Week 5 to 6 ambisyon

• Ambisyon Natin 2040


  A document adopted by the government as a guide for developing and planning, representing the collective aspiration of Filipinos to enjoy a "matatag", "maginhawa" at "panatag na buhay"

  
• Dimensions of well-being that Filipinos value the most

  • Strong Family and Community ties (Matatag)
  • A Comfortable Lifestyle (Maginhawa)
  • A Secure Future (Panatag)
• Matatag


  • Family is Together
  • Time with Friends
  • Work-life-Balance
  • Strong response to the community
• Maginhawa


  • Secure from Hunger and Poverty
  • Secure Home Ownership
  • Good Transport
  • Travel and Vacation
• Panatag


  • Enough resources for day-to-day needs and unexpected expenses
  • Peace and Security
  • Long and Healthy Life
  • Comfortable Retirement
• How Ambisyon Natin 2040 was realized


  Represents the collective long-term aspirations of the Filipino people for themselves and for the country in the next 25 years, describing the kind of life that people want to live, and how the country will be by 2040

  
• How Ambisyon Natin 2040 was formulated


  National Economic and Development Authority began the visioning process in 2015 with more than 300 participants in the focus group discussions and close to 10,000 respondents in the National Survey

  
• Philippine Development Plan (PDP)


  A six (6) year plan whose primary goals are to reinvigorate job creation and accelerate poverty reduction by steering the economy back on a high-growth path and affecting economic and social transformation for a prosperous, inclusive and resilient society
• Philippine Development Plan 2023-2028


  Serves as the country's overall blueprint in developing planning for the next six years, reflecting the government's policies, strategies, programs, and legislative priorities in support of and consistent with Pres. Ferdinand Marcos Jr.'s "Socioeconomic Agenda", geared toward the attainment of the country's long term vision, the AmBisyon Natin 2040, through a whole-of-government and whole-of-society approach

  
• Headline Socioeconomic Targets


  • Maintain annual economic growth rate between 6.0-7.0 percent in 2023 and between 6.5-8.0 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 innovations
  • Reduce poverty incidence from 18 percent in 2021 to between 8 to 9 percent by 2028
• Key Strategies and Approach of the Philippine Development Plan

  • Fully considers the lessons from the pandemics and country's recent economic history
  • Maintaining robust macroeconomic fundamentals is key to a more rapid recovery and to preventing deep socioeconomic scars
  • The validity of our economy is only as good as the country's health and educational system
  • A whole-of-government and whole-of-society approach is fundamental to policy effectiveness
• Economic and Production Sector Strategies

  • Modernize agriculture and agri-business
  • Revitalize industry
  • Reinvigorate services
• Social and Human Development Sector Strategies

  • Promote and improve lifelong learning and education
  • Boost health
  • Establish livable communities
  • Ensure food security and proper nutrition
  • Strengthen the social protection system
  • Increase the income-earning ability of the workforce
• Cross-Cutting Strategies


  • Digitalization
  • Public-Private Partnership
  • Servicification
  • Dynamic Innovation Ecosystem
  • Enhanced Connectivity
  • Greater Collaboration between Local and National Government
• Digitalization


  Will result in more efficient and faster service delivery, more transparency, and fewer opportunities for corruption at various levels, and help the government build robust data systems that will create better programs (targeted social protection and more efficient employment-opportunity linking systems)
• Public-Private Partnership


  Reconfiguring can help address cross-cutting issues of a weak competition environment and the digital divide, as well as boost the country's campaign to attract foreign investments, with direct (foreign) investments harnessed as drivers of export growth, sources of vital technology, and critical enablers of the country's long-term climate action
• Servicification


  Will pursue policies building ecosystems around manufacturing clusters identified as potential sources of high growth, also be targeted towards the industries of information and communications technology, creatives, tourism, and logistics to move up the global value chain
• Dynamic Innovation Ecosystem


  Will mean new products, more efficient processes, and an even bigger market share, with technology and innovation-based strategies for (agriculture, industry, and services sectors laying out a whole-of-government approach to establishing and strengthening the innovation ecosystem
• Enhanced Connectivity


  Digital and physical connectivity through infrastructure is important to link markets, connect urban centers to rural areas, and facilitate the movement of people where opportunities for employment or health care and education are better, and will be ramped up within the country and the rest of the world to revitalize tourism, facilitate trade, and attract more investments
• Greater Collaboration between Local and National Government

  Seeks to bring local governments in as equal partners in the development agenda of the country, aiming to optimize the sharing of responsibility between local and national government to raise each LGUs capacity for delivering public services and raising local revenues
• The Philippine government will strengthen and facilitate PPPs, trade and investments, research and development, and technology transfer while encouraging robust competition
• The Philippines is expected to upgrade the country's energy, logistics, transportation, telecommunications, and water infrastructure
• The Philippines will implement game-changing reforms to the investment environment such as the amendments to the Foreign Investment Act, Retail Trade Liberalization Act, and Public Service Act, and passage of the Corporate Recovery and Tax Incentives for Enterprises Law
• The Philippines will have policies enabling open and competitive markets
• The Philippines will be open for business as it seeks to regain its position among the most dynamic economies in Asia and the world