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    Programs-Projects For Philippine Socio Economic Development

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    djm070376
    The Philippine Development Plan 2023-2028 aims to achieve economic and social transformation through six cross-cutting strategies: digitalization, public-private partnerships, servicification, a dynamic innovation ecosystem, enhanced connectivity, and greater collaboration between local and national governments. The plan's goals are to maintain annual GDP growth between 6-8%, create more jobs, ensure affordable prices, and transform production sectors through innovation. It seeks to strengthen infrastructure, reforms, and partnerships to attract investment and build a competitive market.

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    Programs-Projects For Philippine Socio Economic Development

    Uploaded by

    djm070376
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    The Philippine Development Plan 2023-2028 aims to achieve economic and social transformation through six cross-cutting strategies: digitalization, public-private partnerships, servicification, a dynamic innovation ecosystem, enhanced connectivity, and greater collaboration between local and national governments. The plan's goals are to maintain annual GDP growth between 6-8%, create more jobs, ensure affordable prices, and transform production sectors through innovation. It seeks to strengthen infrastructure, reforms, and partnerships to attract investment and build a competitive market.

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    Introduction on the Programs and Projects for Philippine Socio-Economic Development

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    Programs-Projects for Philippine Socio Economic Development

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    The Philippine Development Plan 2023-2028 aims to achieve economic and social transformation through six cross-cutting strategies: digitalization, public-private partnerships, servicification, a dynamic innovation ecosystem, enhanced connectivity, and greater collaboration between local and national governments. The plan's goals are to maintain annual GDP growth between 6-8%, create more jobs, ensure affordable prices, and transform production sectors through innovation. It seeks to strengthen infrastructure, reforms, and partnerships to attract investment and build a competitive market.

    Copyright:

    © All Rights Reserved
    77 views27 pages

    Programs-Projects For Philippine Socio Economic Development

    Uploaded by

    djm070376
    The Philippine Development Plan 2023-2028 aims to achieve economic and social transformation through six cross-cutting strategies: digitalization, public-private partnerships, servicification, a dynamic innovation ecosystem, enhanced connectivity, and greater collaboration between local and national governments. The plan's goals are to maintain annual GDP growth between 6-8%, create more jobs, ensure affordable prices, and transform production sectors through innovation. It seeks to strengthen infrastructure, reforms, and partnerships to attract investment and build a competitive market.

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    © All Rights Reserved
    of 27

    PROGRAMS/

    PROJECTS FOR
    PHILIPPINE SOCIO-
    ECONOMIC
    DEVELOPMENT
    DAVID J. MANGANDI
    2

    The socio-economic development


    of the Philippines is a multifaceted
    challenge that requires strategic
    planning, comprehensive policies,
    and collaborative efforts across
    various sectors.
    3

    THE PHILIPPINE
    DEVELOPMENT
    PLAN 2003-2028
    4
    THE PHILIPPINE DEVELOPMENT PLAN
    2003-2028

    • Serves as the country’s overall


    blueprint in development planning for
    the next six years
    • It reflects the government’s policies,
    strategies, programs, and legislative
    priorities
    5
    THE PHILIPPINE DEVELOPMENT PLAN
    2003-2028

    • Geared toward the attainment of the


    country’s long-term vision, the
    Ambisyon Natin 2040, where all
    filipinos are envisioned to enjoy
    strongly rooted, comfortable, and
    secure lives.
    6
    THE PHILIPPINE DEVELOPMENT PLAN
    2003-2028

    • Aims to reinvigorate job creation and


    accelerate poverty reduction by
    steering the Philippine economy back
    to its high-growth trajectory and effect
    economic and social transformation
    for a prosperous, inclusive, and
    resilient society.
    First, maintaining robust WHAT ARE THE KEY
    macroeconomic
    STRATEGIES AND
    fundamentals, which
    foster consumer and
    APPROACHES OF THE
    investor confidence PLAN?

    7
    Second, we learned that
    everything and everyone
    are interconnected, and
    that there are advantages WHAT ARE THE KEY
    to having strong
    STRATEGIES AND
    interlinkages. This
    extends to the
    APPROACHES OF THE
    interdependence between PLAN?
    the health of the economy
    and the state of its
    healthcare system.
    8
    Third, there are limits to
    government resources
    and capabilities; hence, WHAT ARE THE KEY
    the government needs to STRATEGIES AND
    engage meaningfully APPROACHES OF THE
    with various sectors to PLAN?
    deliver the needed
    interventions.

