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Marcos Needs State of the Nation to Revive Philippine Economy, Presidency

A year ago, Philippines President Ferdinand Marcos Jr.’s annual address to Congress shocked the nation with revelations of billions of dollars of graft involving flood-control schemes. The disclosure triggered an economic slump as projects slowed and consumers and businesses cut spending.

Marcos Needs State of the Nation to Revive Philippine Economy, Presidency

A year ago, Philippines President Ferdinand Marcos Jr.’s annual address to Congress shocked the nation with revelations of billions of dollars of graft involving flood-control schemes. The disclosure triggered an economic slump as projects slowed and consumers and businesses cut spending.

World News Bloomberg Jul 26, 2026

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