PS 150: PDP

Question 1

adopted by all UN Member States in
2015 as a universal call to action to
end poverty, protect the planet and
ensure that all people enjoy peace
and prosperity by 2030.

Answer 1

sustainable development goals

Question 2

it serves as the country’s overall blueprint in
development planning for the next 6
years.

Answer 2

The Philippine Development Plan 2023-2028

Question 3

What is the overall goal of PDP 2023-2028?

Answer 3

The PDP aims to reinvigorate job creation and
accelerate poverty reduction by steering the
Philippine economy back to its high-growth
trajectory and effect economic and social
transformation for a prosperous, inclusive, and
resilient society.

Question 4

BBM’s 8 point economic agenda

Answer 4

-Protect purchasing power and mitigate socioeconomic scarring

-Reduce vulnerability and mitigate scarring from the Covid-19 pandemic

-Ensure sound macroeconomic fundamentals

-Create more jobs

-Create quality jobs

-Create green jobs

-Uphold public order and safety, peace and security

-Ensure a level playing field

Question 5

Through the __________, the Marcos administration aims to
bring down poverty to 9 percent by the end of his six-year term and bring the
Philippines to “upper-middle income” status by 2028.

Answer 5

8-point socioeconomic agenda

Question 6

What are the goals and targets of the Plan?

Answer 6

1. Maintain economic growth rate between 6.0% to 7.0% in 2023
2. Create more, better, and more resilient jobs.
3. Keep food and overall prices low and stable.
4. Enforce fiscal discipline.
5. Transform the production sectors through innovation.
6. Reduce poverty incidence

Question 7

Key strategies for economic or production sector include:

Answer 7

1. Modernize agriculture and agri-business
2. Revitalize industry.
3. Reinvigorate services.

Question 8

Social and human development sector strategies

Answer 8

1. Promote and improve lifelong learning and education
2. Boost health
3. Establish livable communities
4. Ensure food security and proper nutrition
5. Strengthen the social protection system
6. Increase income-earning ability of the workforce

Question 9

6 cross-cutting strategies

Answer 9

1. Digitalization
2. Public-Private Partnerships.
3. Servicification.
4. Dynamic innovation ecosystem.
5. Enhanced connectivity.
6. Greater collaboration between local and national Government.
   7.

Question 10

What can the business sector and international community expect?

Answer 10

Government will strengthen and facilitate PPPs, trade and investments, R&D,
and technology transfer, while encouraging robust competition.

The goal is to make it easier for companies to compete and innovate

while upholding consumer protection. There will be lower transactions costs, a
healthy regulatory environment, and protection from anti-competitive
practices.

the Philippines will be open for business as it seeks to regain its position
among the most dynamic economies in Asia and the world.