3. Develop a pro-Filipino economy

We envision a pro-Filipino economy controlled by and benefiting the Filipino people and not foreigners of the elite. End the domination and destructive imposition of the US and other foreign interests on the country’s economy. Push for programs supporting genuine agrarian reform, cooperativization, and modernization of agriculture and industrialization of the country. Persevere in ensuring a fair distribution of the country’s wealth and benefits of the economy.

End foreign impositions and domination.

Terminate economic impositions and agreements with the US, Japan, IMF, WB, ADB, GATT/WTO, APEC and others, that trample upon our national economy and the people’s interests. End liberalization, privatization, deregulation and denationalization of different aspects of the economy.

Renegotiate and establish new relations and enter into new economic agreements with other countries and regional and global institutions that would advance the program for developing our productive capacity and for mutual benefit.

Implement genuine agrarian reform.

Push for scrapping the sham Comprehensive Agrarian Reform Program. We will repeal the Agriculture and Fisheries Modernization Act, and amend the Local Government Code.

Pass and enforce new laws for genuine agrarian reform that contain free distribution of land, encompassing all agricultural lands. Scrap the deceptive stock distribution scheme and other forms of exemptions to land redistribution. End the massive land use conversion and make steps to once again use agricultural lands that were erroneously classified otherwise. Cancel the loans of farmers who have been given land under CARP and PD 27.

Campaign and support the formation of cooperatives from the poor and middle peasants. End usury and keep check of commercial abuse by landlords and big traders on the small and middle farmers.

Advance the country’s industrialization program.

Protect and support local agricultural and industrial producers through increase in tariffs and return of quantitative restrictions of imported products. Decrease the taxes and give incentives and help to local businessmen, especially the small and medium enterprises and cooperatives.

Nationalize strategic industries and services for the benefit of the public. Through the efforts of the state and with the help of the private sector, let us implement programs and projects to establish and/or develop related industries like steel, petrochemicals, textile/clothing, light manufacturing, energy, transportation, telecommunication, housing and consumer goods. Implement programs to build local industries to process minerals and other raw materials instead of exporting them.

Implement the Filipino First policy in trade and finance, and procurement of government needs. Campain and institutionalize the appreciation of Filipino-made products.