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Every Filipino will certainly be awaiting what President Ferdinand Marcos Jr. will say on July 25 when he delivers his first State of the Nation Address (SONA). The entire nation and the rest of the world will watch and hear that speech in which President Marcos, among other things, will unveil his six-year economic program.

On a gloomy day, noon of June 30, 2022, Ferdinand Marcos, Jr. became president of the Republic of the Philippines. In simple but refined ceremonies, Bongbong Marcos took his oath of office before Supreme Court Chief Justice Alexander Gesmundo, representatives of world leaders, government officials and the Filipino people. It caps a triumphant journey for Bongbong Marcos from a heartbreaking defeat in 2016, the unrelenting attacks on his family, to a historic and landslide victory in the May 2022 elections.

Political stability is key to economic growth, and we as a nation have achieved this in the past 20 years despite a myriad of challenges and natural disasters.


The democratic process is working in the Philippines and has led to vibrant discussions on political and economic reforms. The smooth transition of power last week is an example of how we as a democratic country matured, notwithstanding our political differences.