Philippine President Ferdinand Marcos Jr. on Saturday received an invitation from World Economic Forum founder and executive chairman Klaus Schwab to the WEF in Davos, Switzerland from 16 to 20 January 2023.

According to Malacañang, Schwab made the invitation in a breakfast meeting with Marcos, saying that his attendance at the WEF would be a good opportunity to allow the global business community to learn about the dynamic and positive developments happening in the Philippines.

Schwab also commended the Philippine leader for the strong showing of the economy, Malacañang added.

The Philippine economy expanded by 7.6 percent in the third quarter of 2022.