Thursday, August 7, 2008

The next PAASE meeting is in the Philippines, Ateneo de Manila University

MANILA (PNA) -– Amid the rising cost of fuel and basic commodities,
the Philippines was able to maintain its momentum due to government's
sound economic policies.

Rep. Danilo Suarez (3rd District, Quezon), chair of the House
Committee on Oversight, said the Medium Term Philippine Development
Plan (MTPDP) showed that the country is armed with the necessary
tools to survive the predicament most of the nations in the world are
presently facing.

"Even if there is a high cost of fuel and food, we are still
maintaining our momentum. There is no anarchy in the streets," Suarez
said during the MTPDP's presentation by National Economic Development
Authority (NEDA) and Philippine Management Staff (PMS) at the
committee hearing.

He said the five major areas of reforms and programs under the MTPDP,
which is in consonance with President Gloria Macapagal-Arroyo's 10-
point legislative agenda, include economic growth and job creation,
energy, social justice and basic needs, education and youth
opportunity, as well as anti-corruption and good government.

He said Congress would concentrate their legislative efforts on these
five major areas of reforms and programs, which include the reduction
of poverty to 17-20 percent from 34 percent according to 2000

Representatives from the Department of Science and Technology,
Department of Transportation and Communication, Department of Public
Works and Highways, Philippine Atmospheric, Geophysical and
Astronomical Services Administration, Maritime Industry Authority,
Philippine Coast Guard and the National Disaster Coordinating Council
also made their respective presentations before the committee. (PNA)

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