President Ferdinand R. Marcos Jr. described his performance for the year 2023 as “the year of structural changes,” which are significant in the country’s recovery from all economic challenges left by the COVID-19 pandemic.

In an interview with the press at the sidelines of the 50th Commemorative ASEAN-Japan Friendship and Cooperation Summit in Tokyo, President Marcos said that structural changes are the solutions to the problem left by the pandemic.

“This 2023 was really the year of structural changes,” President Marcos said during the Kapihan with the Media in Tokyo, Japan when asked to assess his performance for 2023 and what the goals of his administration are for the year to come.

“So, those structural changes were necessary because we have to remodel, or re-adjust rather, our – for example our fiscal policy, even our monetary policy, our spending policy, so that we are slowly moving – or not so slowly, so, we’re moving away from the COVID economy,” he added.

President Marcos said that the structural changes in 2023 will have a greater effect in 2024 as he emphasized that the administration has changed the structure of the different agencies by finding the best people for each of those positions.

On his outlook for 2024, the President said that the administration’s goal for the year to come does not change, which is to continue the modernization of the government.
“Medyo obsolete na ‘yung ibang structure natin sa gobyerno. That we continue to modernize, we continue to be responsive to the new economy, that we position ourselves properly,” President Marcos said.

“We’re moving in the right direction. But if you ask me, I’m always – I always say it’s too slow, it’s too slow, it’s too slow. So, we will just keep pushing and pushing and pushing para matapos lahat ito so that we can start to feel the effects of those changes that we made,” he added.

President Marcos arrived in Manila on Monday evening from his successful participation in the 50th Commemorative ASEAN-Japan Friendship and Cooperation Summit in Tokyo where he brought home *PhP14 billion* investment pledges from nine Japanese companies. (PCO)