PRESIDENT Ferdinand “Bongbong” Marcos Jr. will present the Philippine Development Plan (PDP) 2023 to 2028 in December this year, said Socioeconomic Planning Secretary Arsenio Balisacan on Tuesday, November 15, 2022.

“It will come out next month and we already briefed him on what the major elements… the key elements of those plans, and he provided comments, suggestions moving forward,” said Balisacan, who also heads the National Economic and Development Authority (Neda), after his meeting with Marcos in Malacañang.

He said the plan involves actionable strategies to develop the domestic market considering its vast potential for both foreign and local investors.

Marcos, in his meeting with global leaders at the recently concluded Association of Southeast Asian Nations (Asean) Summits in Phnom Penh, expressed the country’s commitment to develop the domestic market.

“He emphasized that the plan should address the concerns of the development… of the local markets. Tama naman, ensuring that they receive the same assistance,” Balisacan said.

He said this is the first time the PDP will be presented before the start of the first full year of the President.

“Ang nangyari noon is all the ships are already in the middle of the sea. They are casting their own nets na. Ngayon nandiyan. So there is now greater opportunity and for coordination ng agencies,” Balisacan said.

He assured that a framework for regular monitoring and evaluation of the plan’s implementation is also in place.

“So every year, we will provide a report to the President and how the plan is being implemented and the performance and the various metrics or targets that have [been] indicated in the plan,” he added. (PR)