THE House of Representatives is ready to hear the accomplishments of the administration of President Ferdinand Marcos Jr. through his third State of the Nation Address (SONA), Speaker Martin Romualdez said Tuesday.
The President is set to deliver this year’s SONA on July 22 at the House’s plenary hall in Quezon City, and Romualdez said that the preparations for the event have been successful.
“The anticipation within the hallowed halls of this august chamber is palpable as we stand ready to hear and appreciate the accomplishments of the Marcos administration,” he said.
House of Representatives
“It fills me with immense pride to recognize the significant role that the House of Representatives has played [well] in crafting legislation and policies that promote the welfare of all Filipinos. We are excited for the President’s SONA because we know he has many positive developments to share with the nation,” Romualdez said.
“This important address will provide a comprehensive overview of the administration’s progress and set the stage for future legislative initiatives that will shape the nation’s path forward,” the House leader said.
Strong wins to tout
The President “has strong wins to tout” for this year’s SONA, Albay 2nd District Rep. Joey Salceda said.
“While challenges remain, inflation is down to 3.7 percent, within the target range. Unemployment is at 4.1 percent, strong considering our high interest rates. Growth is at 5.7 percent, solid considering China’s slowdown and the generally hostile global conditions”, Salceda said in a statement.
The lawmaker added that Marcos Jr. had secured a rice supply agreement with India.
He said the President “will be able to secure even more supply as India eases export restrictions.”
“In other words, the President can resolutely say that things are getting and are about to get better,” said Salceda, the chairman of the House Committee on Ways and Means.
Salceda also expected Marcos Jr. “to announce new big-ticket plans for Maharlika,” Public-Private Partnerships, and investments in general.
Last year, the President signed Republic Act 11954 or the Maharlika Investment Fund Act. The fund is the country’s first sovereign wealth fund.
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