MANILA – The financial workforce of President Ferdinand R. Marcos Jr. is scheduled to fulfill with the Japanese enterprise group on Friday to tout the Philippines’ strong economic system and lure extra investments.
The holding of the fourth Philippine Economic Briefing (PEB) coincides with Marcos’ official go to to Tokyo from Feb. 8 to 12.
“President Marcos’ trip seeks to further strengthen the strategic partnership between the Philippines and Japan, including economic and defense cooperation,” the Department of Budget and Management (DBM) stated in a press release on Thursday.
“The PEB, scheduled on February 10, will have the country’s economic managers discussing investment opportunities in the Philippines,” it added.
The financial managers becoming a member of Marcos on the Japan journey have been Finance Secretary Benjamin Diokno, Budget Secretary Amenah Pangandaman, Bangko Sentral ng Pilipinas governor Felipe Medalla, and National Economic and Development Authority director basic and Socioeconomic Planning Secretary Arsenio Balisacan.
During the primary a part of the PEB, Diokno would current the nation’s financial efficiency and outlook, whereas Pangandaman would talk about the vital options of the 2023 nationwide funds, in addition to the Marcos administration’s funds reform initiatives and precedence legislative agenda, the DBM stated.
The DBM stated there would even be a panel dialogue with the Philippine financial managers.
The second a part of the discussion board would cowl the infrastructure and business sectors, it added.
The Budget division stated Secretaries Alfredo Pascual (Trade), Manuel Bonoan (Public Works), Christina Frasco (Tourism), and Jaime Bautista (Transportation) would function panelists.
“President Marcos Jr. will deliver the keynote address,” the DBM stated. “To precede the forum are roundtable meetings with corporate leaders, signing of letters of intent or agreements, a luncheon and networking event, and a meeting with business forum organizers.”
Marcos is anticipated to talk earlier than “a whole lot of high Japanese enterprise leaders throughout the Philippine Business Opportunity seminar.
The President’s official go to to Japan is seen to generate round PHP150 billion in funding pledges that would open job alternatives to round 8,000 Filipinos, the Philippine Embassy in Tokyo stated.
The Marcos administration’s financial workforce has to this point carried out three PEBs. The current one was in Europe (Frankfurt in Germany and London within the United Kingdom) in January 2023 and the 2 earlier briefings have been in Singapore and the United States each held in September 2022.
Pangandaman earlier stated earlier PEBs have generated a optimistic response from worldwide enterprise leaders and buyers.
Marcos financial workforce is about to carry a sequence of briefings to market the Philippines within the enterprise group within the Middle East, Asia and Europe within the first half of 2023. (PNA)