00:00The Department of Budget and Management approved the Philippine economy to rise by 5.6% in 2024,
00:08according to Budget Secretary Amena Pangandaman, despite the ongoing typhoons.
00:14Other calamities in the country still caused our economy to rise and remain among the fastest-growing economies in the Asia-Pacific region.
00:24This is also due to the implementation of the government's plans,
00:28such as the so-called Build Better More Program, which has the largest role in the full-year growth rate.
00:35In addition, the improvement of budget utilization last year was also effective
00:40to increase the growth final consumption expenditure by 9.7%.
00:47Pangandaman will continue to implement the government's strategies on the Socio-Economic Agenda and Philippine Development 2023-2028.
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