As President Benigno S. Aquino III marked his
fifth year in office, the Palace on Tuesday (June 30) reported its achievements
in the past five years, vowing to continue to uphold the rule of law, and fight
corruption and poverty.
"Today, as he marks the completion of five years of his term of office, he reiterates his sworn commitment to ‘faithfully and conscientiously fulfill his duties as President of the Philippines’,” Communication Secretary Herminio Coloma, Jr. said.
"While the President will deliver a comprehensive report to the people in his final State of the Nation Address on July 27 before a joint session of Congress, it is well to affirm how he has lived up to the promises that he made in his platform of government when he filed his certificate of candidacy."
Since 2010, Secretary Coloma said, the country's average gross domestic product (GDP) growth of 6.3 percent has been the highest level attained by the Philippines in the past four decades.
This is the fastest growth rate of any nation in the ASEAN region and the second fastest in the Asia-Pacific region, he said, noting that government spending has been aligned with the national objective of achieving inclusive growth.
Coloma further highlighted the implementation of the Conditional Cash Transfer (CCT) program, saying that the number of its beneficiaries ballooned from 800,000 families to more than 4.4 million families at present.
The largest portion of the current national budget (37 percent) has been allocated for social development and poverty reduction, he said.
“Significantly, the number of overseas Filipino workers has declined from 10 million to 8.4 million, while domestic job creation has been sustained, resulting in a reduction of the unemployment rate to only 6.6 percent as of January 2015,” he said.
The administration, he added, has successfully strengthened and reformed public institutions.
Coloma further said that a Governance Commission for Government-Owned and -Controlled Corporations (GOCCs) was established in 2011 under Republic Act 10149, and these GOCCs’ direct contribution to the national coffers has been increasing every year.
“In fact, total dividends from GOCCs from 2011 to 2015 exceeded P131 billion, compared to P84 billion remitted in the preceding nine-year period,” he said.
The government has also made strides in fighting corruption and ensuring accountability in public service, Coloma said, citing as examples the Senate’s impeachment trial and the eventual conviction of a sitting Supreme Court Chief Justice, and the prosecution of three senators involved in the illegal use of pork barrel funds.
Good governance has become the norm of public service, he said, pointing out that the administration has carried out initiatives to ensure that the government remains open, transparent and accountable.
"During the next 12 months, the Aquino administration is firmly determined to further improve the delivery of essential public services and the strengthening of public institutions, so that we are able to build even stronger foundations for sustainable and inclusive growth and progress that would be its legacy to all future generations of Filipinos," Coloma said. (PCOO News Release)
"Today, as he marks the completion of five years of his term of office, he reiterates his sworn commitment to ‘faithfully and conscientiously fulfill his duties as President of the Philippines’,” Communication Secretary Herminio Coloma, Jr. said.
"While the President will deliver a comprehensive report to the people in his final State of the Nation Address on July 27 before a joint session of Congress, it is well to affirm how he has lived up to the promises that he made in his platform of government when he filed his certificate of candidacy."
Since 2010, Secretary Coloma said, the country's average gross domestic product (GDP) growth of 6.3 percent has been the highest level attained by the Philippines in the past four decades.
This is the fastest growth rate of any nation in the ASEAN region and the second fastest in the Asia-Pacific region, he said, noting that government spending has been aligned with the national objective of achieving inclusive growth.
Coloma further highlighted the implementation of the Conditional Cash Transfer (CCT) program, saying that the number of its beneficiaries ballooned from 800,000 families to more than 4.4 million families at present.
The largest portion of the current national budget (37 percent) has been allocated for social development and poverty reduction, he said.
“Significantly, the number of overseas Filipino workers has declined from 10 million to 8.4 million, while domestic job creation has been sustained, resulting in a reduction of the unemployment rate to only 6.6 percent as of January 2015,” he said.
The administration, he added, has successfully strengthened and reformed public institutions.
Coloma further said that a Governance Commission for Government-Owned and -Controlled Corporations (GOCCs) was established in 2011 under Republic Act 10149, and these GOCCs’ direct contribution to the national coffers has been increasing every year.
“In fact, total dividends from GOCCs from 2011 to 2015 exceeded P131 billion, compared to P84 billion remitted in the preceding nine-year period,” he said.
The government has also made strides in fighting corruption and ensuring accountability in public service, Coloma said, citing as examples the Senate’s impeachment trial and the eventual conviction of a sitting Supreme Court Chief Justice, and the prosecution of three senators involved in the illegal use of pork barrel funds.
Good governance has become the norm of public service, he said, pointing out that the administration has carried out initiatives to ensure that the government remains open, transparent and accountable.
"During the next 12 months, the Aquino administration is firmly determined to further improve the delivery of essential public services and the strengthening of public institutions, so that we are able to build even stronger foundations for sustainable and inclusive growth and progress that would be its legacy to all future generations of Filipinos," Coloma said. (PCOO News Release)
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