Where does economic value added really come from? A good economist will tell you that value added ultimately comes from human ideas, which in turn come from learning based on actual results, what is fashionably termed now as “evidence-based.” And what is the mother of all inventions? Necessity.
Our economic managers fully intend to move our economy to a higher growth plane between now and 2040. From 2017 onwards, we intend to maintain a GDP growth rate of 7% or more.
On a sustained 7% growth rate, the Duterte administration committed to bringing down the poverty rate from the current 26.5% to just 17% by 2022. We expect to see a shift from consumption-led to investment-led growth, driven by low inflation and interest rate.
Metro Manila (CNN Philippines) — The Duterte Administration is putting its money where its mouth is.
Budget Secretary Ben Diokno turned over to Congress the proposed ₱3.35 trillion budget for 2017, which is 11.6% higher than this year's budget.
Foreign Affairs Secretary Perfecto Yasay Jr. on Saturday called on the United Nations (UN) and the rest of the world to allow the Philippine government to deal with its domestic challenges in order to achieve its national goals without “undue interference.”
“We have not and we will never empower our law enforcement agents to shoot-to-kill individuals suspected of drug crimes. Extrajudicial killings have no place in our society, and in our criminal justice system,” Yasay told the 71st session of the UN General Assembly.
PASIG CITY, Sept. 26 - The country’s more than 42,000 barangays are set to hold their respective Barangay Assembly Day on Sunday, October 9, 2016, the Department of the Interior and Local Government (DILG) announced.
Proclamation No. 260 issued on September 30, 2011 declared the last Saturday of March and the second Sunday of October 2011 and every year thereafter as barangay assembly days.
IT WAS the Maguindanao Moro filmmaker Teng Mangansakan who alerted me to a forgotten past. Last August, Teng revisited the place that had become rather obscure in the Mindanao mind. It is called Malisbong, but few would want to remember the name, let alone inconvenience themselves with a Google map for a search. Even the remaining living survivors would rather blur their memories of a ghastly carnage that only men who don’t believe in human dignity can carry out without mercy.
The Duterte administration will complete its first 100 days two weeks from now, but even now has made it undeniably clear that change has come—and how! Perhaps many would view these first 100 days as unprecedentedly replete with fundamental changes in elements of governance. Some changes are both stark and startling, dislodging some from their comfort zones and challenging preconceived notions simultaneously on several fronts.