LGA capacitates experts in bringing in economic development to LGUsSeptember 16, 2019
PASIG CITY - With a roster of seasoned professionals in the field of Local Economic Development (LED) as participants, the experts have gone back to the fundamentals of LED and the principles of mentoring in filling in the gaps and facilitating enabling conditions for local economic development and sustainability.
To “cooperate, connect and coach communities”, that was the thematic banner, the mood and ambiance that greeted the participants on the conduct of the Coaches’ Training on Local Economic Development for Local Governments (LED4LGUs). In this 4-day intervention, participants reprised their role as learners and engaged their fellow experts as they are capacitated to become effective mentors/coaches to LGUs in developing economic strategies throughout local governments in the country.
With a roster of seasoned professionals in the field of Local Economic Development (LED) as participants, the experts have gone back to the fundamentals of LED and the principles of mentoring in filling in the gaps and facilitating enabling conditions for local economic development and sustainability.
More than just the concepts and principles, participants were engaged in discussions with experts to share and discuss insights and practical experiences to encourage economic development in various localities, and likewise agree upon common goals and objectives to employ strategies for effective coaching/mentoring of LGUs in guiding them towards institutionalizing sustainable local economic development in their communities.
With the present landscape of the Philippines’ economic development, the future looks promising for the country as international funding institution giants such as the World Bank (WB) and the Asian Development Bank (ADB) forecast that the country’s economy is poised to grow in the coming years.
And with policies intact to mainstream the efforts for local economic development, and supported by the Philippine Development Plan (PDP) 2016 – 2020 of the present administration, the spotlight has shifted to the local government units, as the Local Government Code has provided for their corporate nature in achieving national goals
The LGUs’ role towards this end is vital, as they are expected to take on the front seat in this national initiative to meet the government’s thrust for an inclusive and sustainable economic growth across all parts and sectors of the country in meeting the AmBisyon 2040.
Anchored on the Department’s outcome area of fostering-in Business-Friendly and Competitive LGUs, and guided with the governance maxim of “Good Governance is Good Economics” as its framework, the LGA is on its effort to upscale its capacity building interventions to go beyond awareness and knowledge, by putting concepts and principles into concrete courses of action for LGUs to tap on their inherent corporate powers.
At the national level, on the other hand, efforts have been both aggressive and vibrant. Ever since the pronouncement of the President crackdown on irrelevant bureaucratic processes which discourages local investments to thrive in, the enactment of the Ease of Doing Business Act has enabled the government to streamline government services to encourage investments which is very well supported by the LGA (read more: LGA prepares DILG coaches in assisting LGUs implement ease of doing business).