As Senate Chairman of the Committee on Agriculture and Food, we laud the
pronouncement of new Director General of the National Economic
Development Authority Arsenio Balisacan that his focus will be on the
agriculture sector in addressing sustainable economic growth and poverty
reduction. For us to reach the level of economic growth similar to our
ASEAN neighbors like Thailand and Malaysia, there is no other way to do
so but to invest in agriculture modernization and development. Half the
nation’s population live in rural areas where agriculture and fisheries
is the primary source of income.
When we up the incomes of the rural folk, the multiplier effect on the rest of the economy will be tremendous.
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