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(File photo) MANILA - Albay Rep. Joey Salceda on Monday said Finance Secretary Benjamin Diokno has agreed on the need for a medium-term fiscal plan, which Congress will institutionalize in a joint resolution to help accelerate economic growth and reduce the public debt ratio to 52.5 percent by 2028. "Secretary Diokno and I have agreed on the need for a medium-term fiscal plan that takes into account revenue as well as expenditure projections until 2028, the end of PBBM's (President Ferdinand 'Bongbong' Marcos Jr.) term," Salceda told reporters in a message. "I have committed to file the Joint Resolution on the matter, awaiting the incoming Speaker's instructions." Salceda, chair of the House committee on ways and means, said the panel is prepared to provide the needed legislative support for the revenue base under the joint resolution. He said the medium-term fiscal program will be a "path for revenues" to go from 15.3 percent of the gross

Benjamin dioknoFerdinand bongbong marcos jrJoey salcedaFinance secretary benjamin dioknoPresident ferdinandJoint resolutionHouse joint resolutionIle photo manila albay rep joey salceda on monday said finance secretary benjamin diokno has agreed the need fora medium term fiscal planHich congress will institutionalize ina joint resolution to help accelerate economic growth and reduce the public debt ratio 52 5 percent by 2028 quot secretary diokno andi have agreed on need fora medium term fiscal plan that takes into account revenue as well expenditure projections untilHe end of pbbm 39s president ferdinand 39 bongbong marcos jr termUot salceda told reporters ina message quoti have committed to file the joint resolution on matterWaiting the incoming speaker 39s instructions quot salcedaHair of the house committee on ways and meansAid the panel is prepared to provide needed legislative support for revenue base under joint resolution he said medium term fiscal program will bea quot path revenues go from 15 3 percent of gross domestic product gdp 17 6 and expenditures 22 9 20 in other wordsHe plan will aim to narrow the deficit just 3 percent by end of pbbm 39s termUot salceda said quot that