NEDA-MTPDP 2004-2010 (Jan.24, 2005)
NEDA-MTPDP 2004-2010 (Jan.24, 2005)
NEDA-MTPDP 2004-2010 (Jan.24, 2005)
PHILIPPINE
DEVELOPMENT PLAN
2004-2010
National Economic and Development Authority
January 24, 2005
Economic Growth
& Job Creation
Trade & Investment
Agribusiness
Environment &
Natural Resources
Housing Construction
Tourism
Infrastructure
Fiscal Strength
The Financial Sector
Labor
Energy
Energy
Independence
Responding to Basic
Needs of the Poor
Education
Power Sector
Reforms
National Harmony:
Automated Elections
National Harmony:
The Peace Process
Science &
Technology
Culture
National Harmony:
Healing the Wounds of EDSA
Basic Needs:
Peace and Order
Rule of Law
Anti-Corruption &
Good Governance
Anti-Corruption
Bureaucratic
Reforms
Defense Against
Threats to
National Security
Responsive
Foreign Policy
Constitutional
Reforms
THE MACROECONOMY
MACROECONOMIC TARGETS
2004
2005
2006
2007
2008
2009
2010
4.9-5.8 1/
5.3-6.3
6.3-7.3
6.5-7.5
6.8-7.8
7.0-8.0
7.0-8.0
Investment-to-GDP/
20.1
20.3
21.4
22.5
24.1
25.8
27.7
43.1
47.4
52.3
58.2
65.4
74.3
84.3
(4.2)
6.7
4.0-5.0
(3.6)
6.0
4.0-5.0
(2.9)
5.3
4.0-5.0
(2.0)
4.6
3.0-4.0
(1.1)
3.9
3.0-4.0
(0.2)
3.0
3.0-4.0
0.0
1.0
3.0-4.0
NG Deficit/GDP
CPSD/GDP 2/
Inflation (%) 1/
Emerging forecast is 6.2 % for 2004. The inflation target for 2 005 has also
been revised upwards to 5-6 percent.
2/
Preliminary
1/
THE MACROECONOMY
MACROECONOMIC TARGETS
Net Job Creation
(in thousand) 1/
Agriculture
Industry
Services
Unemployment Rate (%) 1/
Poverty Incidence
(% of Families) 2/
Subsistence Incidence
2004
2005
2006
2007
2008
2009
2010
1240
1029-1256
1263-1527
1380-1669
1502-1821
1594-1945
1695-2081
203
290-331
298-340
297-342
309-355
321-370
320-371
234
174-212
249- 291
265-312
299-351
333-391
366-431
803
565-713
717- 896
818-1016
894-1114
941-1184
1009-1279
12.1
11.9
11.6
11.1
10.4
9.7
8.9
25.69
24.35
22.93
21.61
20.31
19.04
17.88
14.95
14.10
13.42
12.87
12.31
11.76
11.30
PART 1:
1:
2:
3:
4:
5:
6:
I.
II.
III.
1.
2.
3.
4.
5.
Triple
SME
Lendin
g
Additional
Jobs
Micro-finance
Initiatives
P43.5 B
4.3 M
SULONG GFI
Contribution
P283.0 B*
0.80 M
Private
Financial
Institutions
Increase from
Base of P214 B
(O.B. Sept. 2003)
AGRIBUSINESS
GOALS, STRATEGIES AND ACTION PLANS
AGRIBUSINESS
GOALS, STRATEGIES AND ACTION PLANS
HOUSING
MAJOR HOUSING STRATEGIES
Expand private sector participation in socialized
housing finance and construction
Phase out interest rate subsidies
Fast-track disposition of NPAs
Develop joint venture schemes with private sector for HDMF, GSIS, SSS
members
TOURISM
DESTINATION FOCUS
MAJOR DESTINATIONS
Cebu/Bohol/Camiguin
Manila-Tagaytay
Palawan: Construct Coron Airport (to
International Standards)
MINOR DESTINATIONS
Vigan/Laoag
Clark-Subic (Infra Chapter)
SPECIAL INTEREST DESTINATIONS
Baguio/Banaue/Cordillera
Boracay
POTENTIAL MAJOR DESTINATIONS
Davao
INFRASTRUCTURE
GOALS, STRATEGIES AND ACTION PLANS
I. TRANSPORT INFRASTRUCTURE
1.
2.
3.
4.
