For every advancement, there is a plan and for every plan there is a purpose behind it. What is our plan for this kind of advancement? Who will make this plan? We know that in the political structure of every country the president is always the one who plans the economic advancement of their respective country. Our honorable president, Benigno Aquino III who is the current the President of the Philippines, assumed his office in June 2010. Each president has their own plan for economic advancement and in our country it is called as the “Medium Term Philippine Development Plan” or also known as the MTPDP. What is a Medium Term Philippine Development Plan? Would it help the Philippines? To find out more about the MTPDP, let us go back in the terms of the previous presidents of the Philippine Republic.
Each president has their own plan that can change the situation of our country. Presidents like Fidel Ramos and Gloria Macapagal Arroyo are great examples when you want to know more about the definition of an MTPDP. Let us study the MTPDP of President Fidel Ramos which is called the Pilipinas 2000. The Pilipinas 2000 was approved in December 15, 1992. President Fidel Ramos mainly focused on livelihood projects and improvement of the economy.
The Philippines 2000 platform largely hinged on five major areas:- Peace and Stability
- Economic Growth and Sustainable Development
- Energy and Power Generation
- Environmental Protection
- Streamlined Bureaucracy
Let us now the study the MTPDP of President Gloria Macapagal Arroyo which is called the “10 Point Strong Republic Agenda” or also known as “10 Point Agenda”. President Gloria Macapagal Arroyo mainly focused her plan to macroeconomics, domestic economy and OFWs.
The 10 Point Agenda platform focuses on different areas:- Gross Domestic Product of 7-8%
- Investment in Gross Domestic Product of 28%
- Annual Work Openings with a budget of 1.7 Million
- A Balanced budget for 2010
- 20% Poverty Incidence
- Implementation of agri-business
- RVAT/ Refined Value Added Tax
Now we know what an MTPDP is, we can say that it is a plan for any advancement and has a purpose behind it. The only question is “what is the MTPDP of our current president?” The MTPDP of President Noynoy Aquino is also called “10 Point Agenda”. He mainly focused his MTPDP on the assistance of the public society.
The current president’s 10 Point Agenda platform focuses on different areas:- 10% Poverty Incidence with a target of 16.6% in 2015
- 7-8% GDP growth rate
- Share Investment
- Universal Health Care
- Self-employment assistance
- Student Financial Assistance Program
The different MTPDP of our presidents have changed the belief of people of what really change is. In my own opinion, the public society have not yet experience these so called plan even with our previous presidents. We are almost midway in the term of our current president but we are not yet seeing change but we are still hoping for the best to come for the Philippines.
“I HOPE THAT THESE BLOGS HAVE OPENED THE HEARTS OF EVERY FILIPINO CITIZEN ABOUT THE IMPORTANCE OF UNDERSTANDING ECONOMICS. I CAN NOW CLEARLY DEFINE WHAT ECONOMICS REALLY IS…. ECONOMICS IS THE NATION ITSELF, IT WILL FALL IF WE ARE DIVIDED AND IT WILL RISE IF WE ARE UNITED”
-- Anton Miguel Jordan
good job jordan... your done.. :)
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