Bunye: A wish list for the incoming president

·3 min read

My good friend and fellow BPI director, Romy Bernardo, recently shared with me a 10-point policy wish list for the incoming president.

According to Director Bernardo, who served as finance undersecretary during the Cory and Ramos presidencies, the wish list was put together by experts from the Foundation for Economic Freedom, the Management Association of the Philippines, the Makati Business Club and the Philippine Disaster Resiliency Foundation.

I am impressed at the clarity and doability of the proposals. The future president and his/her Cabinet would do well to study and implement them when the time comes.

Of course, Director Bernardo emphasizes that these are policy recommendations. What will really count will be the execution which can only be assured if the future president appoints “a first-class team equal to the most challenging circumstances facing our country, committed to the rule of law, and genuine servant leadership.”

The 10-point wish list

1. Create a National Recovery and Resilience Council and a Health Security Council.

Create a National Recovery and Resilience Council, headed by the National Economic and Development Authority, and assisted by an Advisory Committee including the private sector, to manage the tradeoffs between job creation and social protection, versus Covid-19 mortality rates. Downscale the IATF and create a Health Security Council that is composed of the Departments of Health, Interior and Local Government, Information and Communications Technology, and Budget and Management, and the Office of Civil Defense, with a mandate for emergencies, with oversight over pandemic control, and empowered to tap other government agencies and private sector entities as resources.

2. Rapidly upgrade the country’s healthcare system.

Rapidly upgrade the country’s healthcare system to manage against an endemic situation by increasing hospital bed and manpower capacity, reforming the national insurance system, and guaranteeing a steady supply of vaccines and medicines.

3. Resolve the worsening learning crisis.

Prioritize and address with utmost urgency resolving our worsening Learning Crisis by restarting face-to-face classes, reconstituting the Education Commission, and providing connectivity support for remote learners.

4. Liberalize segments of the economy.

Liberalize segments of the economy such as importation and foreign investment restrictions, with the aim of lowering prices to stave off inflation and improving competitiveness by lowering costs.

5. Address the country’s energy security.

Address the country’s future energy security situation to ensure continued access to cleaner forms of energy, future exploration of offshore resources which do not place the country at political or national security risk, and the provision of affordable secure energy and power.

6. Uphold the rule of law.

Uphold the rule of law through increased transparency in government, successful prosecution of erring individuals, and restore and strengthen faith in our institutions.

7. Revive the public-private partnerships (PPP) model of infra development.

Revive the PPP model of infrastructure development to accelerate both physical and digital infrastructure investments.

8. Craft industry roadmaps in 10 key sectors.

Craft industry roadmaps in the 10 sectors with the most potential for massive job generation, such as tourism, BPO (business process outsourcing), agriculture, forestry, manufacturing, construction, responsible mining, MSMEs (micro, small and medium enterprises), among others.

9. Institutionalize labor flexibility.

Institutionalize labor flexibility both through executive action and through legislation for quick employment generation especially in depressed areas, through win-win solutions.

10. Improve ease of doing business and public service delivery.

Improve the ease of doing business and delivery of public services through e-government and the National ID System.

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