Philippine President Prioritizes Fiscal and Economic Reforms in 2005

Strategic Insights -

Philippine President Gloria Macapagal Arroyo is set to continue her focus on fiscal and economic reforms, as well as employment generation, in 2005. According to Press Secretary and Presidential Spokesman Ignacio Bunye, the President is committed to implementing changes to realize her agenda, fight corruption, and put the economy in order. This will result in more employment opportunities for Filipinos and further boost the economy by improving the tourism industry. Bunye emphasized that these efforts will not take advantage of the current calamity in several countries, but rather promote the Philippines' scenic spots as a key industry that generates job opportunities.

Key Takeaways:

  • President Gloria Macapagal Arroyo will prioritize fiscal and economic reforms, as well as employment generation, in 2005.
  • The President's agenda includes implementing changes to fight corruption and put the economy in order.
  • Ignacio Bunye, Press Secretary and Presidential Spokesman, emphasized that these efforts will result in more employment opportunities for Filipinos.
  • The government will continue to improve the tourism industry to create more jobs and boost the economy.
  • The Philippine President has confidence in the special sessions of Congress from January 5 to 7 to yield productive results.
  • Proclamation 752, signed by President Arroyo on December 29, calls for holding of the three-day special sessions to deliberate on priority legislative proposals.
  • A Social Weather Stations survey found that 81% of people agree that 2005 will be a better year.

Statistics:

  • 2005: The year President Gloria Macapagal Arroyo has deemed as the year for urgent changes in the Philippines.
  • 81%: The percentage of people who agree that 2005 will be a better year, according to a Social Weather Stations survey.
  • 2004: The year that creation of momentum for 2005 has been attributed, according to Press Secretary and Presidential Spokesman Ignacio Bunye.
  • December 26: The date of the tsunamis that ravaged several countries, including Thailand's Phuket Island.
  • January 5-7: The dates of the special sessions of Congress to deliberate on priority legislative proposals.

Sources:

  • (PNA)
  • Asia Pulse, January 3