Gloria arroyo economic programs




















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He had many achievements for France under educational, financial, administrative, legal and religious reforms. Every parent wants what is best for their child. Though parents do not have control over everything in their child's development, education is one they do control. A person's education. Specific Purpose: To give honor and recognition for his scientific achievements. Thesis Statement: Through his early life experiences and with the knowledge he left behind, Sir Isaac Newton was able.

RA Amended Anti-Trafficking in Persons Act which strengthens the power of the authority to prosecute pre-empted acts of trafficking, eliminates the privacy clause previously enjoyed by traffickers, penalizes the confiscation of travel documents such as passports and working permits from trafficked persons.

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The minimum wage in NCR increased just P5 in real terms over the almost decade-long Arroyo term compared to P82 during the time of Aquino, P16 of Ramos, and P22 of Estrada inflation-adjusted figures based on prices. This has caused income disparities to widen even more. The fundamentals for modernizing the economy have eroded. The sector created just 15, jobs annually since January to reach 3 million in January In contrast, seven times more household help jobs were created over the same period— , were added annually to reach 2.

The number of household help in the country is fast approaching the number of its manufacturing workers. The agriculture sector meanwhile has shrunk to Only , agricultural jobs were created annually over the last nine years to reach Rural poverty persists due, among others, to the slow pace of agrarian reform: the Department of Agrarian Reform DAR of the Arroyo administration only distributed an average of , hectares annually which is smaller than under Estrada , ha.

The deterioration of domestic manufacturing and agriculture go far in explaining the weak job creation. Deployments during the Arroyo administration averaged 1.

The erosion of domestic production is also causing an over-reliance on external sources of growth — especially overseas work but also such as low value-added export manufacturing and business process outsourcing BPO.

These activities are essentially disconnected from the domestic economy though and do not contribute to any broad-based economic dynamism. Yet the sector can only ever account for a tiny share of the economy and in was just 1. This is on top of the government having it worst deficits already with a cumulative NG deficit of P1. It also passes on a heavy debt burden that already reached P4. The Arroyo administration has effectively been borrowing an additional P billion annually since coming to power.

This is even after paying P5. Meanwhile the most important sources of deficit pressures are unaddressed: graft and corruption, trade liberalization, foreign investment incentives, unproductive debt service, and bloated military spending. These troubles were not primarily due to the consecutive food, fuel and financial crises but to flawed economic policies.



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