South Korea offers US$100-M loans

The Philippines has welcomed the offer of the Korean government to fund key infrastructure programs of the country, increasing prospects to implement projects under the Philippine Development Plan 2017–2022.

Deputy Planning Secretary Rolando G. Tungpalan expressed appreciation for Korea’s offer of assistance, noting that this will boost the Philippine government’s efforts to carry out its infrastructure program, which requires roughly PhP8.4-trillion.

“We need to be ambitious, and at the same time we need to scale up our implementation capacity. Financing this six-year infrastructure program will be sourced from domestic resources, Official Development Assistance and Public-Private Partnership programs,” he added.

The Philippines and Korea are set to finalize the framework agreement in August 2017.

The Export-Import Bank of Korea (KEXIM) met with top Philippine government officials to discuss possible projects that may form part of the KEXIM pipeline in the current medium term (2017-2022), given KEXIM’s willingness to allocate for the Philippines US$100 million in concessional loans over a six-year period.

Among the agencies consulted were the National Economic and Development Authority, Department of Finance, Department of Transportation, Department of Energy, Department of Agriculture, Department of Public Works and Highways, Department of Information and Communications Technology, National Irrigation Authority, and the National Electrification Administration.

Transport, ICT, and energy infrastructure were identified as priority areas in the proposed cooperation considering Korea’s comparative advantage in these sectors.

Aside from concessional loans, the KEXIM is also offering its support through its Knowledge Sharing Program (KSP) facility, a knowledge-driven economic cooperation program that will enable Korea to share its successes and failures and propose applicable policy recommendations.

KEXIM also expressed willingness to assist in the Philippines’ pre-investment activities, including project preparation, and feasibility studies and plans formulation, through the Bank’s Project Preparation Facility.

 

 

PIDS urges DepEd to address poverty issues

Philippine think-tank Philippine Institute for Development Studies (PIDS) has urged the Department of Education (DepEd) to address a number of issues on poverty and health to sustain the increasing number of children in the basic education sector.

Over 22.8 million Filipino children have entered public primary and secondary schools for this year compared to more than 21.5 million in 2016.

PIDS Senior Research Fellow Jose Ramon Albert said that in the last 10 years, enrollment in primary and secondary levels has been increasing at an average of 1 to 2 percent.

Statistics also revealed that there is an increase in the number of primary and secondary schools in the country despite the backlogs.

Albert noted that while enrollment and school facilities are increasing, some children remain out of school and there are still many cases of drop-outs.

In 2014, about half of the 1.1 million out-of-school children aged 5 to 15 belonged to families in the bottom 25 percent, the study said. There were also disparities in school participation in urban and rural areas.

Albert encouraged the current administration to continue the support for basic education, especially for the Pantawid Pamilyang Pilipino Program (4Ps), the country’s flagship conditional cash transfer program, as this will “improve disparities in education opportunity between boys and girls, and between children from urban and rural areas.”

Albert has urged the Philippine government to re-examine 4Ps’ uniform cash grant of P500 to adapt to the varying costs for schooling for secondary school-age boys and girls and between children in urban and rural areas.

The health of the children should also be a priority of the government as data showed this also affects school participation. While school feeding programs improve the nutritional status of children, these do not reach the out-of-school children, according to Albert.

He also underscored the weak and mostly fragmented national policies on health and nutrition, saying that “the current government, which has declared a war on drugs, should recognize the importance of declaring a war against hunger and malnutrition.”

Albert added that it is necessary to provide DepEd with adequate resources. Currently, the department already receives the biggest chunk of the government’s budget. According to DepEd, extensive financial management reforms are already being implemented to address backlogs due to “natural calamities and inherited challenges”.

Making students stay in school is another issue, Albert said. He suggested using information and technology (ICT) tools to stir and sustain students’ interest. However, teachers also need to improve their ICT skills in order to use new technologies effectively in the classroom.

Moreover, Albert emphasized that the quality of education in the Alternative Learning System (ALS) should be extensively monitored.  The ALS is a flagship program of the Duterte administration that targets those who cannot access formal education in schools.

To produce optimal results for studies focusing on basic education, DepEd needs to ensure the quality of data being collected through their databases, such as the Enhanced Basic Education Information System and Learners Information System.