Nasa 800 BILLION to 1 TRILLION PESOS ang potential ANNUAL RETURNS ng Constitutional Reforms or CHARTER CHANGE.
Ang sinasabi na maaring gastos for having a CONSTITUTIONAL CONVENTION is around 11-15B PESOS one time cost or expense.
Maraming NAGREREKLAMO na MALAKI raw ito na GASTOS... Pero hindi nila sinasabi kung ano ang benefit if magConstitutional Reforms tayo.
THE BENEFIT OUTWEIGHS the COST by 789 BILLION PESOS or MORE.
The REALITY is that CHARTER CHANGE or CONSTITUTIONAL REFORMS is not an EXPENSE but an INVESTMENT, a VERY GOOD INVESTMENT with a VERY HIGH POTENTIAL RETURNS.
The REALITY is that CHARTER CHANGE or CONSTITUTIONAL REFORMS is not an EXPENSE but an INVESTMENT, a VERY GOOD INVESTMENT with a VERY HIGH POTENTIAL RETURNS.
Tingnan na lang natin sa dalawang aspeto. Ito ang sa FDIs or FOREIGN DIRECT INVESTMENTS at sa COST of CORRUPTION.
1. FDIs or FOREIGN DIRECT INVESTMENTS
https://www.macrotrends.net/.../foreign-direct-investment....
Ang ANNUAL AVERAGE ng PILIPINAS is around US$8Billion of FDIs entering the country.
If we REMOVE ALL ECONOMIC PROVISIONS in the CONSTITUTION, the FDIs is projected to maybe double or triple.
That is around US$8Billion more on FDIs or PHP448Billion entering the Philippine Economy in the form of JOBS and capital INVESTMENTS and business expenditures benefiting the common workforce, the MSMEs, and the local businesses as a whole.
Add to that the intangible benefit of TECHNOLOGY and SKILLS TRANSFER to the labor force.
https://www.macrotrends.net/.../foreign-direct-investment....
Ang ANNUAL AVERAGE ng PILIPINAS is around US$8Billion of FDIs entering the country.
If we REMOVE ALL ECONOMIC PROVISIONS in the CONSTITUTION, the FDIs is projected to maybe double or triple.
That is around US$8Billion more on FDIs or PHP448Billion entering the Philippine Economy in the form of JOBS and capital INVESTMENTS and business expenditures benefiting the common workforce, the MSMEs, and the local businesses as a whole.
Add to that the intangible benefit of TECHNOLOGY and SKILLS TRANSFER to the labor force.
2. SAVINGS on CORRUPTION Costs
https://news.abs-cbn.com/.../p700-billion-lost-yearly-due...
The Philippines is losing around P700 billion, or around 20 percent of the country's total budget appropriation, yearly, due to corruption, an official said.
If we SHIFT to FEDERAL PARLIAMENTARY, and if we can hopefully reduce CORRUPTION by 50%, that is a SAVINGS of PHP350Billion every year.
https://news.abs-cbn.com/.../p700-billion-lost-yearly-due...
The Philippines is losing around P700 billion, or around 20 percent of the country's total budget appropriation, yearly, due to corruption, an official said.
If we SHIFT to FEDERAL PARLIAMENTARY, and if we can hopefully reduce CORRUPTION by 50%, that is a SAVINGS of PHP350Billion every year.
3. Kahit pa we will use a VERY CONSERVATIVE ESTIMATE.
For FDIs (increase of just 10%)
448B pesos * .1 = 44.8Billion Pesos
448B pesos * .1 = 44.8Billion Pesos
For Corruption(down by 10%)
700B pesos * .1 = 70Billion Pesos
700B pesos * .1 = 70Billion Pesos
For a total of 115Billion Pesos.
Dito sa dalawang aspeto, kitang kita na natin na ang laki ng BENEFITS if we do CONSTITUTIONAL REFORMS as soon as possible.
Maliit na maliit lang ang ating INVESTMENT of 11B at kahit na DOBLEHEN pa to 22B pesos
as compared to Potential RETURN of 800 Billion or 115Billion Pesos conservatively.
as compared to Potential RETURN of 800 Billion or 115Billion Pesos conservatively.
Wala pa diyan ang other benefits like
- Improved standards of living for the people.
- Improved quality of goods and services
- Improved efficiency and effectiveness of the government system
This just proves the POINT that COST should never be an ISSUE for doing Constitutional Reforms because the benefit is just too high to ignore. It would just be IDIOTIC to ignore this REALITY.
With this crude and basic analysis, pwede pa natin pagsabayin ang Constitutional Convention(CON-CON) at ang Constituent Assembly(CON-ASS) to ensure that we will have COMPLETE and FAST DELIVERY of the NEEDED CONSTITUTIONAL REFORMS.
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