    9
    Fourth, though recovery
    has started, we need to
    fast-track investments in
    early warning systems,
    efficient social WHAT ARE THE KEY
    protection programs, STRATEGIES AND
    effective resilience-
    APPROACHES OF THE
    building strategies,
    research and PLAN?
    development,
    technology—particularly
    digital technology—and
    innovation.
    10
    Health and Social Trends
    • Continued impact of COVID-19
    11 • China’s Dynamic Zero-COVID Policy
    TAKING FULL • Aging global population
    AWARENESS OF • Increasing demand for healthcare workers
    EMERGING GLOBAL Economic Trends
    AND REGIONAL • Headwinds in global economic recovery
    TRENDS
    Geopolitical Trends
    • Geopolitical Trends
    • Shifts in Asian investments and manufacturing
    Environmental Trends

    Technology and Regulations


    • Rapid digitalization across the globe
    • Global megatrends for 2030
    Transformation…underlying
    theme of PDP 2023–2028
    13 SIX CROSS-CUTTING STRATEGIES WILL SERVE AS CATALYSTS
    FOR ECONOMIC, SOCIAL, INSTITUTIONAL, AND
    ENVIRONMENTAL TRANSFORMATION
    • Digitalization
    • efficient and faster service delivery,
    • more transparency, and
    • fewer opportunities for corruption at various levels
    • Public-Private Partnerships
    • address cross-cutting issues of a weak competition environment and
    the digital divide
    • boost the country’s campaign to attract foreign investments
    14 SIX CROSS-CUTTING STRATEGIES WILL SERVE AS CATALYSTS
    FOR ECONOMIC, SOCIAL, INSTITUTIONAL, AND
    ENVIRONMENTAL TRANSFORMATION

    • Servicification
    • The government will pursue policies building ecosystems around
    manufacturing clusters identified as potential sources of high growth
    • Target towards the industries of information and communications
    technology, creatives, tourism, and logistics to move up the global
    value chain
    15 SIX CROSS-CUTTING STRATEGIES WILL SERVE AS CATALYSTS
    FOR ECONOMIC, SOCIAL, INSTITUTIONAL, AND
    ENVIRONMENTAL TRANSFORMATION

    • Dynamic innovation ecosystem


    • New ideas and inventions are constantly being created and improved
    upon
    • Using technology and innovative strategies to develop new products,
    make processes more efficient, and increase the market share
    16 SIX CROSS-CUTTING STRATEGIES WILL SERVE AS CATALYSTS
    FOR ECONOMIC, SOCIAL, INSTITUTIONAL, AND
    ENVIRONMENTAL TRANSFORMATION
    • Enhanced connectivity
    • linking markets and connecting cities to rural areas
    • makes it easier for people to travel to places where there are better job
    opportunities, healthcare, and education
    • Greater collaboration between local and national government
    • local governments to be equal partners in developing the country
    • both the national and local governments share responsibility for
    providing public services and making money for the local area
    17

    STRATEGIES OF THE PDP


    The overarching goal of the PDP 2023–2028 is to achieve economic and social
    transformation for a prosperous, inclusive, and resilient society.
    18 THE STRATEGIES ARE ORGANIZED CORRESPONDING TO THE
    FOLLOWING OBJECTIVES:

    (a) develop and protect capabilities of individuals and families;


    (b) transform production sectors to generate more quality jobs and produce
    competitive products; and
    (c) foster an enabling environment encompassing institutions, physical and
    natural environment, which promotes a prosperous, inclusive, and resilient
    society.
    19
    20 THE SOCIAL AND HUMAN DEVELOPMENT
    SECTOR

    • Boost health through interventions


    • Promote and improve lifelong learning
    • Establish livable communities
    • Ensure food security and proper nutrition
    • Strengthen the social protection
    • Increase income-earning ability
    21 THE ECONOMIC OR PRODUCTION SECTOR

    • Modernize agriculture and agri-business


    • Revitalize industry
    • Reinvigorate services
    22

    WHAT ARE THE GOALS AND TARGETS


    OF THE PLAN
    In the next six years, the development agenda of the Philippines will
    be guided by the following headline socioeconomic targets
    23 SOCIOECONOMIC TARGETS

    • Maintain annual economic growth rate between 6.0 to 7.0 percent in 2023
    and between 6.5 to 8.0 percent from 2024 to 2028
    • Create more, better, and more resilient jobs
    • Keep food and overall prices low and stable
    • Enforce fiscal discipline
    • Transform the production sectors through innovation
    24 WHAT CAN THE BUSINESS SECTOR AND
    INTERNATIONAL COMMUNITY EXPECT
    • Strengthen and facilitate PPPs:
    • trade and investments,
    • research and development, and
    • technology transfer
    • Upgrade the country’s energy, logistics, transportation,
    telecommunications, and water infrastructure
    25 WHAT CAN THE BUSINESS SECTOR AND
    INTERNATIONAL COMMUNITY EXPECT
    • Build on game-changing reforms to the investment environment
    • Foreign Investment Act
    • Retail Trade Liberalization Act
    • Public Service Act
    • Corporate Recovery and Tax Incentives for Enterprises Law
    26 WHAT CAN THE BUSINESS SECTOR AND
    INTERNATIONAL COMMUNITY EXPECT
    • Policies enabling open and competitive markets
    • Easier for companies to compete and innovate
    • Businesses will be assured of lower transactions costs
    • Healthy regulatory environment
    • Protection from anti-competitive practices
    27

    THANK YOU

    Source:
    Philippine Development Plan 2023-2028 - Philippine Development Plan (neda.gov.ph)

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