NEDA assures 4PH program to continue
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00:00The National Economic and Development Authority, or NEDA,
00:03assures the government's Pambansang Pabahay para sa Pilipino, or 4PH, program will continue.
00:09NEDA Secretary Arsenio Valdesacan explained the government considered the effect to other sectors
00:15if the administration pursued its initial goal of 6 million housing units instead of the current
00:21figure, which was significantly brought down to 3 million. He stressed, does not mean that
00:27government cannot achieve the initial goal, although, aside from this, the NEDA chief said
00:32the new target would not in any way affect the economy and instead actually view it as a job
00:38generating program. As we put in more money there, of course, we would have less resources for
00:46education, for health, for infrastructure. So, you know, we have to balance to ensure that the
00:50economy is not affected adversely. So, we are still keeping the program, but not at the level
01:04that was originally produced, but it's still very significant and it's going to contribute to
01:12additional jobs.