The 3 Overarching Goals of the Marcos Jr. Administration according to his economic team
Finance Secretary Benjamin Diokno outlined the three “overarching” goals that the economic team of President Ferdinand Marcos Jr. will set out to achieve by 2028.
- Reduce the deficit-to-GDP ratio to 3% (the deficit is the difference between national government revenues and expenditures).
- Achieve upper-middle-income status where per capita income for Filipinos is at $4,046.
- Bring down poverty incidence to 9% (poverty incidence is the proportion of poor individuals whose per capita income is not sufficient to meet their basic needs.
Source: Philippine Information Agency Gitnang Luzon
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