Philippine Development Plan 2023–2028: Key Notes

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• Philippine Development Plan (PDP) $2023\text{–}2028$ presenter: Freddy Casas Navarro.

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• PDP $2023\text{–}2028$: overview.

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• Goal: deep economic & social transformation.
• Anchored on President Marcos Jr.’s $8$-point socio-economic agenda.
• Focus: inflation, COVID-19 scarring, fiscal space, job creation, poverty reduction, inclusive & green growth.

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• Core theme: Transformation via Collaboration, Innovation, Sustainability.

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• Digitalization → efficient, transparent public services; better data for programs.

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• Servicification → stronger inter-sector linkages; leverages PH competitive advantage in services sector.

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• Dynamic Innovation Ecosystem → translate R&D to products & quality jobs; government support vital.

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• Enhanced Connectivity: digital + physical infrastructure to link markets & people across archipelago.

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• Greater LGU–national collaboration; Mandanas-Garcia ruling increases LGU resources & responsibility.

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• Private-sector partnership: calibrated incentives, PPP reconfiguration, pro-investment climate.

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• Collaboration integral across PDP strategies.

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• Overarching goal: prosperous, inclusive, resilient society.
• Objectives: (a) develop/protect individual & family capabilities; (b) transform production for quality jobs & competitiveness; (c) enable environment (institutions, natural & physical).

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• Strategy framework highlights: human development, agri modernization, industry revitalization, service reinvigoration, good governance, infrastructure, climate action, peace & security.

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• Aligns with Ambisyon Natin $2040$: malasakit, pagbabago, patuloy na pag-unlad.
• Pillars: inclusive growth, high-trust society, knowledge economy, ecological integrity.

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• Chapter $2$: Health promotion via community ecosystems enabling healthy choices.

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• Lifelong learning expanded: better curricula, teacher competence, 3rd-party assessments, responsive TVET, HEIs as innovation hubs.

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• Livable communities: design new areas for access; upgrade deficient existing ones.

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• Chapter $3$: Efficient, digitalized social protection; ensure food security & nutrition through agri-food productivity and anti-malnutrition measures.

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• Strengthen SP for vulnerable groups; build universal, integrated system for timely delivery.

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• Chapter $4$: Improve income-earning ability via updated training, enhanced employment services, anti-discrimination enforcement, migrant reintegration.

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• Transform production sectors through: expand markets, promote value-adding, foster inter-sector linkages.

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• Chapter $5$: Modernize agriculture via clustering, tech adoption, innovation hubs; develop blue economy.

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• Chapter $6$: Revitalize industry—expand value chains in IMT, TMT, HLS, MBN; provide facilities, incentives.

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• Chapter $7$: Reinvigorate services—boost tourism, creative industries, IT-BPM; enable 24/7 logistics; build talent hubs; strengthen MSME support.

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• Chapter $8$: Build dynamic innovation ecosystem—support basic R&D, market-driven R&D, tech commercialization, innovation culture.

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• Chapter $9$: Promote trade & investments—assertive regional agreements, support local exporters, diversify inputs.

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• Chapter $10$: Ensure healthy regulatory environment; enforce Competition Act; apply regulatory impact assessment.

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• Chapter $11.1$: Maintain financial sector health; broaden financial inclusion; encourage innovation via regulatory sandbox & RegTech; strengthen consumer protection.

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• Chapter $11.2$: Sound fiscal management—Medium-Term Fiscal Framework, disciplined spending, prudent debt management.

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• Chapter $12$: Better connectivity through infrastructure (power, water, logistics); expand PPPs; sectoral master plans.

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• Chapter $13$: Ensure peace & security; efficient justice system for high-trust, investment-friendly environment.

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• Chapter $14$: Good governance & bureaucratic efficiency—accountability, participatory governance, rightsizing, digital transformation.

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• Chapter $15$: Climate action & disaster resilience—prioritize vulnerable communities; improve data & governance.

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• Headline targets drive poverty reduction & inclusive growth; regain pandemic losses; aim for upper-middle-income status by $2025$.

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• GDP growth targets: $6.0\text{–}7.0\%$ (2023); $6.5\text{–}8.0\%$ (2024-2028).

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• Production transformation: rise in Global Innovation Index (from $59^{th}$/$132$ to top $33\%$); top $33\%$ in Global Competitiveness Index by $2028$.

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• Employment targets: unemployment $4.0\text{–}5.0\%$; wage & salary workers in private sector $53\text{–}55\%$ of employed by $2028$.

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• Poverty incidence reduced to $9\%$ by $2028$.

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• Keep food & overall inflation within $2.0\text{–}4.0\%$; reduce subsistence incidence to $2.5\text{–}3.5\%$.

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• Fiscal discipline: NG deficit-to-GDP down to $3.0\%$; debt-to-GDP to $51.1\%$ by $2028$.

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• Table $1.1$ summarizes headline indicators: GDP, GII, GCI, employment, GNI per capita, poverty, inflation, fiscal metrics with annual targets.

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• Whole-of-society approach essential for transformation & resilience post-pandemic.

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• Closing: gratitude and well-wishes.

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• References: DOH, World Bank, ADB, IMF, etc.—sources supporting PDP analyses.