MANILA, Philippines - Several business leaders have put together an economic blueprint to help incoming President Benigno "Noynoy" Aquino navigate his first 100 days in office.
The Philippine Chamber of Commerce and Industry (PCCI) wants the president-apparent to thresh out major economic issues, including concerns on the budget deficit, current power supply, and the country's overall investment climate. It also urged Aquino not to give in to demands to increase basic wage.
PCCI vice chairman Donald Dee, for his part, said Aquino should begin looking into corrupt practices in the country's tax agencies.
Meanwhile, Makati Business Club executive director Alberto Lim said the Aquino administration should establish a policy to decongest Metro Manila.
Lim noted the capital's main airport and seaport should be transferred to neighboring provinces to better accommodate visitors and investors.
Lim, who is touted to be the next secretary of the Department of Budget and Management, also urged Aquino to consider raising the rate of existing taxes, particularly the value-added tax, to generate funds for government.
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