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Abad reiterates govt’s policies to boost economic growth

MARAWI CITY, Lanao del Sur, March 25 (PIA) --- Budget and Management Secretary Florencio Abad has reiterated the government’s overarching strategy for national development.

Under the leadership of the President Benigno Aquino III, the government, he said, is pursuing reforms that will ensure rapid, sustainable and broad-based growth and prosperity in the country.

Addressing the participants of an economic briefing held in Cagayan de Oro City, recently, Abad shared the Aquino administration’s optimism on the economic performance and its roadmap for success.

“We have a clear agenda outlined in the President’s 16-point social contract with the Filipino people that include specific plans relative to public-private partnerships, to investing in education, health and social protection, to improving macroeconomic and fiscal sustainability, among others,” he said,

These, Abad said, can be accelerated through the “daylight” formula which highlighted transparency, accountability and inclusiveness as against secrecy, connivance and exclusivity in the past.

Transparency means that all the dealings, actions and decisions of the government are accessible to the public for their knowledge and scrutiny while accountability means the government operates consistent with the law and with established standard of performance and ethics, he said.

Inclusiveness, he further said, is empowering the citizenry and lending them a greater hand into how their government is being run adding that without the active and empowered participation of the people the government would not succeed.

He pointed out that the only way to reinvigorate the economy and ensure meaningful lives for our people is through honest and effective governance.

This entails transforming the government to be transparent in all actions and dealings, accountable to the law and to the people and truly inclusive in its engagement with the people it seeks to serve especially the vulnerable and marginalized, Abad added. (Apipa Bagumbaran/PIA-10)

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