Fwd: [IMO] Enhancing chances for growth despite crisis

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Ezzedin Tago

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Apr 3, 2009, 3:32:35 AM4/3/09
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Begin forwarded message:

Date: April 2, 2009 11:57:52 AM GMT+03:00
Subject: [IMO] Enhancing chances for growth despite crisis


IMO Release 177

Enhancing chances for growth despite crisis

Manila (PND) -- Having put in place safety nets for the vulnerable sectors
of the economy, President Gloria Macapagal-Arroyo is simultaneously
enhancing the chances of the Philippines to grow despite the current
global financial crisis.

This, by promoting investments in agriculture, tourism and information &
communication technology sectors, which have been identified as the growth
drivers in the Philippines through the years, said Press Secretary Cerge
M. Remonde.

Her thrust for agriculture is aimed at meeting the 98% self sufficiency
goal by 2010, making it easier for the country to meet 100 percent
sufficiency by 2013 through her FIELDS program (fertilizer, irrigation and
other infrastructure facilities, extension and education, loans for inputs
and drivers and other post harvest facilities and seeds), Remonde said.

The Department of Agriculture extended 3.2 million fertilizer discount
coupons to farmers under the Fertilizer Subsidy Program. It also provided:
a) 13,635.52 MT of organic fertilizer and soil ameliorants; b) 2.615
million bio-agents; c) location-specific interventions like Bio-N,
Vital-N, Zinc Sulfate and Bio-con and d) soil and plant testing kits to
minimize wastage of fertilizer and soil ameliorants.

A total of 74,259 hectares of irrigated farmlands were rehabilitated while
irrigation service was restored in another 45,252 hectares. A total of
217,669 farmer-households benefited from 3,220 kilometers of
farm-to-market roads that were constructed or rehabilitated which in turn
generated 35,351 jobs.

Also built were 16 agricultural tramlines which now facilitate the
transport of commodities from highlands to markets (seven in Benguet,
three in Mountain Province, two in Nueva Vizcaya, two in Luzon, one in
Pampanga and one in Negros Occidental) and 15 mariculture parks were
established.

On extension and education, a total of 5,783 training activities were held
aside from 212 research and development undertakings to generate
production-enhancing and cost reducing technologies, Remonde said.

The government also released P3.18 billion to 108,760 farmers/fisherfolk
under various lending programs of the Agro Industry Modernization Credit
and Financing Program apart from the P6.32 billion released by Land Bank
to 221,110 palay farmer-beneficiaries.

To reduce post harvest (PH) losses and maintain grain quality, 596 flatbed
driers were distributed and installed; four corn post harvest processing
and trading centers were established each serving 2,000 hectares of corn
land to produce quality corn and improve farmers’ incomes through reduced
PH losses, Remonde added.

As of December 2008, the government distributed 55,189.12 MT of certified
seeds and 2,850.72 MT of hybrid seeds to farmers. Another 8.2 million
pieces of planting materials (sugarcane, mango, coconut, cashew, citrus,
lanzones, durian, cassava, mushroom and forage cuttings) 28,279 heads of
various animals and 122.3 million pieces of fingerlings and broodstock
were distributed.

On tourism, 23 tourism projects, including new hotels, tourist facilities,
enterprise zones and modernization of accommodations worth P15.9 billion
were endorsed by the Department of Tourism. Despite the global slowdown,
tourist arrivals as of October 2008 reached 2.6 million, 4% percent more
than the 1.87 million recorded in 2007.

With the government’s keen support for ICT, particularly the business
process outsourcing, the industry was able to generate 410,000 jobs and
revenues of $6.2 billion since end-2008, Remonde said.

__._,_.___
International Media Office Website - http://www.philimo.net




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