Wednesday, November 28, 2012

Legarda Lauds PHL’s Improving Economy, Stresses Inclusive Growth, Sustainable Dev’t




Senator Loren Legarda today hailed the country’s improving economy as she stressed that the benefits of such progress should reach even the far-flung communities in the country.

Legarda was reacting to a report from the National Statistical Coordination Board that the Philippine economy grew 7.1% in the third quarter of 2012, the highest among countries in Southeast Asia, and the second highest in Asia.

“I laud the efforts of our government in improving the country’s economy. This certainly brings optimism to our citizens. However, such optimism can only be maintained if there is actual improvement in the quality of life. Growth, no matter how high, will only be appreciated by the people if its benefits actually trickle down even to the far-flung barangays in the country. This should include efficient delivery of basic services especially to the poor rural communities,” she said.

The Senator brought to the fore again the observations of International Monetary Fund Managing Director Christine Lagarde that growth should be inclusive—it should be felt not only by the rich and those in the middle class, but also, and more importantly, by the poor.

Legarda also reminded the conservation of the environment, stressing that it should never be compromised for the sake of development.

“The decline of our ecosystems has been determined as one of the underlying drivers of disaster risks and poverty, in the context of climate change. Therefore, protecting ecosystems—which involves rehabilitating our forests, cleaning our rivers, and stopping pollution, among other actions, must be done now,” she pointed out.

In ensuring inclusive growth, Legarda said that investing heavily in the countryside must be included in development initiatives—support for the growth of micro, small and medium enterprises to create more employment opportunities; establishing livelihood training programs; and,  providing technical and financial support to  farmers and fisherfolk.

“What we must aim for is not mere progress, but sustainable development and inclusive growth—never neglecting the most vulnerable sectors of society and never sacrificing the environment in the face of progress,” Legarda concluded.*

12 comments:

Anonymous said...

whoa! It increased 7.1%! Now , Im starting to regain my trust on our gvernment. I really think that our president and his admin is doing well right now. Aint perfect but at least we see results and that's what matters most.

Jingjing said...

"Legarda also reminded the conservation of the environment, stressing that it should never be compromised for the sake of development."

-- I do agree with her. Though kelangan ng development, dapat di pa din masacrifice yung pagconserve ng environment naten. Dapat may magapprove muna siguro nung plan at masiguradong safe ba sa envt.

Anonymous said...

This is a big leap for our country. I don't remember the last time we had a gain like this. I hope this becomes consistent and be sustained at all times.

ultear said...

Dapat magkaroon din ng balance sa Pinas. I mean, yung yaman natin di lang dapat maconcentrate sa urban areas dapat pati sa province and far flung areas din If maagawa natin yun...magiging malufet ang bansa naten!

Luis said...

sana nga mabigyan din ng tyansa yung mga nasa malayong lugar na umunlad im not sure kung pano nila gagawin yun pero naniniwala ako na kaya gawan ng paraan ni Loren yan at makakaisip sila nng matalinong paraan parang gawing possible ito.

Kara said...

"What we must aim for is not mere progress, but sustainable development and inclusive growth" <--- Well said Senator Loren! I completely agree on this one. Long terms goals yung maghihila sa atin pataas. Kung ma maintain natin yun magiging mayaman bansa natin.

Anonymous said...

Oo naman!wag natin kalimutan na tignan kung nature. Wag tayo patayo ng patayo Tignan niyo yung Baguio ngayon. Nakakaawa at nagyon lang nagsulputan yung mgaprotestatnte ng pagputol ng puno kung kelan konti nalang.Dapat noon pa nila naisip yun.

Anonymous said...

Magandang news talaga ito for our people and tulad ni Loren, natuwa ang mga pinoy dahil dito. Sana ituloytuloy lang nila yun. Good Job para sa administration :) Apir!

goryo said...

Arent you all glad that here's growth in our economy? :) Bihira nalang naten marineg ito. Naniniwala ako sa administration natin ngayon. Sna mag sila magsawa at pagpatuloy lang nila.

Candida said...

sana pati dun sa probinsya namin ma bigyan ng chance na i develop. Maganda samin yun lang, para same pa din nga lang yung takbo ng buhay mula 1980's.

doofy said...

Kung iisipin naman talagang mabuti. Tayo din may kagagawan kung bakit madali tayong tamaan at hirap bumangon pagtapos ng kalamidad. Dapat maging handa rin tayo sa ganito at ingat din masyado sa pagdevelop baka mag suffer naman tayo sa hule

Anonymous said...

Pag gising ko kanina puro ito yung laman ng headlines and masaya naman ako na kahit unti2, tumataas naman pala yung progress ng bansa. Hope they keep it up. Go Pilipinas GO!