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DuterteNomics is a catch-all term referring to the socioeconomic policies of Rodrigo Duterte, the 16th president of the Philippines. A significant part of these policies include the development of infrastructure and industries in the Philippines. [1]
Finance Secretary Carlos Dominguez III has said that the government required what he describes as an "audacious" economic strategy in order for the Philippines to "catch up with its more vibrant neighbors" by 2022 and help it achieve high-income economy status within a generation. The term DuterteNomics was coined to describe the economic policy of the Duterte administration. The term also refers to the series of forums where Duterte's economic team pitches the administration's plan to help the country become a high-middle-income economy by 2022. [2]
The policy was unveiled on April 18, 2017, by the Department of Finance and the Presidential Communications Operations Office (PCOO), in cooperation with the Center for Strategy, Enterprise and Intelligence (CenSEI) in a forum held at Conrad Manila in Pasay. A second forum was held on April 25, 2017. [2]
DuterteNomics was also pitched abroad, particularly at the 2017 World Economic Forum on the Association of Southeast Asian Nations in Cambodia and at the sidelines of the 2017 One Belt One Road Forum for International Cooperation in Beijing, China. [2]
The economics team of then President-elect Rodrigo Duterte presented the following points of Duterte's socioeconomic policy in a business forum in Davao in June 2016. [3] DuterteNomics is anchored on these ten principles. [2]
Part of DuterteNomics is the Build! Build! Build! Infrastructure Plan which according to the administration will usher in the "Golden Age of Infrastructure". The goals of the program are to reduce poverty, encourage economic growth and reduce congestion in Metro Manila. [4] [5] The program also involves the continuation of some projects under previous administrations. [6]
In November 2019, the government revised its list of flagship infrastructure projects under Duterte's "Build, Build, Build" program, expanding it to 100. [7] [8] It was revised again in August 2020, bringing the total number of projects to 104, expanding its scope included health, information and communications technology, as well as water infrastructure projects to support the country's economic growth and recovery from the effects of the COVID-19 pandemic. As of September 11, 2020, 24 projects are still in the approval & planning stages, while 80 were under implementation. [9]
As of July 2021, 214 airport projects, 451 commercial social and tourism port projects, 29,264 kilometres (18,184 mi) of roads, 5,950 bridges, 11,340 flood control projects, 11,340 evacuation centers, and 150,149 classrooms had been completed under the infrastructure program. [10] [11] The numbers cited include newly-built infrastructure, and projects involving the repair, rehabilitation, widening, and expansion of existing infrastructure. [12]
 | This article needs to be updated.(June 2022) |
In December 2017, government data revealed that the Philippines' output of nickel ore fell 16 percent in the third quarter from a year earlier, after the country, which is the world's top supplier of the metal, suspended some mines in a clampdown on environmental violations. Production dropped to 19.8 million tons in the nine months to September from 25.97 million tonnes a year ago, according to the data. [13] According to Finance Secretary Carlos Dominguez, the "Philippine economy is delivering the performance we anticipated, notwithstanding the political noise and a significant terrorist event in Mindanao". Dominguez gave the assessment during the Banyan Tree Leadership Forum of the Center for Strategic and International Studies. [14]
On March 31, 2018, the Financial Times reported that the export of the Philippines has continued its drastic drop for the fifth month in a row, [15] while the Philippine Statistics Authority reported that the trade deficit of the country has widened to 47.6%, endangering further the country's local economies. [16]
In October 2018, the World Bank downgraded the economic outlook of the Philippines for 2018, but expects it to remain strong. [17] FMIC and UA&P expect the economy to improve in the second half of 2018. [18] On October 24, the Philippines improved its ranking by 29 places in the Ease of Doing Business rankings. [19]
On November 2, 2018, the Philippines slipped 11 places from the World Bank's Ease of Doing Business rankings. [20] [21] The Department of Finance is demanding a correction from the World Bank, citing the smaller data set used to assess the country's credit base. [22] [23]
On July 5, 2018, the inflation rate of the country soared to 5.2%, its highest in 5 years. [24] The inflation rate worsened the impacts of the government's new tax policy, increasing the price of all goods in the country. [25]
