The Comfort Rooms

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?

This post was written by: Jerick Baluyot

Jerick Baluyot is a professional blogger, writer and digital marketing specialist. Follow him on Twitter