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ECONOMIC

DEVELOPMENT AND
SERVICES

Philippine economy continues to

expand, and the governments


investments for inclusive growth
must grow as well. Thus, the
proposed Budget for 2015
reflects a 15.1 percent increase
over the 2014 General
Appropriations Act (GAA). Net of
the debt burden, the Budget
increases by a faster rate at 16.9
percent year-on-year. The total

The 2015 Budget was designed following the


objectives outlined by this framework:
Sustain economic expansion and facilitate

the creation of more jobs;


Accelerate poverty reduction by expanding
key social protection and social services;
Manage climate risks and build back better
the communities ravaged by recent
disasters; and
Establish an enabling environment for
inclusive development through lasting peace
and the rule of law; and, above all, through
good governance.

Job Generation and Economic Expansion

Agriculture
The performance of the

agriculture sector is a key


determinant to the overall
economic growth and to its
people's food security.

Recent Developments in the


Philippine Agricultural Economy
Economic Performance

Gross Domestic Product


(GDP) grew by 7.33
percent. The agriculture
and fishery sector, which
contributed 17 percent to

Employment and Wages

The country's labor force in


2010 totalled 38.89 million
persons. Employment rate was
93 percent. About 11.96 million
persons were employed in the
agriculture sector. This
comprised 33 percent of the
national employment.

Agricultural Support Services

The government expenditures


for the agriculture sector at
P89.22 billion in 2010 was up by
9.58 percent from last year's
record. Agricultural expenditures
shared 6 percent in the national
expenditures.

Production Performance

In 2010, production of palay and


corn dropped by 3.04 percent and
9.34 percent, respectively. Output
losses were, likewise, registered for
coconut at 1.00 percent and
sugarcane at 21.82 percent. Growth
rates of more than 3.0 percent each
were recorded by mango, tobacco,
onion, cabbage and eggplant.

Natural Resources
TheDepartment of Environment

and Natural Resources


(DENR)of the Philippine
government responsible for
governing and supervising the
exploration, development,
utilization, and conservation of
the country's natural resources.

The most pressing environmental


concerns in the country

Threat of emerging water scarcity


The Philippines obtains its

watersupply form three major


sources: rainfall, surface water
resources, andgroundwater
resources. While the country is
bestowed with abundant water
resources,the demand for water has
continuously increased, resulting in
the decline ofgroundwater levels.

Shrinking forested lands

Primary forests in the

Philippines are being


destroyed due to both
logging and agricultural
expansion, significantly
decreasing the Philippines
natural resources.

Severe pressure on unique Biodiversity

Biodiversity loss in the

Philippines stems from


habitat destruction,
overexploitation, chemical
or environmental pollution,
and biological pollution.

Threat on coastal and marine resources


The countrys coastal and

marine resources include coral


reefs, sea grass beds,
mangrove and beach forests,
fisheries, invertebrates,
seaweeds, marine mammals,
and others.

Mixed results of mining resource development,


The mining industry contributes

significantly to economic growth,


specifically in terms of
investment and employment.
However, a large number of
mining activities
are not covered by mining permits.

Extreme vulnerability to environmental hazards and climate-related


risks.

The country is prone to

natural hazards such as


tropical cyclones,
floods, earthquakes, and
volcanic eruptions. This is
primarily due to the
countrys location and natural
attributes. Climate change has

The Government allotted this budget for natural


resources

Commerce,
Industry or Trade
"Enabling Business, Empowering Consumers
The Department of Trade and Industry is the
executive departement of the Philippine
Government tasked to expand Philippine trade,
industries and investments as the means to
generate jobs and raise incomes for Filipinos.

History
October 4, 1947- Department of Commerce and Industry (DCI)
-was mandated to promote, develop, expand, regulate and control of
foreign and domestic trade and industry, as well as tourism.
June 21, 1974- Department of Industry
-whose principal function was to promote and enhance the growth of the
country's existing and thriving industries.
June 2, 1975 - Department of Trade
-to pursue efforts of the government toward strengthening the country's
socio-economic development, particularly in the area of commercial
activities.
July 27, 1981 - Ministry of Trade and Industry (MOTI)
-took over the functions of the subsequently abolished Departments of
Trade and of Industry.
February 27, 1987
Ministry of Trade and Industry and renaming it the Department of Trade
and Industry (DTI).

