Government to continue investing in people, says Palace official

Wednesday, July 30th, 2014. Filed under: Philippine News
President Benigno S. Aquino III addresses the nation during the Press Briefing at the Heroes Hall of the Malacañan Palace on Monday (July 14, 2014). (MNS Photo).

President Benigno S. Aquino III addresses the nation during the Press Briefing at the Heroes Hall of the Malacañan Palace on Monday (July 14, 2014). (MNS Photo).

MANILA (Mabuhay) – Malacañang said the government will continue to prioritize uplifting the lives of the people following the release of UN Development Report that assesses income, education and life expectancy of the nation.

“When it comes to that, it’s really in continuing to invest in human capital,” Deputy presidential spokesperson Abigail Valte said in an interview on Saturday over dzRB Radyo ng Bayan.

Valte said that the general perception is that investment only means money going to infrastructure to attract businesses.

But she said there is also investments on human capital, which means strengthening the capabilities of the country’s citizens, she said.

This includes investment in education, health care, social services and others, she added.

According to the recently released UN report, the Philippines improved slightly in its assessment. The UN Development Report measures income, education and life expectancy.

The report was released in Tokyo by the United Nations Development Program (UNDP) covering 187 countries, with the Philippines ranking No. 117, up one notch from 118 in the previous edition.

The Top 10 countries in UNDP’s ranking from No. 1 to 10, are Norway, Australia, Switzerland, the Netherlands, the United States, Germany, New Zealand, Canada, Singapore, and Denmark.

The UN Development Report pushed for wider access to basic social services like education, health care, water supply and sanitation, and public safety, full employment, disaster risk reduction and management, and responsive institutions. (MNS)

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