Fri. May 14th, 2021

Senator Christopher “Bong” Go, urged the government to prioritize the implementation of an investment plan complementing the Balik Probinsya, Bagong Pag-asa Program (BP2) to ensure equitable distribution of wealth, and accelerate socio-economic development in the countryside.

This approach, he said, will help communities recover from the adverse impact of the Covid-19 pandemic and provide more economic opportunities to those who wish to start a new life in the provinces.

of the BP2 Program that is set to be fully implemented after the Covid-19.

According to Go, an investment plan crafted towards regional development will aid in modernizing the Philippine economy, generating higher levels of decent jobs across the country, and helping solve societal issues on employment, housing, transportation, and safe and secure travel, among others.

Go hopes for the investment plan to contain a list of specific activities or categories of economic activity that can qualify for incentives under Executive Order No. 226 (s. 1987) or the “Omnibus Investments Code of 1987,” such as income tax holidays.

Go, who is a proponent of the BP2 Program, noted that the lack of economic opportunities and good-paying jobs are reasons why countryside residents go to Metro Manila.

Go also mentioned that government synergy will be a key factor in helping Filipinos recover from the crisis left by the pandemic. The BP2 program is a long-term plan of the government to decongest Metro Manila and boost countryside development.

On May 6, President Rodrigo Duterte signed Executive Order No. 114 which created the BP2 Council and institutionalized the program. The EO came about after Go authored Senate Resolution No. 380 which the Senate adopted on May 4.

At the height of more stringent Covid-19 quarantine measures, the BP2 program’s initial rollouts were suspended to give way to President Duterte’s directive to prioritize the Hatid Tulong initiative, a transportation assistance program which helps locally stranded individuals (LSIs) return to their provinces.

“That is why coordination, cooperation, and collaboration between the national agencies and concerned local government units are crucial to ensure that the respective provinces are ready to accept BP2 beneficiaries, take care of their needs, provide economic opportunities, and ensure their safety and the safety of the rest of the communities in their area,” Senator Go added.

The BP2 program has four key results areas to ensure inclusive and balanced urban and rural development, and the creation of resilient and sustainable communities: (1) the empowerment of local industries; (2) food security and agricultural productivity; (3) housing, social welfare, health, employment and human resource development; and (4) infrastructure development. #

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