National Economic and Development Authority (NEDA) Director General and Socio-economic Planning Secretary Ernesto Pernia
Peace and order in society — it is the crucial foundation of the country’s economic policies that the Duterte administration prioritizes.
National Economic and Development Authority (NEDA) Director General and Socio-economic Planning Secretary Ernesto Pernia said, to sustain economic growth, peace and order is a must and that criminilaties, illegal drugs, smuggling, tax evasion and other illegal activities must be stopped.
when this is done, more investors will invest in the country and growth in the economy will be sustained.
“If we have peace and order which is the bedrock of the 10 points, the foundation of the ten points, then investment climate will definitely substantially improved and many will be rushing to the Philippines to invest,” Pernia explained.
Despite criticisms of some groups including the United Nations, on the spate of killings resulting from President Duterte’s anti-drugs campaign, Pernia said more people support the president because of the decrease in crime rate.
The secretary also assured tourists who are planning to visit the country not to worry as long as they follow government regulations.
“We should also interview and try to get the view of others who approved of what’s happening and see it as really as, maybe, as necessary evil that has to happen in the pursuit of the greater good so I’ll put in that way,” Pernia said.
Meanwhile, among the priorities of the Duterte administration in sustaining economic growth is the acceleration of infrastructure development.
Based on the report of NEDA, ten projects amounting to 320 billion pesos have been approved by the investment coordination committee.
“The NEDA board, chaired by the president, will deliberate the approval of these projects in September and thereafter for implementation of agencies. The list include projects on rural development, regional hospitals, airport modernization, flood management, the north-south railway-south line project and the Metro Manila bus rapid transit-EDSA project among others.” — Rosalie Coz / UNTV News & Rescue
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