In the early days of the Aquino administration, Senator Joker Arroyo voiced out his tirades against the administration for running the country like a "student government".
Joker, look what the "student government" has done !
Amid global fears of a double-dip recession, the Philippines represents a countercyclical story of growth and resilience. It is expected to expand by 5.5-6 percent this year. The currency has been relatively strong, while the stock market has been among the most bullish in Asia. The first quarter was most encouraging: the economy grew above 6 percent, while exports expanded by 7.7 percent. The country is also enjoying an 'era of moderation': interest rates are at around 4 percent, inflation is barely above 3 percent, and the debt-to-GDP ratio is at a historic low -- allowing considerable space for borrowing and monetary easing.
This sound economic environment explains why even "Dr. Doom" Nouriel Roubini has identified the Philippines as among the most resilient of key Asian economies in terms of responding to a major global shock. According to the Roubini Global Economics report, the country has considerable monetary-fiscal wiggle room to respond to growing volatility in the center-economies (i.e., euro zone, U.S., Japan, and China) and geopolitical uncertainties in the Persian Gulf. From Huff Post
Finance minister of the year 2012
Cesar Purisima, the finance minister of the Philippines, has been named as Euromoney's Finance Minister of the Year for 2012.
Filipino Albert del Rosario a lone Asean voice taking on China
Placing consensus above all, it is fair to say that Asean leaders are generally not known for their displays of emotion or passion.
Yet, in a crucial closed-door meeting in July, Philippine Foreign Secretary Albert del Rosario tried to tap those dormant qualities as he tried to rally his peers to stand up to China over the South China Sea.
Rarely has the Association of Southeast Asian Nations heard such language within its staterooms. "It was classic del Rosario," said one Asean envoy. "He's not afraid to appeal to our better selves … and he's not afraid to stand up and be counted when it comes to the South China Sea." From South China Morning Post
—Ramon R. Jimenez Jr.
Ramon Jinmenez
He took over the helm of the Tourism Department from Alberto Lim who resigned on August 12, 2011. According to a report in Business Week Mindanao, as head of the tourism department after September 2011, an initial challenge for Jimenez was to come up with a catchy tagline to promote travel visits to the Philippines to compete with tourism campaigns for nations such as Brazil and India and Singapore.[8] Jimenez was quoted in the journal Manila Bulletin Publishing Corporation about his sense of advertising:
The Philippines is its people. And its people are the Philippines.
—Ramon R. Jimenez Jr. From Wikipedia
Secretary Edwin Lacierda is the Presidential Spokesperson of Philippine President Benigno S. Aquino III, and an incumbent member of the Philippine Cabinet.[1] Prior to this, he was the spokesperson for the presidential campaign of then Senator Aquino from November 2009 up to the elections in May 2010.
