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Jun 01st
Home Community RP Government Updates Press Statements from the Philippine International Media Office
Press Statements from the Philippine International Media Office PDF Print E-mail
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Communities - RP Government Updates
Sunday, 18 November 2007 20:10
LOS ANGELES           
Press Statements from the Philippine International Media Office

Re Impeachment:

"With this matter settled, we should move on and focus on issues that matter to our future. Too much preoccupation with politics does not promote stability, continuity, security and order that we need to move Team Philippines forward."

Policy Statements from President Gloria Macapagal-Arroyo's Speech during the Presentation of the Awardees of the Microentrepreneurs of the Year Awards Heroes Hall, Malacanang, 14 November, 2007

"The current benign, stable growth conditions are likely to spark a wave of entrepreneurial activity in the Philippines. "
"We want the benign, stable growth conditions to continue. "
"We will make this an era of peace, re-assurance, stability and prosperity. "


Social Services


"Itong micro-finance na People Credit and Finance Corporation ay nagsimula noong 2001. Mula noon, itong buong sistema ay nakapagpahiram na ng higit sa 80 billion pesos sa nakaraang anim na taon sa mga low at middle income na lalaki at babae na gusting magsimula ng kanilang mga negosyo. "

"This more than 80 billion pesos that the whole micro-finance system - government and nongovernment - has lent has generated 1.82 new jobs in the last six years. "

"Kung hindi naman lumalakas ang piso, tataas masyado ang presyo ng bilihin dahil mataas ang presyo ng langis ngayon sa buong mundo. Mayroong mga disadvantages yung mga dollar earners gaya ng OFW kaya dapat na nadadagdagan yung kanilang pinapadala sa pamamagitan ng nagiging puhunan at hindi lamang for consumption. The Central Bank has that program of transforming remittances into investment for capital enterprises. "

"In this small and medium enterprise system, more than P100 billion has been released to SME accounts under the Sulong Program which was started in 2004. It has supported 1.71 million jobs of which half-a-million are new jobs. "

"Kayong mga micro-entrepreneurs at yung mga nagpapahiram at tumutulong ng technical assistance gaya ng Citibank ay isang dahilan kung bakit bumaba ang self-rated poverty. Pinakamababa ita sa ating administrasyon kung ihahambing sa ibang administrasyon. "


"The rule of law must prevail. No person is above the law. Justice must be served and the law upheld. "

Full text of Speech available at: asp?iid=1141&iyear=2007&imonth=11

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Last Updated on Thursday, 22 November 2007 09:17

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