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Written by Bobby Reyes   
Tuesday, 23 June 2009 19:39
As sent to the MabuhayRadio.com by the Philippine Consulate General of Los Angeles: President Gloria Macapagal Arroyo’s Speech During a Stopover Visit and Breakfast Meeting with the Filipino Community in Los Angeles, California, U.S.A. Los Angeles International Airport Los Angeles, California , U.S.A. June 20, 2009 Economy "The slowdown even if it’s not a recession, a slowdown tends to be on the back of the poor although every citizen is affected -- middle-class, poor and rich alike. So, we have an economic resiliency plan and it has been designed to provide short-term relief to our most affected citizens while investing in the long-term prosperity of our nation." "So, therefore, there is still work to be done on the economy this year and next year. And we will remain vigilant to keep the recession from our shores." Foreign Relations "In this time of need, because we are still in time of need, we should continue to make tough choices that benefit the nation. As I said earlier, the government for its part must live within its means as a normal Filipino family does. But having said that, it is also essential to understand that one key to having kept our economy strong at home, has been a strong engagement with other countries abroad." Governance "Friend and foe alike must all join hands to see our nation through these times. It is important -- and I saw some young Filipino-Americans here -- it is important that our next generation will have hope and opportunity and not be mired perennially, permanently in economic paralysis." OFWs "Through aggressive engagement, we’ve championed our OFWs. We have brought in new foreign investment. We have kept the Philippines top of mind with world leaders. And now more than ever, you our Overseas Filipinos, are keeping our nation resilient in times of global challenge. Thanks to your unswerving dedication, you our far-flung heroes have been a major contributor to our nation’s economic resilience." # # #
 

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