Iloilo 4th District Representative Ferjenel Biron said there’s “nothing in particular” he hopes to hear in President Ferdinand Marcos Jr.’s fourth State of the Nation Address (SONA) on Monday, July 28.
Biron, however, expressed optimism that the President will highlight key accomplishments, particularly on the economic front.
The Ilonggo lawmaker cited Marcos’ recent official visit to Washington, D.C., during which he negotiated a reduction in U.S. tariff rates on Philippine exports from 20 percent to 19 percent.
“I’m optimistic of his SONA especially on the economic front after his state visit in the US, bargaining for lower tariff for Phil exports,” Biron told IMT NEWS.
Marcos concluded his trip on Wednesday, July securing over USD 21 billion in investment pledges from major American companies. These investments are expected to generate thousands of jobs and boost the Philippines’ industrial capacity, innovation ecosystem, and clean energy sector.
The President also announced a USD 15 million commitment from the U.S. government to support private sector growth through the Luzon Economic Corridor Initiative, along with USD 48 million in foreign-assisted programs for development projects.IMT
