Palace orders govt agencies to formulate economic plans

Philippine Presidential Palace

Yahoo syndicating GMANewsTV reported:

Memorandum Circular (MC) 3 — signed by Executive Secretary Paquito Ochoa on Sept.. 2 and released Monday — directed all government departments, offices and instrumentalities, including government-owned and -controlled corporations, to formulate their respective Medium-Term Philippine Development Plan (MTPDP) and Medium-Term Public Investment Program (MTPIP) for 2010-2016.

“These plans and programs shall have results-oriented focus on national development goals,” it said.

MC 3 said the MTPDP should included development goals and objectives, strategic policy framework to attain such goals and objectives, strategy planning matrix, result-based priority sectoral activities, and the necessary supportive legislations.

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Cocoy is an Internet entrepreneur, technology enthusiast, political junkie and social observer who enjoys a good cup of coffee, comic books, and tweets as @cocoy on twitter. He publishes The Multiverse, a weblog that covers pop culture, as well as Lab Rats that talks about Apple, Social Media and Technology. Cocoy is also the Managing Director and Editor-in-Chief of the ProPinoy Project. He regularly contributes political commentary at BlogWatch.ph, and writes about the technology sector for the Philippine Online Chronicles. "Conservative in what we say, Liberal in what we accept."