16
The right to social security of the workers in the informal economy/ sector
also prioritized. These include cross-cutting strategies enabling the supportive
economic environment and foundation for sustainable development.
“Pagbabago” Transforming Towards Equity and Resiliency:
The PDP’s strategies for workers in the informal sector are mainly lodged under
the ‘pagbabago pillar’. In this pillar, economic and social opportunities will be
ensured for all in order to transform society and achieve equity and resiliency in
particular towards the digital economy. Hence, this will include the digital
transformation of the agriculture industry, and services sectors, as well as increase
the provision of training on digital skills for the workforce. Relevant outcome goals
for workers in the informal economy, one expanding economic opportunities
transforming human capital towards greater agility, ensuring food resiliency, and
reducing vulnerabilities of the Philippines.
Expanding Economic Opportunities:
PDP Chapter 9C [provides] Expanding access on Economic Opportunities
particularly for investments, start-ups, MSEs, and the cooperatives to promote
business inclusions among groups that are left behind.
Strategic directions for the informal sector workers in the remaining planning
period include the support and transition of micro and small enterprises to the
formal economy and facilitating access to finance start-ups, MSMEs, and
cooperatives. Specific initiatives are: first, streamlining LGUs processes and
requirements for registration in securing business permits of barangay, micro
business enterprises targeting informal sector operators. This will facilitate a
transition to the formal economy and will broaden their access to tap formal
financing channels. Another one is adjustment measures to start-ups, MS&Es, and
cooperatives severely affected by calamities and national emergencies, these are
done through ongoing relief programs.
Human Capital Development:
Chapter 10 on transforming Human Capital Development towards greater
agility ensures that individuals and peoples’ groups will have more options to
develop their full potentials, ensuring [the] employability of displaced workers, job
seekers, and especially those in the vulnerable sector posed for swift and
coordinated society approach to policy actions. This will be accomplished through
the following strategies:
•
•
Improving employability- skills development and retooling will be
further advanced through continuing education, training, and digital
learning.
Skills retooling program through flexible and blended training
arrangements, to expand to build skills critical to current and
emerging industry demands. Targeted training modules are being
developed to cater [to] the needs of the displaced workers,
repatriated OFWs, new entrance to the labor force, vulnerable sector,
including workers in the informal sector, workers in hard-hit
industries, casuals, and gig workers