Duterte OKs new PH export dev’t plan to boost country’s export

MANILA, Philippines — President Rodrigo Duterte has approved the Philippine Export Development Plan (PEDP) 2018-2022 to boost Manila’s export growth and increase job opportunities for Filipinos.

Duterte signed Memorandum Circular 62 on June 26 but was released only to the media on Monday.

The PDEP will be part of the Philippine Development Plan (PDP) 2017-2018, which Duterte signed last year.

“Synchronizing the period of the PEDP with that of the PDP will be conducive to harmonizing the implementation of programs and to the continuity and consistency of policies and innovative strategies for boosting export growth and increasing job opportunities for Filipinos,” Duterte said.

“The PDP 2017-2020 emphasizes a strategic external trade policy regime which enables Philippine enterprises to successfully compete in global markets and provide employment opportunities for Filipinos,” he added.

The President ordered all concerned government agencies to submit to the Export Development Council and the Office of the President “an inventory of relevant policies, programs and actions which are aligned with the strategies under the PEDP” 60 days after the effectivity of the circular.

“These agencies shall implement such policies, programs and action plan to boost export growth and ensure the free flow of goods,” the circular read./ac