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SBSA III POLICY PRONOUNCEMENTS
(based on Transcripts from different public engagements)
I. Economy
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If we simply reduce our people into merely surviving on a day-to-day basis, we keep them enslaved to the culture ofpatronage to which they have been completely dependent uponall these years. It is also possible to speak about deepening andgiving substance to our democratic gains in the ‘80s only if wehave satisfied the basic requirements for our people to survivehumanely and decently.
(PCIJ Forum)
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What we would like them to see, for instance in the question ofwages for our labor, I would like the business community to alsosee that there is a suppression of the market potentials andhence the limit of their growth. I’m not sure now if it was Time orNewsweek that had a cover story of Asia’s richest family andwhat is striking is the taipan in Hong Kong is richer by ahundred fold than the biggest taipan in this country, for a statethat is smaller, that has not the resources of the country. Why isthat so? There will be mechanisms whereby that will beenforced. For instance I have already filed bills both when I wasin the House and now in the Senate that mandates anautomatic profit sharing scheme once profits are increased. Andthe auditing entity will be chosen by the labor sector.
(PCIJ Forum)
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Our system of governance dictates that our industrial, ourbusiness sector has a mid-term goal. Hence, there seems to bea change within every administration of policy directions. One ofour hindrances to our growth in the economy is the lack ofstable policies whereby investors believe there is an added riskwhen investing in the Philippines.
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The idea of (this administration’s) economic success isdebatable. We have not been badly affected by the GlobalFinancial Crisis because our economy is not that much involvedwith the global economy. (
Wall Street Journal
)
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Our deficit has been constantly revised. (
Wall Street Journal
)
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The Attrition Law is a very good law wherein when personnel [ofrevenue generating entities] meet the revenue collection goalsthey are given a reward. If they surpass the goals, then they aregiven a bigger reward. Conversely, when they do not get tomeet the goals, they are reprimanded, they are given a warningand eventually they can get terminated form the service for nothaving met the goal. (
Wall Street Journal
)
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“Will I ask the country to run a marathon when you haven’texactly ascertained that you have an athlete that can competein that marathon.” (
Wall Street Journal
)On Agriculture
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We were supposed to support a program called the hybrid rice,which would have doubled to quadruple the income of ourfarmers, if it had been implemented properly. (
Wall Street Journal
)
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Harvest time normally would produce a surplus. That (2008harvest) was the first time we had an increase in rice prices atthe time of harvest. Conversely, there was a decrease in riceprices at the point in time the stocks were dwindling inexpectation of the next harvest. “
Somehow, thisadministration found a way to repeal the laws of supplyand demand.”
(
Wall Street Journal
)
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Napakaliit ng intervention ng NFA doon sa mercado. Hindinaging effective mechanism to prevent the increases in pricesof rice. Yung idea ng subsidy, ang dami nating narining naabuso e. Mga sinicertify na may karapatang magimport amongother things. Parang panahon po ng nanay ko, nerirethink poyung NFA. Kailangan ba ho talaga natin yan? May tulong batalaga yan? Ang laki ng drain sa kaban ng bayan. (090926 02)On JPEPA
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None of the obstacles for investing in the Philippines asenumerated by the Philippines Japanese Chamber ofCommerce (PJCC) were covered by [JPEPA]. They (PJCC)were talking about infrastructure, they were talking about peaceand order, they were talking about so many other things, none
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of which will be covered by that particular agreement. (
Wall Street Journal
)On BPOs
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The figures in Business Process Outsourcing are only 1 out of20 get in. The issue of English competency now comes to theforefront. (
Wall Street Journal
)On Trade
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Your main mission has to be to find out the comparativeadvantages and work on those comparative advantages.Reforming our structures so that we will have a competitiveindustry that can compete at the global playing field. (
Wall Street Journal
)
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We will establish hard industry but we don’t have thewherewithal to put the skilled manpower, the educatedmanpower to man all of these things. One of our main goals isto improve that. (
Wall Street Journal
)
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If there are industries whose comparative advantages havealready been demonstrated, semiconductors will be one ofthem, let’s find out if there are further ways to assist them. (
Wall Street Journal
)
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Fundamentally, we have so many advantages, [and] what [we]really need is the execution and the political will to [use thoseadvantages]. (
Wall Street Journal
)
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How much does it cost to set up a (blast) freezing facility here?How much does it cost us to bring the commercial attaches inall of our embassies to trumpet this Philippine fish? (i.e.improving domestic production and using foreign attaches tomarket out domestic products). (
Wall Street Journal
)Taxation
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Part of the platform is to have a clear cut taxation policy. (
Wall Street Journal
)
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Yung sa BIR, tignan niyo yung VAT. May sinasabi silang VATleakage. Sabi ko ang taong nagbayad ng VAT, meron siyang
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