MADERAZO, RALPH CHRISTER A.

MPA 1

The Philippine Development Plan (PDP) 2017-2022 is the first medium-term plan to be
anchored on the 0-10 point Socioeconomic Agenda and is geared towards the Ambisyon
Natin 2040 which articulates the Filipino people’s collective vision of a MATATAG,
MAGINHAWA, AT PANATAG NA BUHAY PARA SA LAHAT. It also takes into account the
country’s international commitments such as the 2030 Sustainable Development Goals.

EO 27 directs all government agencies, state-run firms and local government units to
“adopt and disseminate the PDP 2017-2022 and undertake efforts leading to its full
implementation” as well as “align their budgetary and departmental/corporate
programs with the strategies and activities identified” in the plan.

The PDP 2017-2022 targets a 7-8 percent growth in gross domestic product (GDP) in the
medium term by pursuing the Duterte administration’s 10-point socioeconomic agenda,
which is ultimately aimed at reducing the poverty incidence to 14 percent by 2022 from
21.6 percent in 2015.

As for job creation, PDP 2017-2022 wants to reduce unemployment to as low as 3-5
percent by 2022 from 5.5 percent last year.
PDP 2017-2022 is the first medium-term development plan anchored on the long-term
vision dubbed “AmBisyon Natin 2040.”
Launched last year, AmBisyon Natin 2040 aims at tripling the per capita income to
$11,000 in 24 years by sustaining an annual GDP growth of at least 6.5-percent along
with the implementation of policies that would make the Philippines a high-income
country by 2040.

Under the current plan, the target is to reduce poverty incidence from 21.6 percent in
2015 to 14.0 percent by 2022. This is equivalent to lifting about 6 million people out of
poverty. Specifically, poverty in agriculture and in lagging regions with high poverty
incidence and inequality will be targeted. Individuals and communities will also be made
more resilient by reducing their exposure to risks, mitigating the impact of risks, and
accelerating recovery when the risk materializes. Moreover, innovation will be
encouraged as the country sets its eyes on graduating to a knowledge economy in order
to accelerate growth in the future.

The strategies to achieve the targets cited above are grouped under three pillars:

Malasakit or enhancing the social fabric, Pagbabago or reducing inequality, and Patuloy
na Pag-unlad or increasing growth potential. Chapter 4 discusses the strategic
framework of PDP 2017-2022.
This document is organized into seven parts. Part I provides the overall context for the
Plan. Part II is about enhancing the social fabric to build the foundations for a high-trust
society. Part III stresses the importance of reducing inequalities in economic
development opportunities. Part IV focuses on increasing potential growth. Part V calls
for a supportive economic environment that will enable the economy to sustain growth,
and Part VI is about foundations for inclusive and sustainable development. Finally, Part
VII describes the institutional arrangements for implementation and monitoring––
making sure that what is planned is implemented and that timely adjustments are done.
As the PDP 2017-2022 is the first concrete step towards the realization of AmBisyon
Natin 2040, the government needs to make sure that it contributes to achieving the
collective aspirations of its citizens.

The 2017-2022 Public Investment Program (PIP) contains the rolling list of priority
programs and projects (PAPs) to be implemented by the national government (NG),
government-owned and controlled corporations (GOCCs), government financial
institutions (GFIs), and other national government offices and instrumentalities within
the medium term (or the plan period from 2017 to 2022), that contributes to the
achievement of the societal goal and targets in the Philippine Development Plan (PDP)
and responsive to the outcomes and outputs in its Results Matrices (RM). These
programs and projects may be financed using national government funds, including
internal cash generated by GOCCs, in partnership with the private sector or through
Official Development Assistance (ODA).

The PIP 2017-2022 contains the rolling list of PAPs to be implemented by the national
government (NG), government-owned and controlled corporations (GOCCs),
government financial institutions (GFIs), and other national government offices and
instrumentalities within the medium term (or the plan period from 2017 to 2022), that
contributes to the achievement of the societal goal and targets in the PDP and
responsive to the outcomes and outputs in its RMs.