In September 2018, the inflation rate of the country further increased to 6.7%, its highest in a decade. [26] [27] President Duterte blamed American president Donald Trump for the inflation increase. [28] Opposition Senator Francis Pangilinan, however, pointed out that if the United States was to blame, then all countries in ASEAN should have been experiencing the same, and only the Philippines had a very high inflation rate in the entire region at that time. [29] On September 21, 2018, Duterte signed Administrative Order No. 13, removing non-tariff barriers in the importation of agricultural products, to address soaring inflation rates. [30] [31]
According to ING, with food prices decreasing, the worst of the inflation crisis is over. [32] Inflation decreased in November 2018, at 5.8 to 6.6 percent. [33] BSP decreased its inflation forecast for 2019, after the passage of the rice tariffication bill. [34]
Inflation stayed at 6.7 percent in October 2018, higher than expected. [35] July 2019 was met with a 2.4% inflation rate. [36] October 2019 received an 0.8% inflation rate, the lowest under Duterte. [37] However, this increased to 2.5% by December 2019. [38] and increased again to 2.7% by July 2020. [39]
Prior to the COVID-19 pandemic, economic managers predicted the accession of the Philippine economy to upper-middle-income status by 2019, citing massive infrastructure spending and robust growth. [40] [41] [42]
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno and then-NEDA Director-General Ernesto Pernia forecast that the Philippine economy would likely enter a recession in 2020 due to the effect of the pandemic. Diokno stated that, although the first quarter is likely to grow by 3% since the Luzon-wide enhanced community quarantine only took effect near the end of the quarter, the second and third quarters would likely experience contractions in economic growth. [43]
The unemployment rate of the country continued to follow a downward trend since 2005, however, it reached a record-high 17.7% in April 2020, where 1 in every 5 persons in the labor force are unemployed, accounting to 7.3 million jobless Filipinos. [44] [45]
On the second quarter of 2020, the Philippine economy went into a recession for the first time in 29 years, where it shrank by 16.5%, which was one of the biggest falls in the Southeast Asian region. GDP fell by 9%. Seasonally adjusted GDP fell by 15.2 percent in the second quarter from the first three months of the year. [46]
The government expects an economic rebound by 2021, driven in part by the BBB infrastructure program. [47] [48]
Maria Angelita Ressa is a Filipino and American journalist. She is the co-founder and CEO of Rappler. She previously spent nearly two decades working as a lead investigative reporter in Southeast Asia for CNN. She will become Professor of Professional Practice in the School of International and Public Affairs at Columbia University on July 1, 2024, and will be a Distinguished Fellow at Columbia's new Institute of Global Politics beginning in the fall of 2023.
This article covers the history of the current Philippine republican state following the 1986 People Power Revolution, known as the Fifth Philippine Republic.
Rodrigo Roa Duterte, also known as Digong, Rody, and by the initials DU30 and PRRD, is a Filipino lawyer and politician who served as the 16th president of the Philippines from 2016 to 2022. He is the chairperson of PDP–Laban, the ruling political party in the Philippines during his presidency. Duterte is the first president of the Philippines to be from Mindanao, and is the oldest person to assume office, beginning his term at age 71.
Alan Peter Schramm Cayetano is a Filipino lawyer and diplomat serving as a Senator since 2022 and previously from 2007 to 2017. He was the Senate Minority Leader from 2010 to 2013, and later Senate Majority Leader from 2013 to 2016. He also served as the Representative of Taguig–Pateros from 1998 to 2007 and from 2019 to 2022 and was the Speaker of the House of Representatives from 2019 until his resignation in 2020. He also served as the Secretary of Foreign Affairs from 2017 to 2018 in the cabinet of President Rodrigo Duterte, after unsuccessfully running for vice president in the 2016 elections as Duterte's running mate.
Francisco Moreno Domagoso, also known as Isko Moreno Domagoso or simply Isko Moreno, is a Filipino politician, actor, host and entrepreneur who served as the 27th Mayor of Manila, the capital city of the Philippines, from 2019 to 2022. Before entering politics, Moreno first gained notability as an actor and television personality.
Sara Zimmerman Duterte-Carpio, commonly known as Inday Sara, is a Filipino lawyer and politician who is the 15th and current vice president of the Philippines. She is the third female vice president, the third vice president to come from Mindanao, and the youngest vice president in Philippine history. Duterte is also the secretary of education, holding the post in a concurrent capacity. A daughter of 16th president Rodrigo Duterte, she previously served as the mayor of Davao City from 2016 to 2022, and from 2010 to 2013. She was also Davao City's vice mayor from 2007 to 2010.