As a key agency of the Philippine

Government, the Department of


Trade and Industry is charged
with creating a business-friendly
environment conducive to the
growth of enterprises and
supportive of fair and robust
trade in goods and services both
within and outside the
Philippines.

DTIS Services
Service for Start-Ups or Potential

Entrepreneurs
Service for the Investor
Service for the Exporter
Service for Existing Entrepreneurs
Service for the Consumer
Service for DTI Employees
Service for Corporations

Transportation
Communication
The primary government agency

responsible for the development


and regulation of transportation
and communications systems is
the Department of Transportation
and Communication (DOTC)

As one of the first government agencies

established under the Malolos


Constitution on January 21, 1899, the
DOTC plays a crucial role in accelerating
the country's economic development. It
provides the backbone for growth and
enhances the country's competitive
edge by providing effective and efficient
transportation and communications
infrastructure systems that narrow the
geographical and physical divide,
connecting the country, its islands, and
its people to the rest of the world

DOTC 2013-2015 Budget (in Billion):

2013

2014

2015

34,185,121 B

45,161,306

59,463

DOTCs budget consistently


ranked 8th from 2013 to 2015.

Recent DOTC Projects:


DOTC Public-Private Partnership Projects

-The Project will involve the development of


the existing Davao Sasa Port in Davao City
into a modern, international-standard
container terminal that will improve trade
access to Mindanao and the Philippines by
providing a dedicated containerized port in
the region.
North-South Railway Project - South

Railway Commuter Line


-The North-South Railway Project (NSRP, or
the Project) is part of the Government of

Attached Agencies of DOTC:


Cebu Port Authority
Civil Aeronautics Board
Civil Aviation Authority of the Philippines

(CAAP)
Light Rail Transit Authority (LRTA)
Mactan-Cebu International Airport Authority
Manila International Airport Authority (MIAA)
Maritime Industry Authority
North Luzon Railways Corporation
Toll Regulatory Board

Utilities and
Infrastructure
Department of Public Works and Highways

(DPWH)
Department of Energy (DOE)
National Water Resources Board (NWRB)

Department of Public Works and Highways


Is theexecutive departmentof

thePhilippine
governmentresponsible for all
safety of projects in the field
ofpublic works.
Is mandatedto undertake the
planning of infrastructure, such as
national roads and bridges, flood
control, water resources projects

Function (DPWH)
The engineering and construction arm

of the Government tasked to


continuously develop its technology
for the purpose of ensuring the safety
of all infrastructure facilities and
securing for all public works and
highways the highest efficiency and
quality in construction.
Responsible for the planning, design,
construction and maintenance of

Department of Energy
Is theexecutive departmentof

thePhilippine
Governmentresponsible for
preparing, integrating, coordinating,
supervising and controlling all plans,
programs, projects and activities of
the Government relative to energy
exploration, development, utilization,
distribution and conservation

Organization
The Department is headed by

the Secretary of Energy who is


assisted by three
Undersecretaries and three
Assistant Secretaries. Under
the Department are the
Administrative Service,
Financial Service, Information

The Department is composed of the following


bureaus:

Energy Resource Development

Bureau
Energy Utilization Management
Bureau
Energy Policy and Planning
Bureau
Oil Industry Management

Units, agencies and corporations attached to the


Department:

National Biofuels Board (NBB)


National Power

Corporation(NPC)
National Transmission
Corporation(TransCo)
National Electrification
Administration (NEA)

National Water Resources Board


Is the leading government

agency for the water sector in


thePhilippines, regardingwater
resourcesandpotable water; it
is conferred with policy-making,
regulatory and quasi-judicial
functions within the Philippine
government.

The NWRB is an attached agency of

theDepartment of Environment and


Natural Resourcesand responsible
for ensuring the optimum
exploitation, utilization,
development, conservation and
protection of the country's water
resource, consistent with the
principles of "Integrated Water
Resource Management".

Other Economic Development


Military development expenditure

(% of GDP) in Philippines
Military expenditure was last
measured at 1.28 in 2013,
according to the World Bank.
Military expenditures data, which
includes all current and capital
expenditures on the armed
forces, including peacekeeping

The National Statistical Coordination Board (NSCB)

Is the agency responsible for

compiling and monitoring the


economic statistics of the
nation.

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