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PIA Press Release
2009/02/02

PGMA proposes three steps to re-energize the world economy

Tacloban City (February 2) -- Speaking at this year's World Economic Forum at Davos, Switzerland, President Gloria Macapagal Arroyo proposed three steps to re-energize the world economy.

First and foremost, "we need a fundamental reform of the global financial regulations," President Arroyo said.

"No. 2, Doha must continue, must be completed, and that is where the interest of the developing countries can take their rightful place in the global structure of the economy.."

Thirdly, she said that the G7 group of the world's wealthiest nations "must expand to G20 or even G30" to include developing nations.

The Doha round of WTO trade talks have stalled because of the resistance of highly developed countries to moderate or lift subsidies to their agricultural sectors.

At the plenary session of this year's gathering of world economic, business and political leaders on Saturday, the President strongly batted for a bigger role of developing countries in international discussions of the global economy, and a radical re-thinking of how to avoid the pitfalls that led to the freefall of the world economy.

In calling for greater participation of developing nations in the international economic structure, the President said it is "ironic that developing countries now are doing better than the developed countries. And yet, if they will not have a say in the structure of the world economy, that's really wrong."

The President opined that there is a need for the developing countries to be represented because they, too, have something to share such as how they are able to keep their countries resilient.

Another way, President Arroyo said, by which to make the G20 or the G30 more successful, or assure its success, is that "we should be complemented by regional alliances, consulted more closely... and meshed together among themselves," the President added.

Don't neglect the poor in the rush to maneuver the world economy out of the current crisis, President Gloria Macapagal-Arroyo told her fellow participants at Davos.

"What is important here is that we must not neglect those who feel the hardships of the global downturn the most - and that is the poor," the President Arroyo said. (PIA 8)

DSWD bares PGMA's KALAHI-CIDSS gains in Region 8 bared

Tacloban City (February 2) -- The inspiring gains in Region 8 of KALAHI CIDSS, the flagship poverty alleviation project of President Gloria Macapagal Arroyo were disclosed by Project Manager Celeste Madlos during the recent Harampang Ha PIA media interaction recently.

The initial gains in Empowerment include enhanced roles among the beneficiaries, as productive and responsible members of the community; increased participation in barangay assemblies; more expressed civic mindedness among the beneficiaries and willingness to engage in community activities.

The initial gain in improving local governance could be glimpsed through more responsive barangay local government units in allocating their meager resources; increased number of Barangay Assemblied conducted; more responsible resource mobilization; increased technical assistance from the municipal local government units to KALAHI CIDSS activities. KALAHI CIDSS has shaken traditional perceptions and practices or ways of doing things.

With regards to the initial gains in Poverty Reduction, the gauge include health benefits due to access to safe and potable water, increased productivity because of access to irrigation projects, salaries paid to temporary employment of laborers during the implementation of special projects which reached P59 million.

About 40% of the total loan entitlement of the country for the Kalahi CIDSS program, has been allocated for Region 8. This means about P700 Million, P251 M has yet to be distributed, Ms. Madlos said.

This project of President Arroyo is not dole-out but more on empowering the poor communities to manage their own resources and to solve their current problems. The local government units provide counterparts to the project funding and most of the time the citizens themselves are too willing to contribute.

One Kalahi municipality in Samar, particularly Pinabacdao, has been granted incentive programs called the Social Inclusion program.

Meanwhile, two KALAHI local government partners, Balangiga and Maslog were given incentive funds under the Makamasang Tugon. (PIA 8) [top]

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