Ways Ilonggos can help the economy
There are several
attainable ways that Ilonggos can do in order to help the Philippine economy
progress and be competitive, according to the former chief of the National
Economic Development Authority (NEDA).
“According to a book of
Ruchin Sharma, the Philippines is the new economy to watch, like Turkey and
Indonesia. But Filipinos have to do their share,” Dr. Cielito Habito said.
First,
Filipinos should demand good governance from its political leaders, but we
should also deserve it.
In
the midst of protests against the pork barrel system in government, Habito
shared that a friend told him, “Bakit sila nag-iingay eh nagastos na?”
“This
is not the attitude that will get our nation anywhere. We get the leaders that
we deserve. So, invest in good political
leaders. Solita Monsod said that if we abolish the pork barrel, there is no
need to spend millions for campaigning,” he said.
Sharma
said the quality of political leadership is crucial to becoming a breakout
nation,” he said.
Second,
stabilize the economy.
“Pay the proper taxes. Too
bad, many are still evading paying taxes. Also, buy locally or Filipino
products. My family buys from Los Banos, Laguna because that’s where we live,
not Manila. So, Ilonggos should buy from Iloilo,” Habito said.
He also advised
businessmen to invest in Mindanao “and help stop its vicious cycle of backwardness.”
Third, discover the
Philippines first before other countries.
“Instead of going to Hong
Kong, visit Bohol or other Philippine destinations,” he said.
Fourth, invest in a poor
family.
“One out of five families
is poor. It takes only one of every four non-poor to adopt a poor family. But
don’t give them fish but teach them how to fish. Nurture somebody directly,
don’t pass it through a non-government organization,” he said.
He also urged businessmen
to nurture a poor family’s small enterprise.
“Share your own
entrepreneurial gift. Take it as your personal challenge. The caring and sharing
becomes more meaningful,” Habito concluded./