INFRASTRUCTURE
I. TRANSPORT INFRASTRUCTURE
Completion of the Nautical Highway System (Rollon-roll-off (RORO) ports and the highways
connecting them) to reduce transport cost
Western Nautical Highway
FINANCING INFRASTRUCTURE
INFRASTRUCTURE
II. DIGITAL INFRASTRUCTURE
1. Reducing the Cost of Interconnectivity
2. Regulatory/Legal Framework
Math
Accelerate use of internet and e-learning in
FISCAL SECTOR
1/
2003
Actual
2004
2005
2006
2007
2008
2009
2010
14.6
19.2
14.6
18.8
16.2
19.8
16.6
19.5
16.7
18.7
17.5
18.6
17.8
18.0
18.0
18.0
2.6
2.4
3.2
3.1
3.1
3.3
3.5
4.2
-4.6
5.5
-4.2
6.7
-3.6
6.0
-2.9
5.3
-2.0
4.6
-1.1
3.9
-0.2
3.0
0.0
1.0
78.0
79.4
77.3
73.2
68.0
61.8
56.9
51.2
78.0
79.4
81.2
76.7
71.2
64.7
59.5
53.5
78.0
79.4
87.1
82.0
76.0
69.0
63.4
57.0
137.5
136
123
116
108
101
94
90
Preliminary targets; Public sector debt figures still include intra-sectoral debt
FISCAL SECTOR
2003
Actual
2004
2005
2006
2007
2008
2009
2010
626.63
826.50
676.41
874.23
830.83
1015.35
941.31
1103.08
1043.36
1170.36
1215.15
1294.18
1373.28
1387.64
1550.58
1550.58
111.89
111.02
164.81
177.99
194.22
231.08
271.62
360.31
-199.87
234.85
-197.82
-
-184.53
-
-161.77
-
-127.00
-
-79.03
-
-14.36
-
0.00
-
3355.11
3689.93
3960.48
4137.42
4257.25
4298.64
4398.89
4403.57
3355.11
3689.93
4160.48
4337.42
4457.25
4498.64
4598.89
4603.57
3355.11
3689.93
4460.48
4637.42
4757.25
4798.64
4898.89
4903.57
- Not available
1/
Preliminary targets; Public sector debt figures still include intra-sectoral debt
FISCAL STRENGTH
LEGISLATIVE TAX MEASURES
Generate at least P 80 billion from eight (8) new
tax measures
Indexation of excise tax on cigarettes and
alcohol products
Two-step increase in VAT rate
Excise tax on petroleum
Rationalization of Fiscal Incentives
Franchise tax on telecommunications
General Tax Amnesty
Lateral Attrition System
Gross Income Taxation
FISCAL STRENGTH
ADMINISTRATIVE REVENUE MEASURES
1.
2.
3.
4.
5.
FISCAL STRENGTH
LEGISLATIVE EXPENDITURE MEASURES
Fiscal Responsibility Bill
Omnibus Reengineering Bill
Rationalization of Government Retirement
and Pension Scheme
Rationalization of Government
Compensation Scheme
Removal of Automatic Guarantee
Provision in certain GOCCs
FISCAL STRENGTH
ADMINISTRATIVE EXPENDITURE
MEASURES
1. Austerity Program
government agencies
Operationalization of the Medium Term Public
Investment Program
Strengthen the ICC process
Improvement of management of GOCCs
Full implementation of devolution provision of
LGC
Allocate and spend on right things, i.e., Plan
priorities
Transfer to the General Fund all balances of
dormant accounts
FINANCIAL SECTOR
GOALS, STRATEGIES, AND ACTION PLANS
TARGET: Increase savings rate to 30 percent by
2010
1. Manage inflation through inflation targeting and supply
2.
3.
4.
5.
6.
7.
8.
9.
side measures
Accelerate reduction of NPLs
Prevent and minimize systemic risks by strengthening
regulatory framework and creating an environment of
transparency and accountability in line with
international standards
Improve liquidity by
Protect investor and creditor rights
Tap savings through new products (e.g., PERA Bill)
Remove double taxation of insurance products
Rationalize government pension and retirement
schemes and designate pension fund regulator
Increase SME access to financing
Employment Enhancement
Improve workers competency, productivity and work values,
work conditions, remuneration, protection and welfare (here or
abroad)
Employment Facilitation
Facilitate access of Filipino workers to employment opportunities
in the local and overseas labor market
PART TWO
ENERGY
Chapter 10: Energy Independence
Chapter 11: Power Sector Reforms
ENERGY INDEPENDENCE
GOALS, STRATEGIES AND ACTION PLANS
1. Energy Independence
Increase Oil & Gas Exploration
Strengthen PNOC
Renewable Energy
Development
Expand use of Nat Gas and
accelerate development of
alternative fuels such as
coconut bio-diesel and ethanol
Forge strong strategic
ENERGY INDEPENDENCE
GOALS, STRATEGIES AND ACTION PLANS
PART THREE
2.
