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    Strong peso–boon and bane

    WE have been concerned with the protection of our children, our investment for the future of our country, our hope that tomorrow’s leaders will continue to improve on the breakthroughs our government achieve today that future generations will nurture and enjoy.

    Parents today are pressed with making ends meet in the face of tuition hikes and other spiraling education costs, but still they endeavor to make ends meet trusting in education’s power to guarantee a brighter future for their children.

    Oftentimes for the ordinary Filipino family, education is their only hope in giving their kids an edge over the uncertainties of life. This June, millions of students will reenter school, and we hope that beyond the teachings of the academe, in their hearts will be rekindled the flame of patriotism and spur them to help build a better nation while helping themselves. 

    ***** 

    Did you know that the Department of Education (DepEd) issued an advisory that gives parents the ultimate responsibility in determining whether their children should go to school in a downpour in the absence of any storm signal? This resolves the problem of late announcements of class suspension when streets are already flooded, endangering the lives and health of young students. 

    ***** 

    Our democracy remains threatened by leftist elements, encroaching upon our freedoms particularly in the countryside, poisoning the minds of our young.

    Just recently, military authorities arrested a pregnant 16-year-old girl who is allegedly a member of the NPA. A few days before, a 17-year-old rebel surrendered to the authorities.

    This is pure and simple case of corruption of minors, and these two kids are not alone. There are dozens of juveniles barely in their teens who have been brainwashed into joining the rebel groups, teaching the young how to kill, how to make bombs in order to kill some more. 

    ***** 

    Lately we have seen the proliferation of private preparatory schools, which are nothing but stylized playgrounds for toddlers.

    A young mother was telling me about her difficulty in raising the down payment for the enrollment of her youngest child in one of these private prep-schools which is charging P50,000 per term.

    Does DepEd or any other government agency control and supervise this new prep-school business, including the monitoring of the tuition charged to toddlers exclusive of uniforms and other school requirements?

    At the rate these prep schools are sprouting all over the place, this will impoverish hundreds of thousands of Filipino families as prep-school education is now being considered as requirement for entering Grade I.

    If you ask me, I believe this is a racket and should be properly supervised. Now, every garage or garden is a prep school, sweetened with a little sandwich and cold drink. 

    ***** 

    Next to education, health care is high on the people’s list of priorities. The Arroyo administration has gone out of its way to bring to the people the benefits of a government-subsidized medical program.

    But always there will be those who will exploit such good intentions for profit. Malacañang recently ordered an investigation into the reported fake claims by some private hospitals from PhilHealth, which amounts to billions of pesos which could have gone to more meaningful health programs. 

    ***** 

    On the other hand, the Hospital Detention Act, which triggered vigorous opposition from private hospitals and doctors, has galvanized the professional medical practitioners, hospital associations and the Senate to put their heads together in the drafting of the implementing rules and regulations which, in turn, will be subject to public scrutiny before these rules can be approved.

    Although the protests were a bit premature, the problem remains to be critical.

    Just recently, there was this incident in Iloilo City where an emergency patient in a local hospital was turned away because the family of the patient failed to raise the P5,000 deposit. On the way to another hospital, the patient died.

    This is just one example of a hospital’s inhumanity inflicted on a patient that must be rectified. We applaud the efforts of the DOH in bringing together all the parties to come up with a viable formula to make the law work as envisioned by its authors. 

    ***** 

    Meanwhile, there is a pending measure designed to bring down the cost of medicine through the amendment of the Intellectual Property Code, allowing for the parallel importation of medicine that will spur healthy competition in the pharmaceutical field.

    According to Shalimar Vitan, policy coordinator of UK-based NGO Oxfam, such a law will promote cheaper generic drugs of the same potency as the branded ones and providing that all drugs undergo “bio-equivalency” tests to ensure that the generics are of the same quality.

    We keep our fingers crossed that there will be enough number of solons on June 4 to pick up the deliberations on the House and Senate bills after the election recess. 

    ***** 

    The country’s economy posted its fastest growth rate in 20 years for the first quarter of the year by 6.9 percent. The President happily reported this breakthrough during her state visit to Australia saying: “The Philippines is on a roll.”

    Thank you, Madam President. 

    ***** 

    The peso has gotten so strong that it is now necessary for the government to provide for a P280-million fund to help exporters cushion the drop in their dollar earnings by enhancing their product packaging and marketing. Due to our economic success, we have also been prepaying our foreign debts and piling up on our international reserves.

    A strong economy fuels a strong currency and it does appear that our exporters are getting “punished” for the surge in the economy.

    Trust the business community, it will always find a way to turn crisis into opportunities.

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