Nakinabang ang isang milyong pamilya sa programang pabahay at palupa, mula sa PAG-IBIG, NHA, community mortgage program, certificates of lot awards, at saka yung inyong Loan Condonation and Restructuring Act..

Our average inflation is the lowest since 1966. Last June, it dropped to 1.5%. Paano nakamit ito? Proper policies lowered interest rates, which lowered costs to business and consumers.

Dahil sa ating mga reporma, nakaya nating ibenta ang bigas NFA sa P18.25 per kilo kahit tumaas ang presyo sa labas mula P17.50 hanggang P30 dahil sa kakulangan ng supply sa mundo. Habang, sa unang pagkakataon, naitaas ang pamimili ng palay sa mga magsasaka, P17 mula sa P11.

Dahil sa ating mga reporma, nakaya nating mamuhunan sa pagkain—anticipating an unexpected global food crisis. Nakagawa tayo ng libu-libong kilometro ng farm-to-market roads at kasama ng pribadong sector, natubigan ang dalawang milyong ektarya. Mga Badjao gaya ni Tarnati Dannawi ay tinuruan ng modernong mariculture. Umabot na sa P180,000 ang kinita niya mula noong nakaraang taon. Congratulations, Tarnati. We will help more fisherfolk shift to fish farming with a budget of P1 billion.

Dahi dumarami na naman daw ang pamilyang nagugutom, mamumuhunan tayo ng bago sa Hunger Mitgation program na nakitang mabisa. Tulungan nito ako dito Kongreso.

Mula noong 2001, Nanawagan tayo ng mas murang gamot. Nagbebenta na tayo ng mga gamot na kalahating presyo sa libu-libong Botika ng Bayan at Botika ng Barangay sa maraming dako ng bansa. Our efforts prodded the pharmaceutical companies to come up with low-cost generics and brands like RiteMed. I supported the tough version of the House of the Cheaper Medicine Law. I supported it over the weak version of my critics. The result: the drug companies volunteered to bring down drug prices, slashing by half the prices of 16 drugs. Thank you, Congressman Cua, Alvarez, Biron and Locsin..

Pursuant to law, I am placing other drugs under a maximum retail price. To those who want to be President, this advice: If you want something done, do it hard, do it well. Don’t pussyfoot. Don’t pander. And don’t say bad words in public.

Sa health insurance, sakop na ang 86% ng ating populasyon.

Sa Rent Control Law ng 2005 hanggang 2008, hanggang sampung porsyento lang maaaring itaas taon-taon ang upa. Iyong kakapirma nating batas naglagay ng isang taong moratorium, tapos pitong porsyento lang ang maaaring itaas. Salamat, Kongreso..

Noong isang taon, nabiyayaan ng tig-P500 ang mahigit pitong milyong tahanan bilang Katas ng Pantawid Koryente para sa mga small electricity users..
Iyong power rates, ang EPIRA natin ang pangmatagalang sagot. EPIRA dismantled monopoly. But minana natin iyong power purchase agreements under preceding administrations, so hindi pa natin makuha iyong buong intended effect. Pero happy na rin tayo, dahil isang taon na lamang iyan. The next generation will benefit from low prices from our EPIRA. Thank you.

Samantala, umabot na sa halos lahat ng barangay ang elektrisidad. We increased indigenous energy from 48% to 58%. Nakatipid tayo sa dollars tapos malaki pa ang na-reduce pa iyong oil consumption. The huge reduction in fossil fuel is the biggest proof of energy independence and environmental responsibility. Further reduction will come with the implementation of the Renewable Energy Act.and the Biofuels Act..again, thank you.

The next generation will also benefit from our lower public debt to GDP ratio. It declined from 78% in 2000 to 55% in 2008. We cut in half the debt of government corporations from 15% to 7. Likewise foreign debt from 73% to 32%. Kung meron man tayong malaking kaaway na tinalo, walang iba kundi ang utang, iyong foreign debt. Past administrations conjured the demon of foreign debt. We exorcised it..

The market grows economies. A free market, not a free-for-all.

To that end, we improved our banking system to complement its inherent conservatism. The Bangko Sentral has been prudent. Thank you, Governor Tetangco, for being so effective. The BSP will be even more effective if Congress will amend its Charter..

We worked on the Special Purpose Vehicle Act, reducing non-performing loans from 18% to 4% and improving loan-deposit ratios..

Our new Securitization Law did not encourage the recklessness that brought down giant banks and insurance companies elsewhere and laid their economies to waste. In fact, it monitors and regulates the new-fangled financial schemes. Thank you, Congress..

We will work to increase tax effort through improved collections and new sin taxes to further our capacity to reduce poverty and pursue growth. Revenue enhancement must come from the Department of Finance plugging leaks and catching tax and customs cheats. I call on tax-paying citizens and tax-paying businesses: help the BIR and Customs spot those cheats…

Taxes should come from alcohol and tobacco and not from books. Tax hazards to lungs and livers, do not tax minds. Ang kita mula sa buwis sa alak at sigarilyo ay dapat pumunta sa kalusugan at edukasyon. Sa kalusugan, pondohan ang Philhealth premiums ng pinakamahihirap. Ponhodhan ang mas maraming classroom at computers…

Pardon my partiality for the teaching profession. I was a teacher..

Kaya namuhunan tayo ng malaki sa edukasyon at skills training..

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