Bongbong Marcos believes that a good leader must have the best people. Investments on the expertise of the workforce is a must to make the country great again. Migrant workers deserve concrete funding for their welfare like trainings to continue working. Perhaps housing and healthcare services for their return. Agriculture is also a priority.
Not a Subsidy
Farmers are often thought to receive subsidies. But for Bongbong Marcos, they are investments. The more the government spend on them, the more they can produce better products. His answers coincide with the veteran farmers during the Marcos regime.
Imports are Temporary
Importing goods is a remedy to stop the increase in prices. However, the agricultural sector’s development must continue to be self-sufficient. Local productions must be more than enough for the needs of the country. His father had the best system for farming on the land. Its revival is next when he becomes president.
The massive 17 billion dollars infrastructure investments popularly known as the Build Build Build project prevents the economy from being stagnant during the pandemic. This was an initiative of the late president Ferdinand Marcos. President Rodrigo Duterte followed his blueprint. His namesake runs for president in the 2022 elections. The son is called by the name Bongbong Marcos or BBM.
The Gold Reserves Helped
The Philippines is one of the largest holders of gold reserves. It’s estimated around 150 tons. Plus 100 billion dollars worth of cash reserves deposited by former President Marcos. They serve as collateral for government projects in a form of loans. Therefore, the BBM-Sara Uniteam promises political stability. This enhances foreign investments.
The Rising Economy
The country is on its way from a lower-middle-income country. It has a gross national income per capita of US$3,430 in 2020 to an upper-middle-income country (per capita income range of US$4,096–$12,695) in the short term. Economic growth is expected to further rebound as the pandemic eases up.