Tuguegarao City, Cagayan – Presidential hopeful Senator Manny Pacquiao said on Saturday, November 20, that he will utilize his international celebrity status to get foreign investors to generate employment for poor Filipinos.
Sen. Pacquiao bared that he has ten friends who are billionaires and are ‘committed’ to investing in the country in the future.
The Presidential aspirant also cited that the only requirement of his friends are for him to exterminate corruption which has caused many foreign investors to halt investment plans to PH including high corporate taxes.
Sen. Pacquiao added that these billionaire investors also gave him a requirement to boost the power and internet supply of the country for them to consider their business moves.
“May mga kaibigan ako na mga malalaking negosyante at mga mayayaman sa ibang bansa na naka-ready na tumulong sa Pilipinas. Ayaw lang talaga nila itong napakatinding korapsyon sa ating gobyerno. Mahirap din po talagang makakuha ng investors sa bansa kung ang mga katabing bansa ay nasa 20 porsyento lang ang corporate tax. Kailangan nating pababain ang ating corporate tax at palakasin ang ating non-tax revenues,” Pacquiao said in a statement.
The Senator also pointed out that many foreign businessmen have halted their plans for PH due to the unpleasant climate for business along with unstable policies in economics long before the COVID-19 pandemic hit. TNF