Davao forum to draft 5-year Philippine Development Plan
Davao City – Stakeholders from various sectors will help draft the five-year Philippine Development Plan in a forum scheduled from Nov. 8 to 9 at the SMX Convention Center here.
The plan, finance secretary Carlos Dominguez III said in a statement, would be incorporated in the development program of the National Economic and Development Authority (NEDA).
Some 300 participants from the national government, local government units (LGUs), the country’s development partners, civil society and other sectors are expected to attend.
Dominguez chairs the PDF consultative dialogue on Nov. 8-9 and Secretary Jesus Dureza of the peace process is his co-chairperson.
The Five-Year Philippine Development Plan will outline the Duterte administration’s strategy in sustaining high growth and making its benefits felt by all Filipinos through accelerated spending in infrastructure, human capital development and social protection for the poorest of the poor.
Dominguez said this two-day forum will gather representatives from the national government, LGUs, the development partner community, civil society, academe, Congress, business sector and other stakeholders.
The PDF evolved from the Consultative Group meetings held every 18 months among the government and its international development partners, such as the World Bank and other global financial institutions.
In 2004, while planning for the 2005 Consultative Group meeting, the government and the World Bank agreed to widen the participation of the forum by bringing in other stakeholders such as civil society, the private sector, academe and legislative representatives to join the dialogue.
Following this agreement, the Consultative Group meeting was restructured as an ongoing forum for dialogue and the PDF process was launched.
The last PDF formal meeting was held on Feb. 2013, also in Davao City, with around 300 participants from government, international development partners, and other stakeholders.
Dominguez said the forum offers business groups and other organizations such the Makati Business Club, “that also has been asking for an audience with the President,” the opportunity to take part in the dialogue and air their views on how best to sustain and achieve inclusive growth.
“The Department of Finance is holding a Philippine Development Forum in Davao City onNovember 8 and 9 and I would like to invite all these groups to participate in the forum because there they can air their concerns and we can discuss the future direction of our country,” Dominguez said.
Dominguez said the Philippines’ development partners, such as the World Bank, the Asian Development Bank, and other global financial institutions, along with civil society groups and representatives of foreign governments, are also invited to participate in the two-day forum.
Source: http://news.mb.com.ph/2016/11/05/davao-forum-to-draft-5-year-philippine-deavelopment-plan/
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