FLORENCIO BUTCH B. ABAD S e c r e t a r y D e p a r t m e n t o f B u d g e t a n d Ma n a g e m e n t Institutionalizing People Power 1 2 Pursuit of Difficult Reform Measures 3 Sin Tax Reform Reproductive Health Bangsamoro Agreement Customs Revamp Improved Revenue Collections (2009-2013, in billion pesos) 982 1,094 1,202 1,361 1,535 142 114 158 174 181 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 2009 2010 2011 2012 2013 Tax Revenues Non-Tax Revenues 4 Transforming the Budget Spending within means Spending on the right priorities Spending with measurable results In an empowering regime of transparency, accountability & citizens engagement 5 6 Outstanding Debt and Interest Payments (percent of GDP) 13 10% 15% 20% 25% 30% 35% 40% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Social Services Economic Services Debt Burden Expenditures in Key Sectors (as percent of Total, 2005-2015) RESHAPI NG BUDGET PRI ORI TI ES 7 777 k households 1 M households 2.3 M households 3.1 M households 3.8 M households 4.3 M households 4.3 M households RESHAPI NG BUDGET PRI ORI TI ES 8 9 RESHAPI NG BUDGET PRI ORI TI ES 10 RESHAPI NG BUDGET PRI ORI TI ES 11 RESHAPI NG BUDGET PRI ORI TI ES 28.4 27.9 24.9 23 24 25 26 27 28 29 2 0 0 9 2 0 1 2 2 0 1 3 Poverty Reduction ( I NCI DE NCE BY % OF POPUL ATI ON, 1 s t S E ME S TE R) Source: National Statistical Coordination Board (as of 4 July 2014) Note: New methodology for 2013 12 5.8 4.7 3.9 5.4 -4 -2 0 2 4 6 8 10 12 14 16 2009 2010 2011 2012 2013 Indonesia Malaysia Philippines Singapore Thailand Vietnam 7.2 2.9 Robust Economic Growth PHL GDP GROWTH FASTEST I N ASEAN 13 Renewed Trust in Public Institutions 14 Third Party Report 2010 Latest Change Transparency International 2013 Corruption Perceptions Index 134 / 178 94 / 177 +40 World Bank 2014 Ease of Doing Business 144 / 183 108 / 189 +36 World Economic Forum Global Competitiveness Index 2014-2015 Basic Requirements Sub-Index Pillar 1: Institutions Pillar 2: Infrastructure 85 / 139 125 / 139 104 / 139 52 / 144 67 / 144 91 / 144 +33 + 58 +13 Heritage Foundation 2014 Economic Freedom Index 109 / 179 89 / 178 +20 Improved State of Governance 15 BBB- in March 2014 BBB in May 2014 BB in May 2009 BB- in July 2009 BBB- in Sep 2014 I NVESTMENT GRADE CREDI T RATI NGS BB+ in Mar 2011 Baa3 in October 2013 Ba3 in July 2009 Revived Investor Confidence 16 Photo: Character of the State (???) 17 Source: Malacanang.gov.ph 18 19 Source: Malacanang.gov.ph https://c1.staticflickr.com/5/4097/4749308334_e42f435c2d_z.jpg 20 Cory Funeral (colored) Source: Wikimedia Commons Source: Time Magazine (via RaissaRobles.Com) Cory at EDSA (B&W) 21 Noynoy Campaign (colored) Source: Associated Press Source: Noynoy Aquino Facebook Account 22 2016: Tuloy ang Laban Governance and Budget Reform Under the Aquino Administration FLORENCIO BUTCH B. ABAD S e c r e t a r y D e p a r t m e n t o f B u d g e t a n d Ma n a g e m e n t Institutionalizing People Power 23
Institutionalizing People Power by Sec. Florencio Abad. Presented During The Good Governance Dialogues - Baguio City at The City Light Hotel, Last November 13, 2014.