What will happen to the country after PNoy’s term?
This is a concern I heard from one bank executive while thinking aloud. How do you make sure that reforms that have been initiated will continue beyond the term of PNoy?
The answer of course is to make the reforms not personality–based. This is also one of the staple questions asked in various discussions, according to Trade Secretary Greg Domingo.
And his staple answer is major reforms have all been institutionalized through laws such that future administrations have no way to go but pursue the reforms introduced.
Secretary Domingo has just recently returned from a trip that took him to several countries in Europe and Asia on a mission to invite more investors to the Philippines. Of course, he is not in competition with PEZA Director General Lilia de Lima who also was on a road show of the Scandinavian countries, and successful too.
News about the Philippines moving up 30 notches in the World Bank report on Ease of Doing Business was a welcome treat. Of course, the target has always been to land in the top third from bottom third or no.63 countries out of 189 countries by 2016.
Major gains have been in the areas of resolving insolvency, getting credit, and getting electricity or three of eleven items MSMEs need to contend with in the conduct of their business.
Indeed, it would be nice if we are able to land in the top third of countries in the next round but it would be nicer if the jobs our people have been hoping for finally sees the day. Naiinip na po kasi ang mga tao eh!
Recent calamities have shown the Filipinos’ indomitable spirit and resiliency. Each time, we rise up and pick up the pieces. I am sure the country will survive a post-Aquino scenario. Not that we consider his rule in the same vein as a calamity.
God is Great!