3.
Livelihood
Support 3 million entrepreneurs and triple loans
for self-employed and microenterprises and
hard to reach areas
Asset reform: agrarian, urban land, ancestral
areas
Complete land reform by 2008
Essential services: clean water, power, education,
health care/insurance, and protection of the
vulnerable
Potable water for the entire country,
electrification of all barangays, and closure of
classroom gap by 2010
Reduction of price of medicine by half from
2004 levels
87 percent health insurance coverage by 2007
1.
2.
PART FOUR
EDUCATION
GOALS, STRATEGIES AND ACTION PLANS
A. EARLY CHILDHOOD and BASIC
EDUCATION
Pre-school as a prerequisite to Grade 1
Close the classroom gap
Install distance learning in conflict
areas
Upgrade Math, Science, English
learning and teaching
Institutionalize values formation
Optional high school bridge program
EDUCATION
GOALS, STRATEGIES AND ACTION PLANS
B. TECHINICAL VOCATIONAL EDUCATION
AND TRAINING (TVET)
Ladderized interface between TVI
and higher education
Scholarship and assistance
programs
Improving TVET curricula and skill
matching
Tapping private sector, LGUs. NGOs
in TVET education
EDUCATION
GOALS, STRATEGIES AND ACTION PLANS
C. HIGHER EDUCATION
Provide scholarships/financial
assistance to disadvantaged sectors
Distance learning
Introduce the pre-baccalaureate
program as a remedial scheme
Develop centers of excellence which
will have links with industry
Curriculum upgrading/faculty
development
Rationalize creation and funding of
PART FIVE
ANTI-CORRUPTION AND
GOOD GOVERNANCE
Chapter
Chapter
Chapter
Chapter
Chapter
21:
22:
23:
24:
25:
Anti-Corruption
Bureaucratic Reforms
Defense Reforms
Responsive Foreign Policy
Constitutional Reform
ANTI-CORRUPTION
GOALS, STRATEGIES AND ACTION PLANS
PUNITIVE ANTI-CORRUPTION
Targeted Lifestyle checks
Make BIR and BOC as showcases
Strengthen investigative capacity of
Ombudsman
Pass law to make Ombudsman like HKICAC
ANTI-CORRUPTION
GOALS, STRATEGIES AND ACTION PLANS
PREVENTIVE ANTI-CORRUPTION
Strengthen procurement reforms
Strengthen National Government Accounting
System (NGAS)
Simplify and speed up frontline services
Identify and Address Corruption Vulnerabilities
Open up government projects to scrutiny by all
sectors
Enact Whistle-blower Law
ANTI-CORRUPTION
GOALS, STRATEGIES AND ACTION PLANS
PROMOTE ZERO TOLERNACE FOR
CORRUPTION
Conduct Values Seminars in government and
school (Council on Values Formation)
Mobilization of the formal and non-formal
educational system, the media and civic
organization to deliver the message of societal
reforms
Revise the basic education curriculum to
accommodate values formation
BUREAUCRATIC REFORM
GOALS, STRATEGIES AND ACTION PLANS
Government reengineering and salary
upgrading for those who will remain
Promote professionalism, meritocracy,
and integrity
Use ICT as a toll to improve access to
and delivery of government service
Rationalization of government
agencies (e.g, ATO, PPA, MMDA, DOTC,
NTC, NIA, NWRB, LLDA, ERC, TEZA,
CDA, HUDCC, SHFC, LWUA)
CONSTITUTIONAL REFORM
GOALS, STRATEGIES AND ACTION PLANS
Shift to unicameral parliamentary form
of government
Change from centralized unitary
system to decentralized federal system
Structural and functional reforms
affecting the electoral and political
party systems
Defining political dynasty and make
prohibition self-executory
Reforms on national economy and
patrimony to bring in investments
Thank
You.