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Duterte admin expands funding source for ambitious infra upgrade plan
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BBB program gains headway
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By Lorenz S. Marasigan
rom a bias on deals developed under the Public-Private Partnership (PPP) Program, the government has taken a different leaning on infrastructure growth, with its eyes now keen on building more infrastructure through bilateral loans and taxpayers’ money. Economic managers agreed that the key to ushering in the Philippines to the vaunted “golden age of infrastructure” is political will. Just recently, the Duterte administration decided to pursue its own key infrastructure program called Build, Build, Build (BBB). This is the heart of President
Duterte’s first State of the Nation Address in 2016, when he vowed to increase the spending on public infrastructure to 7.4 percent of the country’s GDP through 2022. The program, which was launched a few days ago, was met with support from the general public and the private sector.
WHAT IS BBB? COINED after President Duterte mentioned the phrase during his first State of the Nation Address, the Build, Build, Build (BBB) program is the government’s “most ambitious infrastructure plan,” which is deemed as the solution to traffic congestion, the high cost of prices, the demand for efficient mass transport projects, and the need for more jobs. It requires the cooperation of the following agencies to be a success: the Departments of finance, budget, public works, transportation, National Economic Development Authority and the Bases Conversion and Development Authority. Currently, there are 36 infrastructure projects are listed in a Web portal (www.build.gov.ph). These are “envisioned to increase the productive capacity of the economy, create jobs, increase incomes, and strengthen the investment climate leading to sustained inclusive growth.” Included in the pipeline are the Connector Road, the Mega Manila Subway, the North-South Railway Project, the New Clark Green City, and the Regional Airports Development Program. A huge portion of the projects may sound all too familiar, as they were jumpstarted by previous administrations, but were not pursued due to time and legal constraints. Lorenz S. Marasigan
“This administration appears thoroughly focused on building up the country’s infra because it is a prerequisite to our transformation from an exclusive and uneven growth path toward an economy that is truly inclusive,” Finance Secretary Carlos G. Dominguez III said. Over the next six years, the government will spend roughly P8.4 trillion to build, modernize and rehabilitate new and old infrastructure, as the country plays catch-up with its neighbors in terms of adequacy of transportation facilities, energy and water supply, and other socioeconomic needs. From 2018 to 2020, the government will undertake its P3.6-trillion Three-Year Rolling Infrastructure Program, which is mainly focused on the development of transportation facilities
throughout the Philippines.
Bias on ‘hybrids’
Despite being gift-wrapped with an intergenerational pipeline of 53 projects worth P1.5 trillion, Duterte’s economic team is now more keen on pursuing its own infrastructure development program. Dominguez explained that the apparent shift in bias was borne out of the nature of PPP deals, which he described as too slow in movement, when compared to projects that are under official development assistance (ODA) and General Appropriations Act (GAA) funding. “The past admin ‘PPP-ed’ the projects out. But to get a project from an idea, it takes around 30 months to do so. So we decided to take the projects ourselves, then, Continued on A2
Bemedaled AFP commanders lead campaign vs ASG, Maute Group
‘Great leap’ in PHL’s antiterror drive
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By Rene Acosta
ith two of the most decorated and best commanders of the military leading the operations on the ground, the campaign against the Abu Sayyaf Group (ASG) and other terrorist groups in Mindanao is making a decisive gain as shown by the recent killings of two of the ASG’s most active, elusive and dreaded leaders. PESO exchange rates n US 49.9270
While the Armed Forces usually measures the results of its campaign on the number of enemy casualties, which is not necessarily the yardstick for the overall success of any operation, the deaths of ASG subleaders Muamar Askali alias Abu Rami and Alhabsy Misaya were a “great leap” in the antiterrorism campaign. After all, the two terrorist leaders, who have managed to elude the massive and continuing operations of the military until their deaths, have taken the notoriety of the ASG to new heights by perfecting the bloody and lucrative art of kidnapping and resurrecting
it for their group, which, in the process, have enriched the ASG by way of ransom money. Misaya and Askali were notoriously feared since they have the habit of decapitating their captives once their demand for ransom is not met. Both belonged to the second and third generations, respectively, of leaders of Mindanao’s most notorious group.
‘Experts’
Various reports from the military have tagged Misaya and his group as responsible for some of the daring kidnappings that were perpetrated at sea by the ASG, with
most of the cases carried out on Mindanao’s border waters with Malaysia and Indonesia, by intercepting and boarding transiting vessels. Misaya and his followers even traveled to Sabah to take captives, whom they would later move to Sulu where they negotiate for their victims’ freedom by way of ransom money. The military said that in March last year, Misaya and his group kidnapped 10 Indonesians aboard a tugboat and a barge in the waters of Sulu, while the sailors were bringing in coal to the
₧250M The amount of ransom money Askali got in exchange for the freedom of German couple Stefan Viktor Okonek and Henrike Dielen
Continued on A2
n japan 0.4440 n UK 64.5157 n HK 6.4155 n CHINA 7.2404 n singapore 35.6545 n australia 36.9809 n EU 54.8448 n SAUDI arabia 13.3139
Source: BSP (5 May 2017 )