Press Release
November 21, 2015

Sen. Marcos Says Cost Incurred In Hosting APEC Could Be Worth It

Senator Ferdinand "Bongbong" R. Marcos, Jr. on Friday said the cost incurred in terms of money and effort in hosting the Asia Pacific Economic Cooperation summit could be well worth it.

"If you are going to host a very important international conference like the APEC that we had, you have to make sure you do it properly, and security is a very large part of that equation. So I'm glad that it was done well and it was well organized," said Marcos in a press briefing in Baguio City.

He said efforts to ensure the safety of the 21 Heads of State attending the leaders' meeting, some of them the most powerful Heads of State in the world, could not be considered overkill.

"You must make sure nothing bad happens to them. Can you imagine, isipin nyo may mangyari habang nandito sila kung papano tayo mapapahiya? No amount of money can buy your reputation back kung may mangyari na ganun," he stressed.

Marcos also said critics should not be taking potshots at the efforts of the government to promote the country particularly when it's our time to shine in the world's stage.

Among others the government has been getting flak for reportedly spending P10 billion for the APEC summit.

"Of course P10 billion is a great deal of money and we will find out where it all went. But if our economic managers, in their meeting with the other government leaders, have made some advantageous trade arrangements with all these other countries, then we can say it's worth it," Marcos concluded.

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