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PIA Press Release
2009/02/25

PGMA's speech to highlight economic managers' proactive dialogue with investors

Manila (25 February) -- President Gloria Macapagal-Arroyo will address Wednesday, Feb. 25, 2009, the "Philippine Economic Briefing" to underscore the need to sustain the country`s economic growth and uplift the lives of the poor.

The President will be the keynote speaker of the Briefing with the theme,"Challenges and Opportunities in a Global Crisis," at the Dusit Thani Hotel in Makati City.

To attract investments and create jobs, the President's economic managers are conducting a continuing dialogue with domestic and international investors on the state of the country's public finances and the economy.

Before the President's speech, her economic managers will conduct separate presentations on the state of the country`s fiscal and economic situation.

Among the presentors are Finance Secretary Margarito Teves, Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr., National Economic and Development Authority (NEDA) Secretary Ralph Recto, Trade and Industry Secretary Peter Favila, Budget and Management Secretary Rolando Andaya Jr., Energy Secretary Angelo Reyes, and Agriculture Secretary Arthur Yap.

An open forum, which will follow the presentations, will be moderated by Investor Relations Office (IRO) Executive Director Claro Fernandez.

In July 2001, the government created the IRO in response to investors' need for a coordinated approach to sourcing macro-economic information from the economic agencies of the government such as the BSP, NEDA, DOF, DTI, and DBM.

Through the proactive investor relations program, the country's economic agencies provide macroeconomic information needed by analysts and investors in making critical business and investment decisions. (PIA-MMIO) [top]

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