MANILAA lawmaker said Friday the government's conditional cash transfer (CCT) program should be tweaked to allow for greater skills training.
Bohol Rep. Arthur Yap, chairman of the House of Representatives committee on economic affairs, said that while the CCT program has cushioned the impact of increased food and fuel prices for the beneficiaries, workers are still looking for higher-paying jobs to have a better life.
Yap noted that underemployment remains high despite a "strongly growing" economy that has created millions of new jobs.
He cited that in 2017, the domestic economy expanded at a revised 6.7 percent and the government projects faster growth of between 7 percent and 8 percent on gains from the recent passage of the Tax Reform for Acceleration and Inclusion, and the increased government spending for infrastructure development.
He said government agencies, such as the Technical Education and Skills Development Authority, National Economic and Development Authority, and Department of Trade and Industry, should partner with the private sector to ensure the needs of the manufacturing, construction and other productive sectors are met.
We must tweak the CCT program and link it to focused programs on skills training to ensure that in the coming months, the growth and expansion of the manufacturing and construction sectors will be sustained, Yap said.
Aggressively focusing on training for these sectors will also address underemployment, especially in the countryside where it is more pronounced, he added. (PNA)
Source: Philippine News Agency