It was reported that Philippines economy’s contraction this year, 2020, could be greated that earlier predicted measures to contain the coronavirus outbreak weigh on domestic demand and investments, and the budget deficit is expected to rise sharply.
The decline is expected to be 2% to 3.4%. The budget deficit is estimated to reach P1.56 trillion pesos. For these reasons, I would like to shift my Global Government Modernization to enable the Philippine Government to reduce the expected budget deficit, reduce poverty without raising taxes. This program is called : A STRONG and MODERN PHILIPPINES –
SOME OF THE BENEFITS INCLUDE:
Reduce traffic congestion the modern way
Drastically reduce prison population and convert facilities as Job Training Facilities
Introduce Modern Police Reform by converting from RESPONSE to PREVENTION System
Eliminate public corruption by providing appropriate salary increases, additional cost of living/housing/educational allowances for all public employees
Introduce Modern Education and Facilities to enable Filipinos to lead the world in reducing poverty and solving Climate Change
Prevent Domestic Violence to Protect Women and Children
Eliminate the 12% Value Added Tax (VAT) to improve business and daily lives of current and future generations of Filipinos
Modernize Farmer’s training and provide annual funding without the need for loans (government or private) to eliminate the importation of agricultural products
and lower the cost of food for the entire country
Modernize Military Defense Capabilities: Air Force, Army, Navy and Coast Guard from $40 billion to $80 billion; Speed up the process by combining second and third
phases into one to complete the entire modernization by 2022 – Without the Need For Foreign Loans