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Sunday, September 29, 2024

Climate change plan

The government should intensify climate-change mitigation programs to save the agriculture sector from the adverse effect of El Niño, the Finance department said Friday.

“The government should intensify its programs to strengthen the resiliency of the country against climate change as this severely affects the agriculture sector which employs some 30 percent of the workforce,” Finance Undersecretary Gil Beltran said. 

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Gil Beltran

Beltran made the comment in an internal economic bulletin after manufacturing output in November grew at a slower pace at 7.5 percent. 

The Philippine Statistics Authority said in its Monthly Integrated Survey of Selected Industries that the growth in the volume of production index, which represented the output of 20 biggest manufacturing sectors, decelerated from 9.1 percent year-on-year.

Beltran said public-private-partnership projects would also be key to sustain the growth trajectory of the economy.

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