President Gloria Macapagal-Arroyo will hold the first post-election cabinet meeting to discuss her six-point pro-poor project as her lead in the election is still volatile.
Presidential spokesman Ignacio Bunye Thursday said in a radio interview that how to fund the president's six-point pro-poor program will be part of the agenda of the Cabinet meeting to be held on Friday.
"The government has to earmark sufficient funds for these priority projects so it will be part of what the Cabinet will takeup in the meeting," Bunye said.
He said that the people really need these basic services in health, education, electricity, water and other basic needs and the Cabinet and other government officials down to the local governments will work towards the realization of these objectives.
During the campaign period, the president defined the priorities in her next administration, if she wins the election, as the creation of 1 million jobs yearly, increasing three-fold loans to small and medium enterprises, providing clean water to every village, bringing electricity to 1,500 villages per year andreducing its cost, building 3,000 new school houses, providing a scholarship for every poor family and reducing by half the cost ofmedicines the poor normally use.
Bunye, however, ruled out the possibilities for the government to resort to borrowing to find the necessary funds to implement these top priorities in the next six years.
Bunye said that the president had generated more than 3 millionjobs in her first three years at the helm of government and job generation would continue hand in hand with the loans extended to small and medium enterprises.
As the Cabinet meeting is under preparation, the opposition presidential candidate and former film star, Fernando Poe Jr. regained the lead in the unofficial and partial counting of votes as of 9 a.m. on Thursday.
According to the quick count of the non-governmental organization National Citizen's Movement for Free Elections, Poe has 692,499 votes compared to Arroyo's 675,439 votes.
Despite an uncertain result of the presidential election, President Arroyo has been receiving congratulatory messages from the international community, Bunye said.
Source: Xinhua