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PIA Press Release

Global financial crisis resiliency planning workshop conducted in Caraga

by Melanie A. Maur and Ian G. Miculob

Butuan City (23 February) -- About 125 representatives of the academe, private sector, line agencies, local government units and non-government units actively participated in the Global Financial Crisis Resiliency Planning Workshop held in one of the convention centers here in Butuan, recently. The workshop was aimed at formulating the Global Financial Crisis (GFC) Resiliency Agenda of Caraga Region.

During the workshop, various sectoral and sub-sectoral inputs were synthesized and presented. The most urgent concern addressed was the protection of the vulnerable sectors, which include the households under poverty line, workers in the export sector, returning overseas Filipino workers and their families, and the children and youth.

The participants also discussed issues such as the absence of sustainable source of income, low prices of agricultural and forestry products, untimely implementation of the new real tax rate, displacement and retrenchment of workers due to slow down of mining activities, unemployment and tenurial issues.

Areas for collaboration among agencies were identified to synchronize programs, projects and activities in stimulating the region's economy to soften the impact of the financial crisis.

The National Economic and Development Authority (NEDA) - Caraga Region hosted the said workshop to provide a venue for a multi-stakeholder consultation in drawing up concrete action plans to weather the economic crisis and prepare for the turnaround beyond 2010. (NRO XIII/ PIA-Caraga) [top]

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