Second, several executive actions were made during Mr. Marcos’ first six months to address the most urgent concerns of Filipinos.
He also approved amendments to the IRR of the Build-Operate-Transfer Law, which made risk and income sharing fairer between the government and the private sector. This made public-private partnerships more attractive for the private sector. His state visits to Indonesia, Singapore and the United States also gained investment pledges amounting to $18.9 billion. These efforts could produce more and better local jobs for Filipinos.
The President himself pointed out that we need to focus on addressing food inflation. We support calls for Mr. Marcos to appoint a full-time secretary of agriculture who can effectively lead through the various food-related crises we have been facing in recent months. However, in case he is not yet prepared to do that, the alternative solution is to have a rigorous monthly monitoring and supervision through the Legislative Executive Development Advisory Council .
3. Pass the bill condoning agrarian reform beneficiaries’ unpaid amortization and interests. This will give farmers access to lending programs and assistance that can make their farms more productive. Ensure that funds appropriated for increased production of basic commodities and farm-to-market roads will be used timely and accordingly. This will help make food more affordable.
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