Bohol Sunday Post | April 19, 2009

Department of Trade and Industry Secretary Peter Favila has invited Governor Erico Aumentado or a representative from the provincial government to attend the policy forum on global financial crisis on April 23 at the Dusit Thani Hotel in Makati City.

Guest speaker during the activity will be US Ambassador Kristie Kenney.

Panelists from the government sector will be Secretaries Ray Anthony Roxas-Chua of the information technology commission, Arthur Yap of the agriculture department, Lito Atienza of the environment department, Joseph Ace Durano of tourism, and Leandro Mendoza of the DOTC.

The policy forum will be based on the theme, Global Financial Crisis and Economic Slowdown: Impact on the Philippines and Policy Options.

DTI organizes the activity in partnership with the Department of Interior and Local Government, the National Competitiveness Council, the LINC-EG project of the USAID and the International Finance Corporation of the World Bank, Favila said.

It aims to assess the impact of the crisis and the slowing global economy on the priority industries identified by the government and recommend measures to mitigate their impact, then encourage collective action by the national government in partnership with industry leaders.

“This is not just to pursue the objectives of stimulating the economy but to also forge consensus on strategic measures that would further enhance the competitiveness of the country,” Favila pointed out.

DTI serves as lead convenor of the working group on growth and investment climate under the Philippines Development Forum, he said. (Angeline Valencia/PGMA)