Achieving growth in Mindanao can further boost the country’s progress, the World Bank said.
World Bank (WB) Country Director for Brunei, Malaysia, the Philippines and Thailand, Mara Warwick, stressed the growth and development of Mindanao can help the Philippines.
“Mindanao holds about one-fourth of the country’s population and one-third of the total number of poor Filipinos. Therefore, significantly reducing national poverty hinges on reducing poverty in Mindanao. Ensuring Mindanao’s prosperity benefits the entire country,” Warwick said on April 6.
In order to make this possible, the WB official urged the national and local governments, the private sector, and other players to be more focused, interconnected and coordinated in planning and implementing programs and reforms to use Mindanao’s potentials.
At the media briefing, WB launched the Philippines Mindanao Jobs Report, which was made in collaboration with the Mindanao Development Authority (MinDA) and the Philippine Business for Social Progress (PBSP).
The 92-page report, a strategy on Mindanao’s development, outlines three recommendations to speed up growth that creates more and better jobs and reduces poverty in the region.
This study allowed the WB to think of three recommendations to help the Philippines build Mindanao.
Warwick cited: raising the productivity of Mindanao’s agriculture and fisheries sector and improving connectivity to markets; boosting human capital and social protection for the poor; and addressing the drivers of conflict and strengthening institutions in conflict-affected areas.