Presidential Communications Operations Office

  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Wednesday, 25 May 2022 News Before 1 Feb 2012. Click for Latest
Web PIA  
 << May 2022 >> 
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
Special News Editions:
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
PIA Archive News Reader

PIA Press Release

Commentary: Tough decisions, better economy

Iloilo City (8 October) -- President Gloria Arroyo made difficult decisions with her fiscal reforms and was criticized for these, but one thing is sure her administration made permanent changes in the economy. In an unprecedented manner, she was able to bring down the rate of poverty in the country. With the Philippines now on the path to permanent economic growth and stability, President Arroyo sets poverty alleviation as her primary goal for the next three years, till 2010.

She told the Philippine media delegation covering her visits to China and India last week that increased government earnings either through effective collection of taxes or sale of government assets is necessary elements of poverty alleviation. With the increased revenues the government's next step is to invest more in human resources and physical infrastructures to create job and upgrade the country's competitiveness.

Her administration's efforts in delivering social services in the form of availability of cheap medicines, improved health care and anti-hunger campaign are gaining momentum, as local governments have realized that hunger is a local concern that must be addressed with hunger mitigation action plans.

President Arroyo added that the government's food-for-schools and classroom provision programs are top among her agenda to increase access to education, especially by the poor, as education is one of the most important weapons against poverty.

The President also said a main concern to boost poverty alleviation is to cut down on red tape and eradicate corruption in government projects so that both the big and small businesses could create wealth and jobs with least expenses.

With all these the President said credit is not part of her formula of performance, and she would not mind if her successor does not give credit for all the good things she had done to bring the Philippines to a path of permanent growth.

For now at least, the President continues to do her work and she is bent on pursuing her anti-poverty goals, even if she has to make more tough decisions, which strong leaders are noted for. (PIA 6) [top]

  prev  next  »|
»Commentary: Tough decisions, better economy
»PNP commits support to DA vs brontispa
»Yap OKs agri-fishery microfinance program
»DA promotes nutraceuticals, cosmecueticals as beauty aid
»Attendance in Sarangani public schools rise with free rice
»Korean language center now in Gensan
»Eco-Youth Camp set in Escalante City
»"Bright Child" training for PIOs held in Dipolog
»Sorsogon observes Consumers' Month
»Big market seen for paper charcoal
  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines