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PGMA sees RP economic rebound by next year |
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By PNA - AFF
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Monday, 06 October 2008 |
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MANILA, Oct. 6 (PNA) -- President Gloria Macapagal-Arroyo expressed the hope Monday that the Philippine economy will achieve the economic rebound it is projecting by next year. In her message at the 10th Semiconductors and Electronics Industries of the Philippines, Inc. CEO (Chief Operating Officers) Forum held at the Heroes Hall in Malacanang, the President said with the country’s stronger macroeconomic fundamentals the local economy can even do better. “We have been working tirelessly as we did in 2001 to address challenges arising in the global economic front,” the President said, as she noted that the present economic turmoil has been made worse with the spike in oil and food prices. |
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Last Updated ( Monday, 06 October 2008 )
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