press Secretary, Abolishing the Office of the Presidential Spokesperson, and for Other Purposes
MANILA (Reuters) -Ferdinand Marcos, the son of the Philippine ruler overthrown in a popular uprising 36 years ago, was sworn in as the country's president on Thursday, promising to strive for ...
On June 13, 2024, Marcos, Jr. signed into law, R.A. 12001, the 'Real Property Valuation and Assessment Reform Act', part of Legislative-Executive Development Advisory Council and his 8-Point Socioeconomic Agenda.
Politics is the Marcos family business. Ezra Acayan/Getty ImagesSome 36 years after the People Power Revolution restored democracy to the Philippines, a member of perhaps the most brutal and ...