Binay to businessmen: Prosperity unfelt under PNoy's watch

Chiara Zambrano, ABS-CBN News

Posted at Oct 26 2015 06:42 PM

MANILA - Vice President Jejomar Binay again dismissed the achievements of the Aquino administration, saying that its accomplishments never translated to improved lives of the Filipino people, and that ''it promised much, but delivered very little.''

In front of leaders of the Philippine business community, Binay said he hoped to change all this should he become president of the country.

He said he wished to "replicate" Makati City's model of governance nationwide.

The Vice President believes that the impressive numbers on the country's economy were never felt on the ground.

He said in his speech that while the country's gross domestic product rose respectably, the poverty rate worsened. While there is a property boom, housing backlog worsened, Binay said.

The agriculture sector, he said, was being hit by rampant smuggling, and by the importation of large volumes of crops, making the Philippines the largest importer of rice in the world despite being a major producer of rice as well.

Binay also hit the current administrations's failure to reach the promised 10 million foreign tourist arrival target, with present numbers reaching only 4 million. Apart from that, Binay also said that the infrastructure needed to support 10 million foreign tourist arrivals is absent.

Binay added that tourists are also becoming victims of what he said was the "worsening peace and order situation that the last interior secretary failed miserably to check," referring to former Interior Secretary Mar Roxas, one of his opponents in the 2016 presidential elections.

Binay lambasted the national transport system that he said has adversely affected the efficient flow of goods and services. He criticized the Aquino administration's Public-Private Partnership program, which he called "the epicenter of its failure.''

"This admin will bow out of office with only 1 project, 4 km road obviously made to serve those who built it,'' he said.

Binay also said that he would push for changes in the constitution that would help more foreign investors pump money into Philippine shores, and ease the tax burden on Filipinos.

"Paying taxes in the Philippines is not fun," Binay said. "I've expressed many times my openness to constitutional revision. We cannot rebuild economy on the current framework that restricts foreign investments."

However, when it was pointed out that he was in fact part of the Aquino administration he is criticizing, Binay bristled and distanced himself from it.

"Boss, kanya-kanya ho kaming trabaho dyan, ha,'' he said. "Ang pinatrabaho ho sa akin, housing. Hindi naman ako kasama sa finance, di naman ako kasama sa ano. Wag mo akong isama kaagad, na kasama ako doon sa gobyerno."