The president says among his centrepiece of development for the country are the Private Public Partnership

(PPP) and the Cash Conditional Transfer (CCT). And in my opinion , I believe that these programs cited could indeed accelerate development and can cause the nation to move forward as a tiger economy like many countries like Japan, Korea and many other countries. First and foremost, what is a Private Public Partnership (PPP)? Private Public Partnership is a business relationship between a private sector company and a government agency for the purpose of completing a project that will serve the public. It is a government service or a private business venture which is funded and operated by the government and the private sector. This Private Public Partnership have been used by many countries in order to build major infrastructures that the government cannot finance because of sufficient public funding is not available. Financing through a Private Public Partnership can allow a project to be completed sooner. For example, a city government might be heavily indebted in funding the projects construction in exchange for receiving the operating profits once the project is complete. This Private Public Partnership can be used to finance, build and operate projects such as public transportation like the Subic-Clark-Tarlac Expressway (SCTEX) or the North Lane Expressway (NLEX). This Private Public Partnership can also help the fellowmen of the country to have some jobs or lets just say that it will help the employment problem of the economy because of the projects that will be built by the government and the private sector. As you can see, government has aligned with the private sector to make our lives easier. It can take more innovative ways to address development, economic growth, unemployment and training

The second and last program would be the Cash Conditional Transfer (CCT). It is a program that aim to reduce the poverty making welfare programs conditional upon the receivers' actions. The government (or a charity) only transfers the money to persons who meet certain criteria. These criteria may include enrolling children into public schools, getting regular checkups at the doctor's office, receiving vaccinations, or the like. CCTs are unique in seeking to help the current generation in poverty, as well as breaking the cycle of poverty for the next through the development of human capital. Few development initiatives have been evaluated as rigorously as CCT programs.\ The implementation of conditional cash transfer programs has been accompanied by systematic efforts to measure their effectiveness and understand their broader impact on households behavior, a marked departure from the limited attention that has been paid to rigorous impact evaluations in the past. Evaluation results are available for PROGRESA in Mexico, PETI in Brazil and the Atencion a Crisis in Nicaragua. These evaluations reveal that conditional cash transfers can provide effective incentives for investing in the poors human capital. CCTs have affected not only the overall level of consumption, but also the composition of consumption. There is a good deal of evidence that households that receive CCTs spend more on food and, within the food basket, on higher-quality sources of nutrients than do households that do not receive the transfer but have comparable overall income or consumption levels. In Bangladesh, Pakistan, and Turkey, where school enrollment rates among girls were lower than among boys, CCTs have helped reduce this gender gap. CCTs have resulted in sizeable reductions in poverty among recipientsespecially when the transfer has been sufficient, well targeted, and structured in a way that does not discourage recipients from taking other actions to escape poverty. Because CCTs provide a steady income, they have helped protect poor households from the worst effects

of unemployment, catastrophic illness, and other sudden income shocks. And making cash transfers to women, as virtually all CCTs do, may have increased the bargaining power of women. So yes, I believe that these programs will accelerate development and can cause the nation to be a tiger economy like the other countries. Private domestic investment and rapidly growing human capital were the engines of economic growth.