Bangon Pilipinas lone senatorial candidate Eddie Villanueva on Tuesday said government has failed to deliver on its promise to alleviate the plight of the marginalized sector, citing data which shows a growing distance between the country’s rich and poor populations.
“Clearly, the increasing gap between the rich and poor Filipinos show how the government has failed in its decades-old promise of bringing development and prosperity to the country’s poor,” Villanueva said.
At a recent economic forum, data presented by former economic planning director-general Cielito Habito show that in 2011 the wealth growth of the 40 richest individuals in the country is equivalent to 76% of the country’s gross domestic product (GDP) growth. This is the highest in Asia as the wealth growth of Thailand’s top 40 was only at 33.7% of its GDP growth while it was 5.6% for Malaysia.
nder the Forbes 2012 list of the wealthiest people in the Philippines, Henry Sy and Lucio Tan posted a combined wealth of over $13.6 billion which is equivalent to 6% of the entire Philippine economy.
Villanueva said the government’s economic managers need to give more focus on bridging the increasing divide between the two groups, noting that these numbers provide empirical support behind the common sentiment that very few are benefitting from the country’s economic growth.
“While unfortunate, this data supports our advocacy of pursuing our politika at ekonomiya ng sagigilid that brings the interests of our poor to the fore of the government’s policies,” he added. “This validates the need for urgent reforms in the government’s policies to ensure that the poor is not left out of economic gains.”
Villanueva’s campaign is anchored on inclusive growth that will benefit the country’s underserved, under-represented, and poor sectors – or those he collectively refers to as the “sagigilid”.
Villanueva’s 3Es platform – Ekonomiyang Agresibo’t Walang Napag-iiwanan, Edukasyon na Napapanahon, at Entre-Pinoy na Masang Pilipino ang Nangunguna at Nakikinabang. Economy – pushes specific policy reforms that will empower marginalized Filipinos and provide necessary infrastructure to allow them to benefit from the country’s economic gains.
Under his platform, Villanueva proposes legislative measures that will support a “genuine” agro-industrial development which, he said, will directly increase earnings of many poor Filipino households that belong to this sector.
He also supports legislation that will protect and uphold the rights and interests of the Overseas Filipino Workers (OFWs) and measures that will prepare the local environment for their eventual return to the country.
As part of his economic platform, Villanueva proposes amendments to the Local Government Code that will focus on enhancing the sharing scheme of both internal revenues and the national wealth.
On education, Villanueva advocates higher government investments in the sector, consistent to his belief that competitiveness is not only a function of relevant physical infrastructure, but also of a highly educated human resource.
On employment through entrepreneurship, Villanueva seeks measures that will establish Community Entrepreneurial High Schools throughout the country. These schools are envisioned to transform students, parents, and communities into entrepreneurs capable of growing micro, small, and medium businesses with the help of teachers and the local government.
“No real progress leaves out majority of the population in the throes of poverty and insecurity. With the increasing gap between the country’s rich and poor populations, it is even more important now for us to push government to adopt policies that will shift how it views development and see it in terms of how it will ultimately impact the country’s “sagigilid”,” Villanueva said.