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Davao City (CNN Philippines) A former agriculture secretary and close friend of presumptive
president Rodrigo Duterte on Thursday (May 12) disclosed the 8-point economic agenda of the incoming
administration. In a press briefing in Davao City, Carlos Dominguez, who is being eyed as the Finance
secretary in Duterte's Cabinet, said the economic agenda is wide-ranging from tax reforms to
accelerating infrastructure building to support services for farmers and attracting foreign investments by
reducing crime. He said that while the target economic growth rate is still to be set, the economic agenda
is aimed at boosting growth through the following:
earnings in their pocket. This tax reform scheme is obviously leaning to the presence of a more welfarist
state (i.e. An ideal liberal democratic state). Moreover, Dutertes administration will tend to liberalize
market access of the small-scale farmers in the international markets by providing better support services
such as irrigation and technological assistance.
Basing also to the 8-point economic agenda, Dutertes administration will also continue the
government efforts to subsidize citizens in the poverty line by continuing the implementation of
Conditional Cash Transfer Program. This scheme will also aid the acceleration of capital flow within the
national economy since the citizens can acquire at least minimum purchasing power for the provision of
basic needs such as food, clothing, education and medicine.
Submitted to: Dr. Buddy M. Castillo
Faculty-in-charge
Political Science 35 (2:30-3:30 MWF)