Here are the sample areas related to the Human Resource Management...
On Reforms....
-->Our reforms gave us the resources to protect our people, our financial system and our economy from the worst of shocks that the best in the west failed to anticipate.
They gave us the resources to extend welfare support and enhance spending power.
As a nation, country's people was the one of its responsible resourcesto uplift the goals and develpment of a country.
So by those reforms proclaimed, it is really a big help and hope for those people who wants change and improvement of the country in the near future.
On microfinance loans.....
"Nakinabang ang pitong milyong entrepreneurs sa P165 billion na microfinance loans."
"Nakinabang ang sandaan libo sa emergency employment ng ating economic resiliency plan. Kasama natin ngayon ang isa sa kanila, si Gigi Gabiola. Dating household service worker sa Dubai, ngayon siya ay nagtatrabaho sa DOLE."
Nakinabang ang isang milyong pamilya sa programang pabahay at palupa, mula Pag-Ibig, NHA, community mortgage program, certificates of lot award, at saka iyong loan condonation."
Considering that a family was the foundation unit of a country's deveploment. Without a family, economic stability will not step up and debelop as expected to be. Hoping that this microfinance will be a benefit for the family and for all the people.
On Proper policies lowered interest rates...
Proper policies lowered interest rates, which lowered costs to business and consumers.
"—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 P 180,000 ang kinita niya mula noong nakaraang taon. Congratulations, Tarnati. We will help more fisherfolk shift to fish farming with a budget of P1 billion."
On 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 stop those tax cheats.
With this new policies and interest rates implemented by the government, people willl enjoy their rights and duties, crimes and other restricted doings will lessen and of course many people can start a new business and living through the help of loans by the provision of the authorized and trusted banks and associations.
Reference:
http://jlp-law.com/blog/state-of-the-nation-address-sona-2009/
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