Comparing platforms of presidential candidates - BusinessWorld Online

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Comparing platforms of presidential candidates - BusinessWorld Online
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OPINION | Comparing platforms of presidential candidates [Numbers Don’t Lie By Andrew J. Masigan] READ:

presidential candidate’s socio-economic plan is his/her social pact with the people. It is their written commitment of projects and programs for which they can be held accountable for.

Manny Pacquiao’s socio-economic agenda consist of 22 areas that encompass housing, agriculture, youth development, and sports development, among others. Unfortunately, Pacquiao does not elaborate on his intentions for each, only to say that he will strengthen them. Neither did he deThe more substantive socio-economic plans come from Robredo, Moreno and Lacson. Let me delve on the salient points of each.rst to make her socio-economic agenda public.

Mass housing is the cornerstone of the Bilis Kilos agenda. The intention is to allocate 1.3% of GDP towards the sector, 16 times more than what was spent in 2020. The goal is to build 4.5 million homes over six years. This will be accompanied by reforms in urban planning, the goal of which is to make our cities greener, more inclusive, and livable.

Moreno was the only one who cited tourism and creative industries in his plan. He aspires to increase the number of foreign visitors to 24 million per year by 2028. This will be done by strengthening tourism infrastructure and aggressive international promotions. He plans to host high-proCreative industries include such sectors as furniture, fashion, homewares, etc. A national strategy for creative industries will be crafted to make it strong leg of the economy.

The Moreno plan is good but one that entails massive spending. We need to know how he intends to raise the funds given that Mr. Duterte has already elevated the national debt to its maximum tolerable level.Ping Lacson’s socio-economic plan is an interesting one. While it does not spell out his intentions for each sector of the economy, he dwells on the country’s core problems which he identies as hunger, unemployment, education, rising debts, and the aftershocks of the pandemic.

Lacson plans to reform the agricultural sector by providing subsidies for seeds, fertilizers, machinery, and irrigation. Unfortunately, he does not mention anything about migrating to technology-based farming which I think is the better route.

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