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AmBisyon Natin 2040 (literally "Our Ambition 2040") is the twenty-five-year long term vision developed by the Philippine government as a guide for development planning. [1] [2] It is designed to overcome the challenges brought by the Philippines' current political system, which is bound to the limits of the country's six-year presidential terms. [3]
Additionally, the Philippines and the World Bank have set goals for the Philippines by 2040. By that time, the Philippines wants to be free from poverty and sustain a prosperous middle class. [39] In order to do so, the World Bank estimates that income per capita must triple by way of having its economy grow at an average annual rate of 6.5%. [40]
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Global Changemakers [1]. Global Changemakers is an international youth organisation with headquarters in Zurich, Switzerland. [2] To date, they have directly trained over 1000 young people and provided grants to 450 youth-led projects in over 128 countries.
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If you are struggling with budgeting and saving, there are a number of methods you can use to help you meet your financial goals. One of the most popular is the 40-30-20-10 rule. While the rule...
[22] [23] Imee Marcos accused House Speaker Martin Romualdez of spearheading the initiative for Charter change and questioned the initiative's motives, saying the restrictive economic provisions have already been addressed in the past Congress through the enactment of the Retail Trade Act, Foreign Investments Act, and Public Service Act. [17]
One of the goals of the TRAIN law is to make the economic environment of the Philippines more appealing to foreign investors. The reforms being implemented by the Duterte administration have been recognized and lauded by international institutions, leading to strong investor confidence and better growth prospects for the economy. [ 39 ]