AT the heart of AmBisyon Natin 2040 lies a transformative vision: By 2040, the Philippines will have become a thriving, middle-class society where poverty is eradicated. Its citizens will enjoy long, healthy lives, characterized by intelligence, innovation, and creativity.
Moreover, the country will be a beacon of trust, where families flourish amidst vibrant, culturally rich, and resilient communities.
The country’s middle class, traditionally the backbone of any society, has been shrinking at an alarming rate. This trend is worrying, as a strong middle class is essential for social stability and economic growth. The absence of a thriving middle class can lead to severe social and economic imbalances, ultimately resulting in unrest and instability.
However, Neda Undersecretary Rosemarie Edillon’s suggestion that these costs can be significantly reduced to around P92,000 a month with the right economic and social policies offers a glimmer of hope. This underscores the importance of policy reforms that prioritize poverty reduction, job creation, and social protection.
Furthermore, the government must also focus on creating an environment that fosters economic growth and development, such as promoting higher productivity sectors, reducing barriers to entry, and enforcing competition. This will help create quality jobs and increase the chances of Filipinos ascending to the middle class.
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