OVERVIEW OF THE PHILIPPINE

DEVELOPMENT PLAN 2017-2022

AND AMBISYON 2040
AMELIA A. MENARDO
Chief,ServicesDivision,Trade,ServicesandIndustryStaff
NationalDevelopmentOfficeforPolicyandPlanning
NationalEconomicandDevelopmentAuthority

1
Motivation: Realizing the Asian Century

Asiawillnearlydoubleitsshare of
global GDP to over 50%.
107,600
Asiasper capita income will rise six-
fold from2010to2050,higher than the
global average
66,700
47,800
7economieswillleadAsiasmarchto 41,700
37,400
prosperity(South Korea, Japan, China, 33,800
26,900
India, Indonesia, Malaysia and 22,900
22,700
Thailand)

ThePhilippineswillbeovertakenby
IndiaandViet Nam;willbeinthe
companyofMongoliaandCambodia. Figure 3: Projections of Per Capita GDP (constant 2010 PPP) of Selected Asian Economies in 2050
Source of basic data: ADB Publication Asia 2050
 Our Vision, Our Ambition
Along-term(25years)visionforthePhilippines.
Ananchorfordevelopmentplanningacrossadministrations.
Aguideforengagingwithinternationaldevelopmentpartners.
AbasisofunityamongFilipinos.
Itisavision,NOTaplan.
The Life We Want
Panatag
Matatag Maginhawa Enoughresourcesforday-to-
Familyistogether Freefromhungerandpoverty dayneedsandunexpected
Timewithfriends Securehomeownership expenses
Work-lifebalance Goodtransport Peaceandsecurity
Volunteering Travelandvacation Longandhealthylife
Comfortableretirement

6/5/2017
With the right policies, PHL can be a high-income economy by 2040.
 Filipinos believe that hunger, local employment, and poverty are the main
development issues that should be addressed.

No one is hungry 64
All Filipinos have a chance of finding jobs locally 51
No one is poor 50
Everyone can go to college 50
Everyone can get treatment when sick 38
All Filipino families have their own house 36
Everyone has modern lifestyle 17
The country is a world leader in science 10

Base: Total Interviews unwtd/wtd (10000/10000)

Studies show that poverty can be eradicated by 2040.
 Corruption is the most important governance issue that should be addressed.

0% 20% 40% 60% 80% 100% 120%

NOT NET
IMPORTANT
Eradication of Corruption 82 16 1 IMPORTANT IMPORTANCE

Fair enforcement of the law 76 22 2

98 2 96
Fast and easy processes 74 24 2
98 2 96
Order and Safety in the Community 72 26 2

Fast response towards problems 98 2 96

72 25 2
and complaints
Enough avenues to be able to ask
69 28 2
for help 97 3 94
Definitely important Slightly important
Slightly not important Definitely not important 97 3 94
97 3 94

Base: Total Interviews unwtd/wtd (10000/10000)

Priority sectors for AmBisyon Natin 2040

Housing and Agriculture

Urban Development Countryside
Development

Manufacturing
Tourism &
Allied Services
Financial Services

Education services
Transport and
Communication Health services
9
From Vision to Action

2035-
2029- 2040
2034 Needsandpreferencesmaychangeovertime
2023-
2028 Unexpecteddevelopmentsmayarise(e.g.climate,science&
2017 technology)
-2022
Eachplanmustbuildonpreviousplan,notchangeitunnecessarily
Requiresstrongownershipandbuy-inbystakeholdersandthecountrys
leadersoverthenext25years,startingwiththecurrentones
ThePhilippineDevelopment
Plan(PDP)2017-2022isthe
firstmedium-term
developmentplantobe
anchoredonalong-termvision
orAmBisyonNatin2040

http://pdp.neda.gov.ph
 PDP Overall Framework
MATATAG, MAGINHAWA AT PANATAG NA BUHAY

TO LAY DOWN THE FOUNDATION FOR INCLUSIVE GROWTH, A HIGH-TRUST

SOCIETY, AND A GLOBALLY COMPETITIVE KNOWLEDGE ECONOMY

MALASAKIT PAGBABAGO PATULOY NA PAG-UNLAD

ENHANCING THE INEQUALITY-REDUCING INCREASING GROWTH
SOCIAL FABRIC TRANSFORMATION POTENTIAL

Ensure people-centered, Expand Increase access Promote Stimulate

clean, and efficient economic to economic technology innovation
governance opportunities opportunities adoption

IMPLEMENT STRATEGIC TRADE AND FISCAL POLICY, MAINTAIN

Pursue swift and fair
MACROECONOMIC STABILITY, PROMOTE COMPETITION
administration of justice

Promote Philippine Accelerate Reduce Maximize demographic

culture and values human capital vulnerability of dividend
development individuals

Ensure peace and Accelerate strategic Ensure ecological

Ensure safety and
security infrastructure integrity, clean and
build resilience
development healthy environment
Economic Growth Targets for 2017-2022

