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BRAVE NEW PHILIPPINES
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AseanAffairs Magazine July - August 2010
CONTENT • BEYOND ASEAN 
• ASEAN BAZAAR • ASEAN TALK
ASEAN AVIATION • INSIDE OUT
• ASEAN MONEY • OPINION
• ASEAN TRAVELLER • INDIA IN SPOTLIGHT

New Philippines President Benigno “Noynoy” Aquino wins in a landslide election and promises to end poverty and fight corruption.

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Q: How important is it for you to choose between the Presidential Palace and your home in the West Triangle? Why would you prefer one to the other?

A: I prefer to live somewhere else other than the Presidential Palace primarily because I want to be closer to the people I serve. The last thing I would like to be is a leader who is detached and aloof from the concerns of his constituents. Living in West Triangle or any residence other than the Presidential Palace is a gesture I would like to make to show that I am one with the people. However, due to security concerns, I was advised by my Presidential Security Group to live closer to work. I would most probably move in the “Bahay Pangarap” within the month of July. Bahay Pangarap is a one-bedroom residence within the palace compound.

 

Q: What are your plans to boost the economy? Why shouldn’t you introduce new taxes as suggested by your predecessor?

A: The Aquino administration will level the playing field for businesses, streamline our business processes, support small and medium enterprises that employ the majority of Filipinos, and craft sound industrial policies that target the Philippines’ comparative advantages. As such, lowering the cost of doing business is the key to helping our industries grow, increasing investments and employing more people through the creation of jobs.

These jobs will come from industries such as tourism, IT, and agribusiness. In addition, training and skills development programs will be made available to enhance the abilities of our workers and make them more employable both locally and abroad.

To increase revenues, the government will plug revenue leakages by having competent and trustworthy tax collectors and broadening the tax base. We will target raising the tax collection efficiency rate by at least 2 percent from the present 12 to 13. Two percentage points translates to P 150 billion in new revenue without raising taxes. We can collect more taxes at the BIR and higher duties at Customs if we seriously clamp down on tax evasion and smuggling.

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