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Special Issue NOVEMBER 11 - 17 2024

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BONGBONG MARCOS ADMINISTARTION

Ferdinand “Bongbong” Marcos Jr.’s presidency, which began in June 2022, has marked a significant return of a prominent political family to power in the Philippines. Despite the heavy scrutiny and high expectations associated with his name, Marcos Jr.'s administration has demonstrated several notable strengths.


The administration has prioritized economic stability and growth, continuing the economic reforms of his predecessor, Rodrigo Duterte, and introducing new measures to stimulate the economy. A key focus has been on expanding infrastructure development through the "Build, Build, Build" program, aimed at improving transportation, digital infrastructure, and regional development. This approach is intended to boost economic productivity and enhance living standards across the country. Fiscal discipline is also a priority, with efforts to manage public debt and control inflation to create a favorable environment for investment.


In foreign policy, Marcos Jr. has adopted a balanced approach, working to strengthen ties with traditional allies like the United States while also engaging with China, particularly on South China Sea issues. His administration aims to protect Philippine sovereignty while fostering positive relations and diversifying international partnerships to attract investment and open new markets.


Agriculture and food security have been major focuses, with Marcos Jr. himself serving as Agriculture Secretary. The administration has emphasized modernizing agriculture, improving farmer productivity, and ensuring food security amidst global challenges. Programs to enhance access to credit, technology, and markets for farmers, as well as efforts to increase local food production, are central to this focus.

Marcos Jr. entered office with a strong political mandate, which has given him a solid platform to pursue his policies. His administration’s responsiveness to public concerns and its emphasis on unity and nation-building have helped maintain popular support and create a sense of stability.


The administration is also committed to advancing digital transformation, improving digital infrastructure, and fostering innovation to ensure the Philippines remains competitive in the global digital economy. Efforts include expanding internet access, boosting digital literacy, and supporting the tech sector.


In terms of crisis management, particularly in responding to natural disasters and public health emergencies, the administration has improved disaster preparedness, early warning systems, and inter-agency coordination. These measures are crucial for building national resilience against an unpredictable climate and global environment.


While the administration has shown considerable strengths, challenges such as poverty alleviation, corruption, and human rights issues remain. However, the administration's focus on economic stability, balanced foreign policy, agricultural development, technological advancement, and crisis management provides a strong foundation for addressing these issues and shaping the future of the Philippines.



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