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In a pressing call for economic action, Senator Joel Villanueva has strongly urged the government to intensify its support for the country’s Micro, Small, and Medium Enterprises (MSMEs). According to the Senator, this strategic focus is crucial for effectively addressing the lingering issues of unemployment and underemployment that continue to challenge the nation.
Senator Villanueva’s remarks come as a direct reaction to the latest job data, which he suggests highlights the urgent need for robust economic interventions. He firmly believes that MSMEs are not just small players but vital cogs in the economic machinery, holding immense potential to create jobs and stabilize livelihoods across the country.
Looking ahead, Senator Villanueva specifically advocated for the upcoming General Appropriations Act of 2026 to be strategically geared towards enhancing the competitiveness and ensuring the long-term sustainability of Filipino medium and small businesses. Such a legislative focus, he argues, would not only stimulate economic growth but also pave the way for a more inclusive and resilient job market.
By championing MSMEs, the government has an opportunity to empower local entrepreneurs, foster innovation, and build a stronger economic foundation that benefits all Filipinos, offering a tangible solution to critical employment challenges.
Source: Original Article
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