Fred M. Lobo
CITING improved business climate, Pres. GMA has asked international financial market executives and businessmen to come to the Philippines.
Translation: Invest in RP, invest in me!
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RP’s credit rating is "stable," the President declared before the 45th ACI Financial Markets Association World Congress at the Manila Hotel.
Yes. It’s politics that is not.
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"We have created 5 million jobs in five years; inflation is easing; exports are up at 26 percent growth last Mach; and our budget surplus in April was the highest in nine years," PGMA has reported.
Sounds like good vital statistics. People hope there’s something in it.
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"I (am) bullish on our prospects as a nation," concluded PGMA.
Good, Madam President. And how come the opposition is silent?
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Opposition sources have indicated, however, they are preparing to contradict the President’s impressive report and rosy outlook?
Okay, it will be "noted."
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Revenue-generating agencies have been placed under stringent review to weed out inefficiency and tax leakage, according to Press Sec. Bunye.
Collect more, we need more.
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Meanwhile, the Charter Change Advocacy Commission has asked the Makati Business Club to look into the need for Charter change to push economic and political reforms.
Engine still cold. Rev it up and travel fast.
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But local executives under ULAP has cautioned against rushing the setting up of an interim Parliament in August, as floated.
Nothing half-cooked. And no clouds of suspicion, please.
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Meanwhile, some 600 municipalities have been promised help in getting from Malacañang their Internal Revenue Allotment (IRA) for developmental programs by DILG Sec. Ronaldo Puno.
LGUs should say "Thank you!" but note the Latin caveat: I give that you do.
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The Agriculture Credit Policy Council has vowed that some R200 million in loans will soon be made available to farmers and fisher folk for their agricultural ventures.
Okay, but no fishy ventures nor monkey business, please.
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