The enormous challenge also is how to translate these positive economic figures into the actual improvement of the living standards of our citizens, especially the poor. Development must always be inclusive. In Filipino, we have two popular words for this: “Walang napag-iiwanan (No one is left behind).”
One way to make sure that no one is left behind is to create an environment that would be inviting for micro, small and medium enterprises (MSMEs). Just like the small and medium enterprises’ (SMEs) significant contribution to the economy of Canada, MSMEs also significantly contribute to the Philippine economy.
Canada and the Philippines also share the same high record of employment generation through SMEs. In the Philippines, from 2011 to 2012, more than 700,000 jobs were created trough programs that assisted MSMEs, according to the Department of Trade and Industries. This is one sure way to open better opportunities with the marginalized.
If we could have more MSMEs, more Filipinos would also have access to better economic living. And with this scenario in entrepreneurship, hopefully, our citizens would be more hopeful, inspired and participative in national transformation. With this, our economy would achieve two things: To be aggressive and, at the same time, inclusive.
While we hope for the best, we remember to thank the Lord for His overflowing grace showered to our beloved country, the Philippines! We thank You, God, for all the gifts!
“Every good gift and every perfect gift is from above, and comes down from the Father of Lights, with whom there is no variation or shadow of turning.” (James 1:17, New King James Version)