Philippine economy on an...

alliance through more trade and investments can increase commerce, empower our people and ensure a peaceful, secure and prosperous environment for all of us.

In his presentation, Secretary Diokno emphasized that infrastructure spending is front and center of the Philippines’ growth strategy, with the government committed to reverse the under-investment in infrastructure that has been going on for more than a decade, averaging at only two percent of gross domestic product (GDP) growth.

This focus on infrastructure spending was echoed by Budget Secretary Amenah Pangandaman, who disclosed that the Philippines is determined to maintain infrastructure spending at 5-6 percent of GDP in the medium term, knowing full well that infrastructure is “the backbone of the economy.” education, particularly in encouraging healthy eating and promoting exercise to curb obesity. Hygiene and handwashing should also be encouraged, well as the teaching of modules addressing risky activities linked to adolescent pregnancies.

But what struck me most during the briefing were the extemporaneous remarks of Ndiamé Diop, the World Bank’s Country Director for the Philippines, Malaysia, Thailand and Brunei. In my experience as a news reporter, I know for a fact that when a person speaks extemporaneously, it means that he has real knowledge on what he is talking about, compared to someone who totally reads from his prepared remarks.

Mr. Diop noted the Philippines’ “remarkable growth story” and how it rebounded very strongly from the COVID-19 pandemic with 7.6 percent growth. He agreed with the interconnected structural reforms mentioned by Secretary Diokno, adding that “prudent macro-fiscal and macro financial management” is also behind the resilience of the country’s growth and macro stability.

Third, make school meals a nutrition intervention and use school feeding as a potential support to agricultural development. In addition to its nutrition, education and social protection objectives, school feeding is increasingly asked to support agricultural development through homegrown school feeding programs.

Adding a new objective increases the trade-offs that must be considered. In the case of homegrown school feeding, decentralization makes fortification — one means by which school meals can reduce micronutrient deficiencies — more challenging, but not impossible. Over time, however, homegrown school feeding may improve dietary diversity and increase food security among low-income producers.

These are doable and concrete measures that the schools can do and that the MAP should encourage. The future of a stunted Filipino nation is difficult to contemplate. (ManilaTimes. net)