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Investing in Filipino People
« on: October 25, 2012, 05:04:25 PM »
by pna

President Benigno S. Aquino III said his administration has aggressively invested in people so that Filipinos don’t leave their families to work abroad and instead encourage those who left to return home.

Leaving overseas should be an option not a necessity for the people, the President said during a business forum in Australia on Thursday.

To meet its goal, the government increased the budget for education and healthcare since 2011, he said.

In the proposed 2013 budget, the public will see substantial increases in terms of spending for education and health, he added.

The President noted that from 63 percent, the government was able to achieve 85-percent national health insurance program coverage.

As the administration increased the number of people covered, it also widened the number of diseases covered by the health plan.

“We believe our greatest resource is our people therefore the investments have to enable our people to seize the opportunities that would be coming,” the President said.

“Our mantra is inclusive growth. We also believe that direct intervention to accelerate the process of their being included in the growth of the economy is as important,” he said.

The Chief Executive also acknowledged the need to shift the focus of the government’s thrust from consumer-driven economy to investment-driven one.

“We would like to move that from consumer to investment driven and that is the focus of this administration, providing more and more opportunities for our countrymen at home. We are not doing that on a passive basis,” he stressed.

Currently, the President said there are about 10 million Filipinos scattered around the world that the government has to protect if there are uncertainties.

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