Philippines on track for top economic recovery thanks to US$14.2bil FDI since July 2022, says House Speaker

Ferdinand Martin G. Romualdez (House Speaker, 19th Congress). - Image from The Philippine Daily Inquirer/ANN

MANILA (Philippine Daily Inquirer/ANN): House Speaker Ferdinand Martin Romualdez said on Sunday that the Philippines is on the right track towards recovery from the impacts of the Covid-19 pandemic, citing the country’s netting of US$14.2 billion in foreign direct investment (FDI) projects since July 2022.

According to Romualdez, President Ferdinand “Bongbong” Marcos Jr.’s overseas trips are “yielding results” and said that the Philippines is “making steady progress.”