Thursday, November 29, 2012

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


MANILA, November 29, 2012-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.

10 comments:

Chimmyner said...

magandang development ito sa bansa natin. di ko din maalala kung kelan tayo huli nag gain ng ganito. Well congrats sa pinas!

Lina said...

Agree ako kay Senator Loren dito na kahit need ang development....dapat di isakripisyo and pangangalaga sa kalikasan...Kung gawin man yun e siguraduhin na hindi makaka bangga sa nature yung gagawing development/gusali/etc...

Anonymous said...

Mas ayos cguro kung ma maintain ang balanse ng yaman dito sa bansa. Yung kayamanan di lang sa city maipon dapat sa mga liblib din maspreaddapay un. Kung magawa natin yun susunod, sigurado tayong magiging pinakamagaling sa asya

Des said...

"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"

wahaw!.galing naman ni Senadora sumagot :) At saka tama siya eh. Dapat yung development sustained at may consistency. Kudos para kay senadora! :)

Vic said...

Di ba tayo masaya na tumaas yung economy natin? bihira lag ito at sana magsunodsunod na. Nabalik na tiwala ko sa gobyerno natin dito at sana wag nila hayaan ito. Good luck!

Joe Reezal said...

Sana idamay na nila yung probinsya namin kung itutuloy nila yug plano nla. Magmula pinanganak ako ganun pa di doon e. Ni walang konection ng internet e

Anonymous said...

Sabi nga ni mam Legarda kelangan nating pangalagaan uli yung nature natin kasi mahirap magrecover sa mga kalamidad. Kumilos na tayo kasi isang bagay yun na pwede magpabagsak sa tin e

Jason Reposo said...

Let's not forget our MSME's. They do contribute alot when it comes to our economy. They may have small names but if think about it, they do alot for us.

Anonymous said...

Mas masaya siguro kung mashare natin ang yaman natin sa far flung barangays at sa buong kapuluan tulad ng sabi ni Loren Legarda. Madami pa din kasi ngayoon ang mga lugar na naghihirap at walang progress masyado. Pero sana gawan nila ng paraan yun. maganda yung ideya ni Senator dito.

Adrian Sy said...

7.1% gain ha. 'stig naman nun! Pnoy's admis musta be really that good to attain this number. Congrats to everyone and God bless you!

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