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PIA Press Release
2006/09/30

Commentary: Increased per capita income, reaping the gains of economic growth

Tacloban City (September 30) -- The projected increase in the country’s per capita income before the end of the year is indeed a happy indication that the government’s economic thrust is reaping its rewards in terms of the welfare of the average individual Filipino.

This manifestation will not only keep the economic momentum up but the people’s faith and drive unrelenting. With these, there is no way the country’s economy could go except to surge forward, not fall back.

Although the economic plan is in the anvil and slowly reaping its fruits, the work is not yet halfway through. What is more important is to make sure that the economic gains are felt by every Filipino people through more food in the table, better and more stable employment and improved and easily accessible social services.

The government, in its desire to filter the macroeconomic gains of the economy down to the average Filipino, enhanced microfinance programs are now being ironed out, a concrete step in lending a helping hand to those who lack the resources to further their livelihood.

This is a good reward to the people who have taken great strides in the economic take off by pushing productivity up and keeping divisiveness and destructive politics at a distance.

The increase in the per capita income only proves that the country is right on track—the payback of the Administration’s firm resolve and tough decisions backed up by the unrelenting support of the Filipino people.

The Filipino people must therefore, continue to join hands to keep the economy surging and to make sure that the economy will have no other course but to go up. (PIA 8) [top]

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