Wednesday, October 8, 2008

What Would US$700B Mean To Me

If in case that US$700B is given to the Philippines instead? Hmmm, here are the things that I will do with the money.

US$54.9B to pay for total foreign debt
20B to the Department of Health. $10B will be alotted to build 500 hospitals (supposing each hospital will be $1B pesos each -the hospitals WILL NOT be built on major cities) and the rest would be to subsidize or make free medicines needed to elevate the Filipino's standard of livingm this also includes access to clean water, clean air, and a life away from Dengue fever.
30B to go to the Department of Education for the building of 1000 new schools, modernizing of all schools by means of better libraries, labs and computer labs, sports facilities and access to better food.
25B to finally accomplish all of Manila's impending infrastructure projects such as the new C6, the Skyways, the Pacgor E-City(this one alone costs $15B to finish!), Quezon City Central Business District, and also with the restoration of Manila's old buildings, not to mention the clearing all squatter's areas, declogging of all canals and waterways, and rehabilitation of Pasig River and Manila Bay.
80B to be spent to provide decent housing for 30M Filipinos (that's 5M families supposing each family has 6 members). Priority will be given to those who live in the slums, followed by those living on far-flung provinces.
50B to improve nationwide roads, priority will be given to the Cordilleras, Aurora, Mindanao, Samar, Leyte, Bicol, Palawan and Mindoro. New expressways that will traverse the whole of Luzon and Mindanao. Railways to connect the whole islands of Luzon, Mindanao, Samar & Leyte, Negros, Panay and Cebu. Bridges to connect the islands of Panay and Negros, Cebu and Negros, Luzon and Mindoro, and Luzon and Samar.
10B to rehabilitate airports and priorities will be given to Clark, Puerto Princesa, Busuanga, Cebu, Bohol, Caticlan, Laoag, Naga or Legaspi, and Siargao.
50B to modernize the Police and Military. Need I say more? Lol.
10B to be given for the welfare of fisheries, coral reefs, forestry, and wildlife in the country.
20B to fully utilize Palawan, Mindoro,and Mindanao's oil and natural gas potentials.
20B to jumpstart responsible mining in the country. It is said that the country has a $1 Trillion mineral wealth and that should well be exploited to good use!
10B to modernize the agricuture sector in the country. I believe we already have enough know-hows on how to do it. We just need money and technology to further increase production.
5B to boost the country's campaign for more tourist arrivals.
40B for the Social Welfare Department. There will always be families that will need government subsidy to help their families.
20B to modernize Philippine sports. This could be used for the country's long-term grassroots program. I propose this money be used for swimming, soccer, boxing, taekwondo, weightlifting, diving, gymnastics, badminton and table tennis. Basketball already has a good program so I need not to add to it. Although part of the money will be used to build new stadiums.
5B to help convert garbage into biofuel. Manila and other major cities will benefit a lot from it.
10B to be used to fully utilize geothermal, wind, and solar power in the country to control the country's dependence on fossil fuels for energy.
40.1B to be used to build a hub in the Autonomous Region of Muslim Mindanao for the Muslim world (rivaling cities in Malaysia). The plan is to make a city that will provide better livelihood for the Muslims in the area, a center of education for the Muslim world, a Muslim television station (or stations) and a place where rich Muslims can invest in. That city could be found somewhere in Central Mindanao near the Moro Gulf.
and the rest of the money (200B in all) to be added on our National Reserves.

What do you think of my plan?

7 Responses to “What Would US$700B Mean To Me”

Jake said...
October 15, 2008 at 6:37 PM

Your plan will give you the Philippine presidency!

:)


Jerick said...
October 15, 2008 at 10:12 PM

lol @jake!

people will hate me if i become the president!


the spool artist said...
October 16, 2008 at 12:33 AM

hhhmmm, i think you are better off as Central Bank governor!


Jerick said...
October 16, 2008 at 12:36 AM

@spool artist,

as long as i don't do accounting!!!


Anonymous said...
October 18, 2008 at 12:42 PM

How about a few billion to promote Filipino culture, the arts, museums
and things like that; also a few more for our flora/fauna especially
the critically endangered endemic species. Your plan is excellent but I will suggest to add the following too: modernization of the police/fire/rescue/emergency and disaster response (our country is one of the most disaster-prone countries), weather forecasting,
journalism (I don't like watching our newscasts...they should let those people watch BBC or CNN; let them read the Times or Newsweek),
research facilities/science high schools/technological universities/ vocational institutes/on-line schools, etc.
But most of all improve our infrastructure-our ports (sea/air), expressways and subways for metro areas and railroad not just in Luzon but in other parts of the country especially Mindanao.
An excellent infrastructure system translates to improved tourism, investments, travel and ultimately understanding and love for our beloved Pilipinas.


Jerick said...
October 19, 2008 at 4:01 PM

@rom,
I believe i already answered that!
We have 50B dollars to spare for both the military and police!
30B for schools would help improve what you mentioned on things regarding education, labs, better equipment, museums, etc.
And as for Mindanao, i think i've been fair enough! 40.1B for creating ARMM as the hub of the Muslim world? Part of the 50B Dollar national budget for building highways and railways in Mindanao? And please re-check everything cos Mindanao will be sooo benefited!


Anonymous said...
February 10, 2009 at 3:45 AM

Nice!

I hope these plans will be a success if we had that US$700B....

OMG! What an amount of money to spend!

A round of aaplause!

Two thumbs up!

:D :D :D :D :D :D :D


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