For the last several months we have been swimming in an alphabet soup of acronyms — NBN, ZTE, NEDA, FG, FGI, to name a few. And more keep pouring in; these days, the most oft-repeated one is NFA, or the National Food Authority. Yet what we should have been repeating like a mantra is MDG and its plural form, which stands for Millennium Development Goals. In 2000, the Philippines became one of the signatories to the Millennium Declaration, thereby sealing its commitment to meeting by 2015 eight goals that address development concerns worldwide. Last year marked the midpoint in the period allotted to the achievement of these MDGs.
THIS early, some politicians are already gearing up for 2010. But there’s another year that’s worth keeping in mind: 2015, which is the deadline for countries that signed the Millennium Declaration to meet the Millennium Development Goals or MDGs.
MAKE NO mistake about it: The Arroyo government has focused its energies on improving its fiscal situation. But it is doing so primarily to address the concerns of international creditors and credit-rating agencies, as well as to survive the political challenges to Gloria Macapagal Arroyo’s presidency. And while it has been hailed by the creditor community as a “success,” the Arroyo administration’s fiscal policy now poses a major obstacle to economic growth, job creation, poverty reduction, and the attainment of the Millennium Development Goals (MDGs).
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