Features|PoliticsQuestions for Marcos Jr 40 years after Philippines ‘People Power’ revoltPresident Ferdinand Marcos Jr urged to dismantle system of political dynasties said to breed culture of corruption.

Ferdinand "Bongbong" Marcos Jr was inaugurated as the 17th President of the Philippines following a significant electoral victory in 2022. This event marked a notable rehabilitation of the Marcos family's political influence, decades after the regime of Ferdinand Marcos Sr was ended by popular protests in 1986.

Economic Performance and Policy Challenges

Under President Marcos Jr's administration, economic growth has not met government expectations. In 2025, the economy grew by 4.4%, falling short of the target range of 5.5-6.5%. The period has been described as one of missed opportunities, with a decline in foreign investment and an increase in unemployment rates.

Reports indicate a sharp decline in foreign investment, from $9.42 billion in 2024 to $4.7 billion in 2025. Unemployment rates increased from 3.8% to 4.2% over the same period, with only 172,000 jobs added to the labor market in 2025.

The administration has faced significant challenges due to allegations of corruption. Questions have been raised regarding the approval of national budgets containing dubious infrastructure projects. Key figures associated with these allegations include Ferdinand Martin Romualdez, the former Speaker of the House, and several members of the Marcos family.

The scandal has drawn comparisons to the era of Marcos Sr, with accusations of large-scale misappropriation of public funds. Investigations have uncovered several "ghost projects" and questionable spending on luxury items by certain officials.

As President Marcos Jr approaches the latter part of his term, there is potential for significant policy initiatives. Key areas for legislative focus include government transparency, education, energy, investment reforms, and transport and manufacturing sector overhauls.

One critical area of legislative reform is the passage of an antipolitical dynasty law, which remains a contentious issue given the prevalence of political dynasties in the country's legislative bodies. Achieving such a reform could significantly impact the president's legacy.

The current political environment in the Philippines presents challenges and opportunities for President Marcos Jr. The administration's ability to implement meaningful reforms and address corruption allegations will be pivotal in shaping its legacy and the country's future trajectory.

Based on reporting by Al Jazeera.