Malacanang has directed all concerned government agencies to identify and implement relevant programs, activities and projects (PAPs) that would support the full implementation of the Philippine Export Development Plan (PEDP) from 2023 to 2028.
Executive Secretary Lucas Bersamin, in issuing Memorandum Circular 23 on June 20, emphasized the importance of the PEDP in helping reinvigorate poverty reduction and job creation measures of government by guiding the economy toward a high-growth path and develop a resilient, inclusive and prosperous society.
“To ensure the success of the PEDP 2023-2028, it is necessary for all concerned government agencies to support and cooperate in the implementation of the PEDP 2023-2028,” the circular read.
These agencies shall implement the identified PAPs to develop and promote Philippine exports and ensure the free flow of goods, in accordance with the PEDP 2023-2028, it added.
The concerned agencies shall also submit to the Export Development Council and the Office of the President, through the Office of the Executive Secretary, an inventory of relevant PAPs within 60 days upon the effectivity of the circular.
Trade Secretary Alfredo Pascual previously said the proposed Export Development Plan formulated by the Department of Trade and Industry is pursuant to the Export Development Act of 1994, which defines the country’s export thrusts, strategies, programs and projects, and shall capitalize on export growth opportunities considering market trends and the available or existing competencies in the Philippines, among other industries.
Pascual said it also seeks to undertake an industry development-centric approach to make the Philippines a major player in the global economy and achieve sustainable development goals.
