Thursday, December 14, 2017

THE MITI-V, NEW ECONOMIC POWERS?



We do not belong to the MITI-V  as predicted by economic experts in the region.

The question is What's Happening? We are not viewed as the new factory of the world is something very depressing as the new kid on the block.

The congress and the Senate should initiate "IN AID OF LEGISLATION" to look into the situation why the Philippines is not in the position to be a candidate to become the next powerhouse economy in the region?

Something is wrong.

By the inquiry of congress as to the faults and negative qualities and performance of our economy, specially in dealing with the manufacturing sector is already alarming and sickening to see our condition remained at the bottom.

Our continued disregard in the manufacturing sector is no longer a joke, it must be attended fully and congress should legislate something that would bring us to the top in the region,

We are already regarded as the fourth world economy, and with this kind of reputation, congress must intervene.

We have lost aplenty of FDIs already and our own currency is falling contributing to our loss that brings our national debt, BOPs, stagerring, that 42 percent of our GNI goes to the foreign loan payments, and that our dollar reserve is at its lowest to 70 billion at the current, should be inquired for by congress and put remedial laws to trade, exports, and manufacturing, that we are not part of the "MITI-V". That, should be "MITIP-V" 


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