Priming the economy with Build, Build, Build

Date Posted : December 15, 2019

Priming the economy with Build, Build, Build

Date Posted : December 15, 2019

Much is at stake in the Duterte administration’s flagship program: the aggressive, highly ambitious P8-trillion Build, Build, Build infrastructure initiative, which is envisioned to usher in a golden age of infrastructure for the Philippines, curb poverty incidence, and boost economic growth not only within key city centers but more so in the countryside.

Whether it’s one of the thousands of projects all over the country or a major expressway, an airport, seaport, railway or a new bridge, the objectives are the same — improving the quality of life of Filipino families and helping businesses flourish. After all, infrastructure will always improve connectivity and accessibility. It can unlock land values in what were once difficult-to-reach localities. And notably, it can provide the impetus for many businesses to explore opportunities in the countryside, thus propelling growth outside Metro Manila and established urban areas.

Despite criticisms hurled by naysayers about this program, there are noteworthy achievements and milestones that have already started to benefit many sectors. Here is a snapshot of the government’s gamechanging initiative.

This article was published in the Philippine Daily Inquirer on December 15, 2019.


-oOo-

Date Posted December 15, 2019

More on TaxReform News

WE RECOMMEND

Economic managers propose 4 legislative ‘imperatives’ to ensure strong, sustainable, resilient PHL recovery

Date Posted: June 8, 2020

President Duterte’s economic managers are pushing four legislative “imperatives” that include revitalizing the agriculture sector … Continue reading Economic managers propose 4 legislative ‘imperatives’ to ensure strong, sustainable, resilient PHL recovery

Join our mailing list for news and information about tax reform #TaxReformNow
The Department of Finance (DOF) is the government’s steward of sound fiscal policy. It formulates revenue policies that will ensure funding of critical government programs that promote welfare among our people and accelerate economic growth and stability. Read More..

Department of Finance | TaxReform

BSP Complex, Roxas Blvd., 1004 Metro Manila, Philippines
(+632) 8525.0244
Scroll Up