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Increased but controlled spending key to maintain RP's economic resiliency – PGMA


President Gloria Macapagal-Arroyo revealed here yesterday her government’s “battle plan” and strategy on how to keep the country’s economic resiliency in the face of the threat of recession confronting the entire world.

By embarking on increased but “controlled” spending on vital food, energy and infrastructure programs, the President said “we will be able to “secure our food, fuel and rice needs.” “So we intend to increase our spending and direct this spending to secure our food, fuel and rice needs which means investing in food security and energy security and also in jumpstarting our economy by investing in long delayed infrastructures – infrastructures that were needed from decades ago which we could not afford until now,” she added. President Arroyo spelled out her battle strategy to reporters on the sidelines of the 20th Anniversary of ASEAN-ROK Commemorative Leaders Summit yesterday. The President further pointed out that aside from the above-mentioned list of “spend-worthy” items, human and physical infrastructures are equally critical. “Spending in human and physical infrastructure means investments in education, healthcare and social services along with roads, bridges and ports,” the President stressed. She vowed, however, that this calculated and planned spending would not be used improperly assuring that “we will maintain benchmarks of fiscal discipline so that we will continue to have a stable macro-economic environment.” “The important thing is that we have jobs, jobs, jobs and jobs for our people,” the President emphasized.

Other News


September 08, 2025
PHILIPPINE EMBASSY WELCOMES KDIS-DAP INTERNATIONAL SHUTTLE COURSE ON DIGITAL TRANSFORMATION DELEGATES

04 September 2025, Seoul – The Philippine Embassy in Seoul, led by Chargé d’Affaires, a.i. Edwin Gil Q. Mendoza, welcomed Former Senator Francis Tolentino, local chief executives and national government officials participating in the International Shuttle Course (ISC) on Digital Transformation in the Public Sector program of the Development Academy of the Philippines (DAP) and Korea Development Institute School of Public Policy and Management (KDIS) on 02 September 2025. During their visit, the delegation were given a brief overview by Embassy officials of the relations between the Philippines and the Republic of Korea.  In his remarks, CDA a.i. Mendoza acknowledged the important role of local government units in strengthening engagement with other countries. “Diplomacy begins where our people live, in our towns, cities and provinces. It begins with our local government officials who build the trust and confidence of citizens every single day. In several cases, domestic policy informs foreign policy,” he said. Third Secretary and Vice Consul Reisha Olavario presented an overview of PH-ROK relations covering key aspects of bilateral relations and shared ROK’s best practices in digital transformation that may be applied by local government units in the Philippines. Former Senator Tolentino, Mission Leader of DAP-ISC, reaffirmed the outstanding relations between the Philippines and the Republic of Korea. During his term as the Vice Chairman of the Senate Committee on Foreign Relations, Senator Tolentino provided instrumental support for the bilateral free trade agreement and defense procurement projects between both nations. As the proponent of the DAP Adaptive Governance and Innovation for Local Executives (AGILE) Program, the former Senator encouraged the delegates to continue working for a better and connected Philippines. Professor Hai-young Yun, Assistant Dean of External Relations of KDIS expressed appreciation for the support extended by the Embassy to its programs, stressing the important role the latter plays in helping delegates gain a deeper understanding of the multi-faceted relations between the Philippines and the ROK. The Philippine Embassy in Seoul continues to emphasize the importance of sub-national diplomacy by supporting capacity-building and knowledge-exchange activities such as DAP-ISC.  By focusing on digital transformation and innovation in governance, the DAP-ISC program harnesses ROK leadership in technology for public service delivery and helps local government units translate these lessons into context with strategies that will empower communities and make cities more efficient, responsive and future-ready. END

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September 08, 2025
PHILIPPINES ADVANCES REGIONAL COOPERATION AT APEC ENERGY MINISTERIAL IN BUSAN

Busan, Korea – The Philippine Embassy in Seoul joined the Department of Energy delegation led by Undersecretary Rowena Cristina L. Guevara at the 15th APEC Energy Ministerial Meeting (EMM15) from 27-28 August 2025, where she reaffirmed the Philippines’ commitment to work with APEC partners in advancing clean energy, modernizing infrastructure, and building resilient systems for a sustainable and inclusive Asia-Pacific future. 

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September 05, 2025
PHILIPPINE EMBASSY HOLDS 2025 PALARONG PINOY AND FAMILY DAY IN JEJU, SOUTH KOREA

31 August 2025, Jeju, South Korea — The Philippine Embassy in Seoul successfully held the 2025 Palarong Pinoy and Multicultural Family Day on 31 August 2025 at the Shimin Bokji Citizens Welfare Town Plaza in Jeju-si, South Korea. This vibrant event is part of the Embassy’s ongoing cultural diplomacy and community engagement efforts aimed at fostering unity and cultural pride among overseas Filipino workers (OFWs), Filipino marriage migrants, and multicultural families in South Korea.

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