President Rodrigo Duterte signed an executive order that would allow the country to adopt the National Economic and Development Authority’s (Neda) vision of ending poverty.
Neda’s goal is to triple Filipinos’ real per capita income and completely eliminate hunger and poverty on or before the year 2040.
The Executive Order No. 5 that was signed by the President on Tuesday, October 11, officially adopts “Ambisyon Natin 2040.” This is a 25-year long-term vision for the country. Its goal is to make the Philippines a “prosperous, predominantly middle-class society where no one is poor.”
Covered in this EO is the identification necessary milestones that will serve as the guide for the development plans for four administrations. This will start with Duterte’s administration.
The four medium-term Philippine Development Plans (PDPs) to be crafted and implemented until 2040 shall be anchored on the Ambisyon Natin 2040 and overall goals. The PDPs shall ensure sustainability and consistency of strategies, policies, programs and projects across political administrations,” EO 5 read.
As such, “all plans of government departments, offices and instrumentalities, including government-owned or -controlled corporations and local government units, shall be consistent with Ambisyon Natin 2040,” the President ordered.
In a June survey, it was found the eight out of 10 Pinoys are hoping to live simple and comfortable lives. This means that majority of the Filipinos still wish to have earnings that would be enough to feed their families and support their everyday needs. It is also their dream to have at least one vehicle and enough savings for their children’s college education. Lastly, they wish to have the money to at least afford local trips and vacations.
72.1 percent of the 10,000 respondents believe that this simple and comfortable life can be achieved by the year 2040. Furthermore, they believe that such kind of life will be the standard way of living for the country.