A May 30, 2011 press release by the National Economic and Development Authority
The Philippine Development Plan (PDP) 2011-2016 (Beta version as of May 27, 2011) is now available for download at the NEDA website, the National Economic and Development Authority (NEDA) announced today.
The Plan, anchored on President Benigno S. Aquino III’s 16-point “Social Contract with the Filipino People,” envisions inclusive growth for the country. Inclusive growth means growth that is shared by all and opposed to the trickle down, jobless growth that we have seen over the recent years.
With good governance and anti-corruption as overarching theme, the Plan has three broad strategies. First is a high and sustained economic growth, which provides productive and decent employment opportunities. The second strategy is provision of equal access to development opportunities across geographic areas and across different income and social spectrum, which will ensure that economic growth and opportunities translate to poverty reduction. Thirdly, the Plan will push for the implementation of effective and responsive social safety nets in order to assist those who will not be able to catch up by the character of a rapid economic growth.
The Plan comprises 10 chapters, namely:
1. Introduction: In Pursuit of Inclusive Growth
2. Macroeconomic Policy
3. Competitive Industry and Services Systems
4. Competitive and Sustainable Agriculture and Fisheries Sector
5. Accelerating Infrastructure Development
6. Towards a Dynamic and Resilient Financial Sector
7. Good Governance and the Rule of Law
8. Social Development
9. Peace and Security
10. Conservation, Protection and Rehabilitation of the Environment and Natural Resources Towards Sustainable Development
Through Memorandum Circular No. 3 issued by the President last September 2, 2010, NEDA was tasked to coordinate the preparation of the Plan and the Public Investment Program 2011-2016 jointly formulated by the executive and legislative branches of the government.
Following the completion of the Plan, NEDA shall coordinate the formulation of the Results Matrix (RM) as well as the PIP 2011-2016. The RM will provide measurable outputs and targets in line with the national government agencies’ intended outcomes and strategies while the PIP translates the Plan into a core set of priority programs and projects for their implementation from 2011-2016.
Annual updates will be done to monitor the results and targets identified in the Plan.