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Commentary: PGMA shares with the UN assembly RP's poverty alleviation agenda

Cebu, Philippines (30 September) -- President Gloria Macapagal-Arroyo shares with the UN General Assembly in New York the country's roadmap to poverty alleviation as she noted the UN's role as a pillar of regional development.

Arroyo said, the UN plays a major role in the country's poverty alleviation agenda. "It is the most important part of our agenda and our vision to lift the Philippines into a modernized nation in twenty years and we want to be actively engaged in local, regional and global affairs because that is the future."

The President added that the country believes in the power of the global trading system to alleviate poverty and modernize nations through market forces. She however said that although the country today cannot compete head-to-head in every sector, it does not mean that it is afraid of globalization.

Arroyo told the assembly that the Philippines has reached a new level of maturity and stability through its increasing connection with the economies of the world, and "we have some of the strongest macroeconomic fundamentals in 20 years."

The President said, six years ago, no one thought the country could get more revenues, cut down on tax cheats, strengthen the peso, move the stock market and a balance budget. "We have pre-paid our debts and we have raised employment."

The Doha Round, Arroyo said remains to be the best option to address poverty and improve standards of living around the world through an agreed set of international trade rules. The Doha development Agenda's emphasis is integrating a developmental dimension into all elements of the negotiations-- the multilateral trading system.

She also informed the UN members that the Philippines, being a signatory to various UN conventions including that on the UNFCCC and the Kyoto Protocol, stresses on a sustainable economic and environmental development.

"We are developing and promoting our Green Philippines agenda that emphasizes a sustainable economic model that brings economic opportunity and a concern for our environment," Arroyo added.

The President also said that her administration has introduced new industries that are clean and profitable. The biofuels industry helps the country's energy independence, creates jobs and keeps the nation clean for future generations. "We are further developing our geothermal power which is one of the two largest in the world," she said.

As part of capacity-building, President Arroyo called on the UN and partners among developed nations to strengthen South-South cooperation where developing nations with specific strengths can share with other developing nations in need of their strength, funded by developed nations or multilaterals like the UNDP. (PIA-Cebu/MBCN) [top]

|«  prev  next  »|
»Commentary: US-ASEAN biz council to build economic ties with RP
»Commentary: PGMA shares with the UN assembly RP's poverty alleviation agenda
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