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'Business as usual' amid political tensions, says Economic chief

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MANILA, Philippines — National Economic Development Authority (NEDA) Secretary Arsenio Balisacan expressed confidence that the current political noise would not affect the performance of the Philippine economy, citing the government's 'sound and sustained' policies.

MANILA, Philippines — National Economic Development Authority Secretary Arsenio Balisacan expressed confidence that the current political noise would not affect the performance of the Philippine economy, citing the government's 'sound and sustained' policies.Balisacan issued the statement after meeting with President Ferdinand Marcos Jr., Senate President Francis Escudero and Speaker Martin Romualdez in Malacañang on Thursday.

'In fact, that has been the case for the Philippines since late 1990s, that the economy continued to progress despite the political noises simply because the economic policies and our directions have been broadly sustained,' he added.Balisacan said that the Marcos administration would continue to focus on meeting the targets set under the Philippine Development Plan to steer the country towards prosperity and resiliency.

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