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  • Look to neighbors who beat odds–FVR’s counsel
     
    By Manuel T. Cayon
    Reporter

    DAVAO CITY—The administration must focus on macroeconomic plans to lift the country out of crisis after crisis, former President Fidel Ramos said here at the relaunching of a program for Mindanao that saw the birth of one of the global models of a subregional economic cooperation—the Brunei, Indonesia, Malaysia, the Philippines-East Asean Growth Area (BIMP-Eaga).

    “To those leaders up there, they must focus their attention to macro plans to bring us out of these difficulties,” said Ramos after he launched Mindanao 2020, a sequel to Mindanao 2000 that sought to make this big Philippine island the southern gateway to the world.

    Citing the rice crisis, Ramos said the administration should “continue modernizing agriculture, especially using water assets like irrigation. This is what Vietnam was doing when it tapped its two river systems, the Mekong River and the Red River,” and terraced its mountains “to create more hectarage for cultivation.”

    Its government also provided a subsidy of one ton or 1,000 kilos per family per year to farmers who could create an additional one hectare for rice farming.

    “Aside from promoting environmental protection, Vietnam added one million hectares in the last five years,” said Ramos. “We stopped, however, after the Ifugao rice terraces. That’s why, while we and the rest of the world have been suffering from the rice crisis, Vietnam is smiling because we are all buying rice at a high price.” 

    “This is one area we can do something about right away. And we don’t even have to go to Congress because we already have the Afma [Agriculture and Fisheries Modernization Act].”

    He said these macroeconomic plans would also aptly apply to implementing Mindanao 2020, a plan to strengthen the gains of Mindanao and Palawan as links to the BIMP-Eaga.

    He said strengthening the economic fundamentals for the island would help shield Mindanao and Palawan, including the entire BIMP-Eaga, from a repeat of the July 1997 Asian financial crisis that ravaged most Asian economies.

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