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PIA Press Release
2006/11/14

Statement of Secretary Ignacio R. Bunye: We will beat the odds

Manila (14 November) -- The predictions on the world economy can go up and down, but we believe that the Philippines can beat the odds and keep the momentum we have already gained.

Increasing political and economic stability, the steady growth of trade and investment, aggressive and balanced diplomatic offensives and our niche of excellence in the world-all these factors will continue to come together to keep confidence and growth up amidst any bearish trends.

We have a resilient and diverse economy. The momentum forward and up, created by the President's economic reforms, is strong and cannot easily be reversed. (OPS) [top]

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