Economic Growth & Development

• Filipino First Policy


  Flagship development program of Carlos P. Garcia (Philippine President, Third Republic)
• "Green Revolution" and "Blue Revolution"


  Flagship development programs of Ferdinand E. Marcos (Philippine President)
• Build. Build. Build.


  Flagship development program of Rodrigo R. Duterte (Philippine President)
• Fundamental Macroeconomic Goals


  • Economic Growth
  • Full Employment
  • Price Stability
  • High Standard of Living
  • Equitable Distribution of Income and Wealth
  • Equilibrium in Balance of Payment
• Our funds will not be enough to meet all our needs: from education, infrastructure, health, military, police and more. Our solution: Public-Private Partnership (PPP)
• We will achieve this through prudent fiscal and monetary policies that can help translate high growth into more and better job creation and poverty reduction
• At the household level, there must be sufficient income for all Filipinos to meet the basic food and non-food needs of their families. We shall continue to attract investments that will generate thousands of jobs each year — jobs that are suitable for the poor and less skilled members of the workforce
• Tax Administration reforms


  • Tax Administration reforms
  • Realignment of Expenditure priorities
  • Promote productivity-enhancing investments
  • Support of Ecozones
• Economic Growth


  Increase in the value of goods and services produced in an economy over a period of time, measured in % increase in GDP. Short-term measure of economic performance.
• Economic Development


  Economic growth sustained over a longer period of time, with a sustained increase in real production. Not an absolute measure of national development but a crucial aspect of it, covering other aspects: political, social, cultural, health, ecological, etc.
• National Economic and Development Authority (NEDA)


  The country's premier socioeconomic planning body, responsible for coordination of activities such as the formulation of policies, plans, and programs, review, evaluation, and monitoring of infrastructure projects, and undertaking of short-term policy reviews.
• Philippine Development Plan 2023-2028

  • Plan for economic and social transformation
  • Promote human and social development
  • Increase income-earning ability
  • Modernize agriculture and agribusiness
  • Revitalize industry
  • Reinvigorate service
  • Advance research and development, technology, and innovation
  • Promote trade and investment
  • Promote competition and improve regulatory efficiency
  • 10. Ensure macroeconomic stability and expand inclusive and innovative finance
  • 11. Expand and upgrade infrastructures
  • 12. Ensure Peace and security, and enhance administration of justice
  • 13. Practice good governance and improve bureaucratic efficiency
  • 14. Accelerate climate action and strengthen disaster resilience