2014 2015 2016 Targets2/

Indicators
Actual1/ Actual1/ Actual1/
2017 2018 2019 2020 2021 2022

RealGDP
GrowthRate(%)
6.1 6.1 6.9 6.5-7.5 7.0-8.0 7.0-8.0 7.0-8.0 7.0-8.0 7.0-8.0

1/ PSAs actual figures revised as of April 2017

2/ Adopted by the Development Budget Coordination Committee (DBCC) as of December 2016
PDP 2017-2022 Targets

Indicator Baseline Target

by 2022
Inclusive growth

Percapitaincome 3,550(2015) 5,000

(US$PPP,AtlasMethod)

Povertyincidenceinruralareas(%) 30(2015) 20

Povertyincidenceoverall(%) 21.6(2015) 13-15

Subsistenceincidence(%) 8.1(2015) 5
Unemploymentrate(%) 5.5(2016) 3-5
UnderemploymentrateinAONCR(%) 19.7(2016) 16-18
PDP 2017-2011 Targets

Indicator Baseline Target

by 2022
Youthunemploymentrate(%) 11 (2016) 8
High-trust society *Indicatorstobedeveloped;then
measuredatbaselineandatpost
Resilient communities
Globally competitive knowledge economy
RankinGlobalInnovationIndex 74 out of 128 Top one-third
countries in 2016

Adultsnotinemployment,education *Indicatorstobedeveloped;then
nortraining measuredatbaselineandatpost
2017-2022: The Philippines Golden Age of Infrastructure
Accelerating Infrastructure Development for Growth

Strategic Infrastructure Development is key to the attainment of inclusive growth

andsustainabledevelopmentthroughitsrolein:
Productionofgoodsandservices
Tradeandinvestments
Regionalintegration

Infrastructure Development is also vital in strengthening the countrys

socioeconomicdevelopment:
Sharingthebenefitsofgrowth
Incomegeneration
EducationandHealth
Public Spending on Infrastructure Targets as % of GDP, 2017-2022

8.0%
7.45%
7.5% 7.19%
7.07% 7.09%
7.0%
6.68%
6.5%

6.0%

5.5% 5.32%

5.0%
2017 2018 2019 2020 2021 2022

Source: DBM and NEDA

Note: 2017 data are based on the General Appropriations Act (GAA); 2018-2022 data are based on
projections.
National Spatial Strategy

1. Build on the efficiencies and maximize the benefits

of scale and agglomeration economies
DecongestMetroManila
Developregionalandsub-regionalcenters

2. Connect the settlements to form an efficient

network
Improvelinkagesamongsettlementsandkey
productionareasbyconnectingruralareasto
growthcenters

3. Make vulnerability reduction an integral part of

development
Reducetherisksofcommunitiesexposedtothe
threatsofdisasters
Proposed Legislative Measures

AmendmenttotheElectricPowerIndustryReformAct

AmendmenttotheBuild-Operate-Transfer(BOT)law

AmendmenttotheWaterCodeofthePhilippines

CreationoftheNationalTransportPolicy
PassageofSenateBillNo.1284orAnActCompellingthe
GovernmenttoAddresstheTransportationandCongestion
Crisis through the Grant of Emergency Powers to the
President.
Legislative Agenda to Expand Economic Opportunities in I&S, 2017-2022
Sector Outcome A: Trabaho: Economic opportunities in I&S expanded
Subsector Outcome: Local and foreign investments increased
Amendcertaineconomicprovisions RelaxrestrictiveforeignownershipprovisionsoftheConstitutiontoattract
moreFDI
oftheConstitution
PasstheEaseofDoingBusiness Enhancemarketcompetitionthroughimprovingeaseofdoingbusiness.This
legislationwillsustaintheintentionofProjectRepealtoreviewexisting
Act
policies,statutes,andregulations,andeventuallyrepealunnecessary
issuances.
AmendthePublicServiceAct Definepublicutility.
AmendtheRetailTrade AlignguidelinesforforeigninvestmentswiththeForeignInvestmentActand
lowercapitalrequirementsforforeignenterprisesandharmonizewiththose
LiberalizationAct
observedinAsiancountries.

RepealoramendtheFlagLaw
(CommonwealthAct138)
Adoptanopenaccesspolicy
Createalevelplayingfieldforforeignfirmswhenbiddingingovernment
procurement.
Adoptandenforceopenaccessinvarioussegmentsofthe
telecommunicationsmarket(e.g.,backhaulandbackbonefacilities)onanon
-discriminatorybasisandpublishpricesinordertointroduceeffective
competitioninthebroadbandortelecommarket.
 Para maabot ang AmBisyon,
Tayo na, umaksyonngayon.
To reach our ambition, let us put it into actionnow.

http://2040.neda.gov.ph http://pdp.neda.gov.ph
 OVERVIEW OF THE PHILIPPINBE
DEVELOPMENT PLAN 2017-2022 AND
AMBISYON 2040 AMELIA A. MENARDO
Chief,ServicesDivision,Trade,ServicesandIndustryStaff
NationalDevelopmentOfficeforPolicyandPlanning
NationalEconomicandDevelopmentAuthority

24