President Ferdinand “Bongbong” Marcos Jr. dismissed concerns that Vice President Sara Duterte’s impeachment could destabilize the Philippine economy during a press briefing on Thursday, February 6, 2025. His remarks followed the House of Representatives’ overwhelming endorsement of impeachment charges against Duterte, a move that has sparked fierce political debate.
“I don’t see any effect as long as we continue all our plans, strategies on investment, and structural reforms,” Marcos stated. “That’s what investors care about.” He emphasized continuity in his administration’s economic policies, including efforts to attract foreign investments and modernize infrastructure.
The impeachment, backed by 215 lawmakers, accuses Duterte of undisclosed charges outlined in a verified complaint. While the specifics remain confidential, the House swiftly transmitted the case to the Senate for trial. However, Congress adjourned for recess shortly after, delaying proceedings until June 2025 to accommodate the Eleksyon 2025 campaign period.
Senate Postpones Trial as Election Campaign Begins
Senate President Francis “Chiz” Escudero confirmed the impeachment trial would not begin until sessions resume mid-2025. This delay leaves Duterte’s political future uncertain amid rising tensions between her supporters and critics.
Duterte, daughter of former President Rodrigo Duterte, has yet to publicly address the impeachment. However, she previously welcomed the complaints, calling them an opportunity to “clear her name.” Analysts speculate her silence may reflect strategic maneuvering ahead of the election season, where she remains a polarizing figure.
Controversy Ignites Over Marcos’ Economic Claims
The most contentious aspect of Marcos’ remarks lies in his dismissal of the impeachment’s economic repercussions. Critics argue that political instability often deters investor confidence, contradicting the president’s assurances. Opposition leaders have labeled his stance “tone-deaf,” citing historical examples where political crises triggered market volatility.
“Investors prioritize stability, and impeachment is inherently destabilizing,” said political analyst Dr. Maria Santos. “Marcos’ optimism may reassure some, but the reality depends on how this plays out in the Senate.”
Meanwhile, the Philippine Stock Exchange reported minor fluctuations following the impeachment news, suggesting muted short-term economic impact. The peso also held steady against the dollar, bolstering Marcos’ claims.
Balancing Politics and Public Perception
Marcos’ administration faces mounting pressure to address both the impeachment fallout and public skepticism. His emphasis on structural reforms, such as tax incentives for foreign businesses and streamlined permits, aims to counterbalance political drama. Yet, opponents warn that lingering uncertainty could undermine long-term growth.
As the 2025 election campaign intensifies, the impeachment trial’s delay grants Duterte time to rally support. Her alliance with Marcos, once seen as unshakeable, now appears fractured, fueling speculation about shifting loyalties in Philippine politics.
While Marcos projects confidence in the economy’s resilience, the impeachment’s political ripple effects remain unpredictable. Investors and citizens alike await the Senate trial, which could redefine the nation’s leadership landscape. For now, the president’s message is clear: The show must go on.
Jaja has a degree in journalism and took classes in international law and business communication. Her career spans roles at prominent international media outlets, including International Business Times, Celebeat and Delightful Philippines. As a news editor, Jaja covered a wide range of beats, including legal, business, economy, cryptocurrency, personal finance, gaming, technology, and entertainment.