CALOOCAN CITY, (PIA) –President Ferdinand "Bongbong" Marcos Jr. is set to arrive home on Saturday after a six-day visit to Switzerland.
The President attended the World Economic Forum (WEF) in Davos and met with business leaders on the sidelines of the event to persuade them to invest in the Philippines.
His participation at the World Economic Forum (WEF) is expected to generate billions of investments for the Philippines as well as hundreds of new jobs for the Filipinos, his economic team said.
In a media briefing Finance Secretary Benjamin Diokno said lots have been accomplished during their meetings with the world’s top various leaders, businessmen during the opening session with the President.
Diokno said they were able to present the current state of the Philippine economy, adding that President Marcos was able to showcase the country on the global stage in his first year in the presidency.
For his part, Socioeconomic Planning Secretary Arsenio Balisacan said he thinks the challenge for the Philippines as an economy is articulating the good narrative about the country.
From the perspective of key decision-makers abroad, they would want to hear where the Philippines stands at the moment, he explained.
Balisacan said investors are asking how the country is moving forward, what the policy concerns and issues are, the measures being undertaken to make the economy more attractive for investors, as well as the reforms being advanced by the administration.
Meanwhile, Trade Secretary Alfredo Pascual said the President’s WEF attendance aroused investors’ interest in areas such as digital economy, minerals processing, logistics and transport, as well as micro, small and medium enterprises (MSMEs) operations.
Sen. Mark Villar, who also accompanied the President to Switzerland, said the President's meeting with business leaders will boost economic recovery and provide job opportunities. (pia-ncr/ with details from pco)