Inclusive growth

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The Department of Trade and Industry (DTI) is confident that the European Union’s (EU) new Generalized System of Preferences (GSP) scheme or GSP+ will help the government attain inclusive growth in the Philippines. During a recent forum on this new scheme, DTI Undersecretary Adrian S. Cristobal Jr. said that the Department’s program to maximize the utilization of the GSP+ is expected to create jobs in the rural areas. “We are encouraged and even inspired with the confidence of some sectors in projecting an immediate or short-term impact of about 200,000 jobs for the first year of the GSP+ implementation,” Cristobal said.

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