GMA’s creation of six to ten million jobs within her six years administration is possible considering many factors that can help build up those number of jobs that will provide living to the unemployed, support three million entrepreneurs and the micro, small and medium enterprises and develop 2 million hectares of land for agricultural businesses. This job generation has been expected to raise two million new jobs by the development of new lands, three million for the micro enterprises, one million for the housing and its related enterprises through Strong Republic Housing Program, and another three million new jobs for the tourism development.
To provide for the funds needed in this program, there is the Republic Act 8435, otherwise known as the Agriculture and Fisheries Modernization Act (AFMA), which aims to strengthen the agriculture and fishery sectors through modernization, greater participation of small-holders (or small stakeholders), food security and food self-sufficiency, private sector participation and people empowerment. To put AFMA to work, the Ginintuang Masaganang Ani (GMA) served to be the banner program for agricultural development, with the LGUs (local government units) and other stakeholders developing their own plans and programs suitable to their respective localities.
When public investments are adequate for the delivery of the vital support services for agriculture to prosper, this will create a positive impact on the lives of farmers and fishermen, which in turn will help accelerate the overall growth and development of the economy.
Another source for the formation of millions of jobs is the attracting of foreign investors. With their investments here in our country, new job opportunities are opened for call center agencies, manufacturing firms and office related jobs.
Apart from these, the government has their own budget amounting to Php 312.9 billion which were divided among the MSMEs with Php 63.1 billion and...
Please join StudyMode to read the full document