President Rodrigo Duterte’s economic and development blueprint for the Philippines called “DuterteNomics” is set to be unveiled today, April 18, the Department of Finance (DOF) and the Presidential Communications Operations Office (PCOO) announced.
It includes the current administration’s main governance and fiscal policies, comprehensive big-ticket infrastructure programs and upgraded social services targeted to accelerate growth, and by 2022, transform the Philippines into a high middle-income economy.
Executive Secretary Salvador Medialdea will open the forum while Finance Secretary Carlos Dominguez, a member of the President’s economic team, will deliver the keynote address.
A forum during the unveiling of DuterteNomics will be divided into six sessions — Session 1: Economic Overview and Philippine Development Plan (PDP) Highlights; Session 2: BuildBuildBuild Infrastructure Plan; Session 3: Fiscal Issues on Revenue and Spending; Session 4: Mindanao Economy/ Major Development Initiatives in Mindanao; Session 5: International Context and Environment for the Philippine Government; and Session 6: Reactions to DuterteNomics.
The six sessions will be presented by notable panel of speakers from the President’s Cabinet. Secretary Ernesto Pernia, Director-General of the National and Economic Development Authority (NEDA), will report on the focal points of the Philippine Development Plan 2017–2022 which embodies the Filipino people’s dreams and goals as also envisioned in the AmBisyon Natin 2040.
Secretary Martin Andanar of the PCOO, Presidential Spokesperson Ernesto Abella, Secretary Mark Villar of the Department of Public Works and Highways (DPWH), Secretary Arthur Tugade of the Department of Transportation (DOTr) and President and CEO Vince Dizon of the Bases Conversion and Development Authority (BCDA) will talk about the Comprehensive Infrastructure Investment Program bringing about ease of access to electricity and water, increase in productivity, inter–island connectivity and overall improvement in the people’s standard of living.
Secretary Benjamin Diokno of the Department of Budget and Management (DBM) will provide a summary of the necessary fiscal and budgetary reforms for financing the infrastructure and social spending programs.
Representing the business community is Mr. John Gaisano, Chairperson of the Board of the Davao City Chamber of Commerce and Industries, Inc. who will discuss the major development initiatives for Mindanao. Professor Richard Heydarian from the academe will tackle the international context and environment for the Philippine government.
Former Secretary Cielito Habito will serve as a reactor of Dutertenomics.
Former Chairperson of the Philippine Civil Service Commission (CSC) Ricardo Saludo will host the forum while Associate Professor Gary Olivar of the Asian Institute of Management (AIM) will serve as the moderator of the forum.