Romualdez, Salceda hail PH economic growth

House Speaker Ferdinand Martin Romualdez and Albay Rep. Joey Salceda assert that the Philippine economy is performing well under President Ferdinand Marcos Jr.'s administration, citing a 5.4 percent GDP growth in the first quarter of 2025.

Romualdez stated that this economic growth signifies increased job opportunities, livelihoods, and economic activity, indicating that the President's policies are benefiting ordinary Filipinos.

He further highlighted that growth across various sectors such as manufacturing, construction, logistics, tourism, and digital services is leading to more hiring, spending, and money circulation within local economies.

The Speaker believes that a stronger economy will result in more employment, enhanced business confidence, and improved benefits for Filipino families.

Despite the positive growth, the Philippine Statistics Authority noted that the 5.4 percent GDP increase fell short of market expectations, which the administration attributed to global challenges influenced by tariffs.