Rodrigo Duterte's six-year tenure as the 16th President of the Philippines began on June 30, 2016, succeeding Benigno Aquino III. He was the first president from Mindanao, the first president to have worked in all three branches of government, and the oldest to be elected. He won the election amid growing frustration with post-EDSA governance that favored elites over ordinary Filipinos. His tenure ended on June 30, 2022.
Christopher Lawrence "Bong" Tesoro Go is a Filipino politician serving as a senator since 2019. He previously served in the Cabinet of President Rodrigo Duterte as Special Assistant to the President and Head of the Presidential Management Staff from June 2016 to October 2018. Go has served as the personal aide and special assistant to Duterte since 1998, back when the latter was still mayor of Davao City.
Protests against Former President Rodrigo Duterte escalated on November 18, 2016, following Duterte's support of the burial of the late president Ferdinand Marcos. These series of protests are mostly conducted by progressive groups and other opposing figures mainly due to the ongoing war on drugs, the declaration of martial law in Mindanao, and employment issues such as contractual terms being applied by companies and inflation which occurred due to the passage of the Tax Reform for Acceleration and Inclusion Law. Other causes of the protests include the government's response to the COVID-19 pandemic in the country, the passage of the Anti-Terrorism Act of 2020, and the shutdown and franchise denial of ABS-CBN.
The following is a timeline of protests against Rodrigo Duterte, the 16th President of the Philippines, and his policies. Issues were addressed in the protests including the war on drugs, employment issues, anti-terror law, and the government's response to the COVID-19 pandemic.
2019 in the Philippines details events of note that have occurred in the Philippines in 2019.
Leni Robredo, the 14th Vice President of the Philippines, has held various foreign, domestic, economic, and social positions over the course of her career. She has supported women's rights and women empowerment, human rights, ending endo contractualization, and policies that are pro-poor. As the chairperson of the Liberal Party during her vice presidency, Robredo was the leader of the opposition against President Rodrigo Duterte, taking positions that are contrary to that of the Duterte administration's policies, opposing federalism and charter change, the reimposition of the death penalty, warmer relations with China, and the war on drugs.
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Eric Go Yap is a Filipino politician serving as the Representative for Benguet's lone congressional district since 2022, and was the district's legislative caretaker from January 2020 until he was elected in his own right. He was a party-list representative for ACT-CIS from 2019 to 2022, and is the chairman of the House Committee on Appropriations since March 2020.
2020 in the Philippines details events of note that have occurred in the Philippines in 2020. The year is largely defined by the COVID-19 pandemic that caused the national economy to go into recession would continued until the state of public health emergency was lifted in the country on July 22, 2023.
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The renewal of the congressional franchise of the Philippine media network ABS-CBN to continue broadcasting was a dispute between the administration of President Rodrigo Duterte and the media conglomerate arising on the terms and conditions of the franchise renewal agreement. Amid the controversy, the Congress of the Philippines, country's legislature, was unable to renew the franchise before its expiration date. The congressional franchise expired on May 4, 2020, as the Philippines was dealing with the effects of the COVID-19 pandemic and the enhanced community quarantine in Luzon. The next day, exercising constitutional powers, the National Telecommunications Commission (NTC) then issued a cease-and-desist order demanding ABS-CBN to cease all of its free TV and radio broadcasting immediately. ABS-CBN complied with the government order and shut down all of its radio stations and free television channels later that day. On June 30, 2020, the NTC released two alias cease-and-desist orders against ABS-CBN TV Plus and Sky Direct.
Vivencio "Vince" Bringas Dizon is a Filipino economist, consultant and political aide who previously served as president and CEO of the Bases Conversion and Development Authority. He also served as President Rodrigo Duterte's Adviser on Flagship Programs and Projects and as Deputy Chief Implementer of the National Action Plan Against COVID-19.
The Build! Build! Build! Infrastructure Program (BBB) was the infrastructure program of the administration of Rodrigo Duterte, the 16th president of the Philippines. A key component of his socioeconomic policy, the program aimed to reduce poverty, encourage economic growth and reduce congestion in Metro Manila, and address the country's infrastructure gap. Launched on April 18, 2017, the program also included the continuation of 44 infrastructure projects under previous administrations.
A separate list on the Official Gazette also tallies projects that were approved during the Aquino administration that were meant to alleviate traffic congestion and that were expected to be completed by the succeeding Duterte administration. ... Certain Aquino-era projects, such as the MRT-7 line, the Bicol International Airport, and NLEX Harbor Link Segments were also repurposed by the Duterte administration and are now listed among the high-impact priority projects under the "Build, Build, Build" program.
