Developing a credible defense
in the Philippines – at about 21% --
capability would be a key priority of this
remains one of the highest in Asia due to
administration, while at the same time
unmitigated income gaps and lack of job
strengthening and pursuing
opportunities to sustain a burgeoning
comprehensive and strategic alliances or
population of about 104 million.
cooperation with our friends and partners
in the international community.
Corollary to this, demographic
challenges can be either a boon or bane,
Fighting criminality and illegal
depending on how we would handle it.
drugs is very high on the list of priorities
For the ‘boon’ part, call center jobs in the
of the current administration. The
cities, strong consumer spending and
country’s drug problem is a particular
remittances from millions of Filipinos
concern as this directly influences
who work overseas are fueling the
criminal activity involving drug abuse,
Philippine economy.
heinous and violent crime, gang-related
activities, money laundering, and the
corruption of the criminal justice system.
Apart from destroying society’s moral
fiber, drug abuse has led to the widespread
disregard for the rule of law, particularly
among our youth.
In
2017, the gross domestic
product (GDP) grew by 6.7 percent. It is
currently one of the fastest growing
economies in Asia, after China’s 6.9
percent and Vietnam’s 6.8 percent. And
with the implementation of Tax Reform
Acceleration and Inclusion (TRAIN) law,
Pursuing an inclusive and
sustainable economic development is the
the growth of the Philippine economy is
expected to further accelerate this year.
main pillar of the administration’s
economic policy.
Despite rapid GDP
growth in recent years, poverty incidence
[10]
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