TODAY’S PAPER EDITION: HEADLINE: BBM’s SONA: Just a simple affair

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BUSINESS

BBM’s 1st SONA: What we want to hear

BIZLINKS – Rey Gamboa – The Philippine Star
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With President Marcos (BBM) expressing food security as his priority almost from the first day he assumed office, we can expect this to take up a large part of his speech during his first State of the Nation Address (SONA) this coming Monday.

To many Filipinos, the issue of food security is more related to high prices, especially with pork and chicken costs at certain points during the last few months jarringly rising by double digits. After enjoying years of low inflation, such price rises have been unsettling to a point that even a popular government may find too difficult to handle.

Definitely, such is not the kind of problem that BBM would want on his first year of office, especially when the cost of living becomes unbearably high for daily wage workers who comprise more than half of the country’s population.

The nation will definitely want to hear what the President will do to temper high food prices, which unfortunately is something largely influenced by factors beyond his – or for that matter, many of the world’s leaders’ – control and influence.

The reality is that, as long as the pandemic, wars, and even climate disturbances threaten to disrupt world supply chains and crude oil pricing in a way that we’ve seen these last two years, a return to the more normal pacing in everyday living cannot be expected.

Still, BBM must talk about the steps his government plans to cushion the pain that Filipinos are currently bearing and will be forced to put up with for at least a few more months to come.

READ MORE:   https://www.philstar.com/business/2022/07/21/2196804/bbms-1st-sona-what-we-want-hear

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