The Mindanao Development Authority (MinDA) will tap local government units (LGUs) as it initiates various poverty reduction programs.
MinDA Chairperson Manuel Piñol said poverty needs to be addressed with “doable and practical programs” that can be “owned and implemented” by LGUs in Mindanao.
“Our target is to lift up these Mindanao provinces in the list of the poorest provinces of the country,” Piñol said.
Piñol said MinDa will address immediate concerns such as the plummeting price of paddy rice and low price of coconut products.
He also noted the need for more roads for the production areas and fish ports.
“Investments will not come if we do not have the needed infrastructure,” he pointed out.
MinDA, through a position paper on the allocation of an equitable budget share for Mindanao, pointed out that public investment in infrastructure, economic growth, and ultimately, poverty reduction, come hand in hand in ushering sustainable development.
To catch up with the Duterte administration’s target of boosting the island’s economy by seven to eight percent, and reducing poverty to 20 percent by the year 2022, MinDA said it will continue to push for a Php1.35 trillion budget for Mindanao—to be spread in the next three years. (with reports from PNA)