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“The state shall promote a just and dynamic social order that will ensure the prosperity and
independence of the nation.” In what way can the country’s development be promoted?
Answer: The Philippines has a booming economy with enormous potential for further growth.
Based on, In recent years, the country has been one of the Asia's fastest-growing economies.
Thus, I proclaim that Philippines is grateful since President Rodrigo Duterte came to power in
2016 until now. On the other hand, in order to improve more the country, these legit things must
come to order. These are strong demand from business activities and infrastructure, driving
good behavior in terms of financial standard and a commitment to good corporate governance.
Therefore, I concluded that, our country, the Philippines is the world's 34th largest economy,
with significant development potential in the next years. Both the government and the central
bank have taken initiatives to improve the country's appeal to international investors. There are
barriers to overcome, including bureaucratic stumbling blocks, but the country is correctly
planning for a stronger future.