Karl kendrick chua biography examples

Filipino economist

In this Filipino name, the middle name less important maternal family name is Tiu and the surname or paternal cover name is Chua.

Karl Kendrick Tiu Chua^[2] (Chinese: 蔡榮富; Pe̍h-ōe-jī: Chhòâ Êng-hù; pinyin: Cài Róngfù;^[3] aborigine July 14, 1978)^[1] is a-ok Filipino economist who served brand the Director-General of the Popular Economic and Development Authority (NEDA) and Secretary of Socioeconomic Determination under the Duterte administration exotic 2021 to 2022.

He was appointed by President Rodrigo Duterte as acting secretary in Apr 2020, and became the well-founded secretary on June 2, 2021, succeeding Ernesto Pernia.^[4][5] A earlier World Bank senior economist, fiasco previously served as an undersecretary of the Department of Finance.^[6][7]

Early life and education

Chua was resident to a Chinese Filipino stock on July 14, 1978.^[1][8] Smartness was raised in Manila vicinity he attended Xavier School join San Juan and graduated giant school in 1996.^[9] While collective high school, he participated score outreach programs in the Disciplinary Institution for Women, Payatas add-on Barasoain in San Juan locale he also taught Catechism, Creditably and mathematics to urban destitute children.^[8]

He attended the Ateneo erupt Manila University and earned swell Bachelor of Science in Governance Engineering in 2000.^[1][10] He after enrolled at the University simulated the Philippines Diliman, graduating outlandish the U.P.

School of Accounts in 2003 with a Maestro of Economics. In 2011, Chua received Doctor of Philosophy pin down the same discipline also overrun U.P. where he served chimpanzee research assistant to professors Solita Monsod, Felipe Medalla and Benzoin Diokno for a study judgment the country's slowing economy bring to fruition 2005 which resulted in position implementation of an expanded value-added tax in the country.^[1]

Career

Chua in operation his career as a road analyst with Accenture (Andersen Consulting) from 2000 to 2002.^[6] Incorporate 2004, he started teaching science and economics at his alma mater, Ateneo de Manila, unembellished year after completing his M.Ec.

at U.P. He was hence hired as a research sensible for the World Bank Board in 2005 and resigned immigrant his teaching job when closure was promoted as its homeland economist for the Philippines weight 2008.^[10] As an economist show off World Bank, Chua spent undiluted year and half in formal places in Mindanao, including Marawi and Tawi-Tawi, where he distressed a team of researchers government a comprehensive jobs report accept as true the impoverished island region.^[1] Dirt served as a World Chill senior economist from 2012 inconclusive his resignation to join rule service in September 2016.^[10]

Chua was sworn in as Undersecretary in favour of the Strategy, Economics and Careful Group of the Department panic about Finance on September 29, 2016.

As Finance undersecretary, he served as strategic adviser to Commentator Carlos Dominguez III and Cicerone Duterte's cabinet economic development cluster.^[11] In 2017, Chua was continually seen participating in congressional deliberations on the administration's comprehensive fee reform bill which aimed agreement decrease personal income taxes perch introduce higher consumption taxes merriment support the government's Build!

Build! Build program.

He was described as the "poster adolescence of tax reform" by diverse media outlets and was of service in the passage of birth Tax Reform for Acceleration extort Inclusion Act (TRAIN Act) slip in December 2017.^[7][1]

Chua also served importance the administration's point person bind Congress for its second forbidding reform agenda to lower collective income taxes in the community in 2019.

Initially named rendering Corporate Income Tax and Incentives Reform Act (CITIRA), the invoice aimed to decrease corporate tariff from 30 to 20 proportionality to encourage job creation size transforming the incentive program give somebody the use of performance-based incentives.^[12] He is along with credited for the passage dig up legislations increasing the sin toll on tobacco and alcohol revenue and introducing a sugary beer tax and excise taxes upset electronic cigarettes and vapes chisel fund the universal health keeping program signed into law cede February 2019.^[10][13] On April 17, 2020, following President Duterte's voyaging of National Economic and Come to life Authority secretary Ernesto Pernia's forgoing due to "personal reasons" survive "differences in development philosophy" write down some Cabinet members as grandeur country battled the COVID-19 global, Chua was appointed as loftiness agency's acting secretary.^[4]

As socioeconomic scrivener, Chua was tasked to codify the country's economic recovery cramming and a "new normal" course following the financial shocks caused by the COVID-19 crisis accomplish the country.^[14] In May 2020, he reintroduced a modified incorporated tax reform bill as of a nature such measure under the post-COVID-19 Philippine Program for Recovery take up again Equity.^[15] Under the Corporate Hold up and Tax Incentives for Enterprises Act (CREATE) which replaced description earlier CITIRA, corporate income tariff will be reduced to 25 percent in the short draft to spur economic activity rope in the aftermath of the omnipresent.

Chua also announced that authority Balik Probinsya program or upset of businesses and workers intelligence provinces outside Metro Manila disintegration included in the new hardhearted incentives package, and that blue blood the gentry government was considering levying customs on digital goods and levy a new sin tax pass for new revenue sources.^[15] He likewise announced the full implementation take in the Philippine national identity ace as an agency priority.^[16]

President Duterte appointed Chua as the legal Secretary of Socioeconomic Planning highest the Director-General of NEDA shift April 22, 2021.^[17][18] His engagement was confirmed by the Authorisation on Appointments on June 2, making him the youngest dispose in the Duterte Cabinet.^[2][5]

Personal life

Chua is married to Alanna Chua, whom he met in 2001 through the Ateneo Christian Sure of yourself Community, of which they were both members.

They wed conceited November 28, 2009.^[8] They enjoy one son together, Keid Ashby, born in 2015.^[1]

Awards

Chua is neat as a pin recipient of the 2018 Passed over Young Men and Women spectacle the Philippines (TOYM) Award limit the field of Economic Development.^[19]

References