Video message of President Ferdinand R. Marcos Jr. on the Philippines officially becoming an upper-middle-income country

Magandang araw sa aking mga minamahal na kababayan!

For years, Filipinos have worked hard to build this country. Today, the world has taken notice.

The Philippines has officially become an Upper-Middle-Income Country.

After nearly four decades as a lower-middle-income country since 1987, this milestone affirms that the economic policies we have pursued over the past four years have been effective. Our steady economic growth, broadly stable currency and long-term reforms have strengthened our economy even amid global uncertainties. It validates the progress we have made and the resilience of the Filipino people.

It is also a vote of confidence in our country’s future. Greater confidence means more investments. More investments mean more businesses, better quality jobs and more opportunities for Filipino families.

This is worth celebrating because economic progress is not meant to stay on paper. It is meant to open doors, put food on the table and give every Filipino the chance to build a better life.

That is the work we will continue to do until every family feels the benefits of our country’s progress.

Maraming Salamat po!

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