Given the inflation story out of Philippines right now I have to wonder how you see this impacting consumption and overall growth
in the country. Well it's inflation he says that they are seeing as it's very much imported and obviously we let them get at it.
I wouldn't go. So we're expecting growth for the share at the beginning of the year to around 7 to 8 percent.
But many things have happened since then. And now we are still confident that we'll achieve 6 percent growth and that all that
takes into account the current problems in the global and domestic markets. What measures are you going to be undergoing
under this Marco's administration now to to try to tame inflation. What we see on the policy front. Well the that the
goal is to rapidly ramp up our economic recovery while leaving the day with a slight peak in the prices will help improve our
capacity to address supply by the lakes. We'll need to work closely with our trading partners to make sure that we will have
the access to the food supply in particular and basic inputs needed for our manufacturing and other industries to ensure that
as they attempt to clamp down on exports to protect their domestic markets. I said a reliable trading partner shouldn't
be affected by that. So that's that's one. We are also looking obviously at maybe why a lot of domestic issues and map's supply
bottlenecks particularly now and imports ISE less. Also addressing a lot of domestic production. There are large
opportunities for us to improve our supply. Response of our medical to high prices and in our agricultural production is
quite short term and we should be able to do respond to these high prices because those are incentives for our farmers so we
hopefully can get these things going. Secretary. So know with a climate where you are under the cosh
economically speaking what can you do socio economically as as planning planning secretary here. You got key infrastructure
projects. Can you make those work in this economic sense. And tell me what your core objectives are in your portfolio will be
the second priority for our socio economic planning hence the National Economic and Development Authority and that is the
agency of government that prepares the development blueprint of the country. So we essentially coordinate the stop and use the
policy as the main project driver. So about economy and in coordination with that the ministry is these plans and programs
that are approved by the president. And so we essentially help the president advise the president through interagency
committees in forging a development path for the country both for the near-term and then medium term. So the key a strategy is
as I said and policies including those that involve the following economic policies would have to be coming from our
agency and by seeing the our partners in government and effort and particularly the secretary. And so he said you know if you
are going to continue with double sets what are you going to continue with the terms of his administration's infrastructure
plans. And if so where will you get the money. Well yes we'd given the backlogs and infrastructure programs and this is the
best doctor means for our economic development. We definitely need to sustain the ramping up of our infrastructure development
and we don't see any reason. Why we should not continue the administrations bill bill build programs. In fact the
instruction of our our our income president is to continue the the
the end for the implementation of all of these projects particularly
those that are already ongoing and near completion. We'll be launching many more now with respect to funding this
infrastructure program. We will lead a sort. So do I. That means I say both internal and
external. We extend a line I mean bilateral and multilateral sources. And by internal I mean the the government's sources as
well as we and our private sector. We will reinvigorate public private partnership
trust building infrastructure. So DDA Secretary are you saying that you do you do believe that
there is a need to make upon the brakes when it comes to foreign funding of foreign loans to fund infrastructure and possibly
allow some of the private sector to develop these viable projects.
Yes. That's so much for practical considerations. And also I believe that that the private sector's participation in our
massive infrastructure development requirements. This is clearly obvious given the fiscal bind that we are facing.
And besides we also believe that this private sector capital can bring in innovations technology in the improvement and
management about public services. So there is much that that can be gained from getting the private sector involved in our
infrastructure. Secondly we've run out of time but really really want to thank
you for coming on the program.