Aying The Country Is On Track To Reach Quot Upper Middle Income Status By 2024 He Expressed Confidence That Philippine Development Plan 2023 2028 Would Help His Administration Transform Philippines Intoa Prosperous News Today : Breaking News, Live Updates & Top Stories | Vimarsana
President Ferdinand R. Marcos Jr. (File photo) MANILA - President Ferdinand R. Marcos Jr. said he believes it is "only a matter of time" before ordinary Filipinos start feeling the effects of economic growth in the country. "Kaunting panahon na lang ay madadama na natin ang magagandang epekto nito sa ating ekonomiya at sa kabuhayan ng ating mga kababayan (It's only a matter of time before we feel its good effects on our economy and the livelihood of our countrymen)," he said in his official Facebook page. Marcos made this remark as he welcomed a report showing that investments registered with the Board of Investments (BOI) reached more than PHP414 billion in the first 40 days of 2023. This amount accounts for more than 40 percent of the PHP1 trillion investment target for the year. Earlier in the day, Department of Trade and Industry (DTI) Secretary Alfredo Pascual, who chairs the BOI, revised the bureau's investment approval targets from PHP1 trillion to PH