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Samstag, 23.11.2024
Transforming Government since 2001
Claiming the competitive list released by the International Institute for Management Development (IMD) must have been based on old data, Malacañang pointed out today that the country's competitiveness is evident in its strong macroeconomic indicators "that have caught the attention of the world."

Press Secretary and Presidential Spokesperson Ignacio R. Bunye said in a statement that despite the Philippines' lowly position in the list, the country nevertheless is making headway as far as the various facets of competitiveness is concerned.

"Whether this be in the area of good governance, a liberal and consistent investment policy and fiscal discipline, the Philippine economy is on a winning streak driven by tough Presidential decisions," he stressed.

Bunye was refuting the 2006 rankings compiled by the IMD, which places the country as the 13th least competitive among 61 economies worldwide.

The survey, announced by IMD partner institution in the country, the Asian Institute of Management, ranked the country last or 61st in terms of basic infrastructure, 58th in terms of scientific infrastructure, 57th in education, 53rd in health environment, and 37th in technological infrastructure.

Bunye said the payback to the people is starting to flow down in terms of more jobs, infrastructure and basic social services.

"We have an expanding e-government platform that is curing graft and enabling greater efficiency and social impact for every peso spent," he explained.

Bunye admitted to certain areas that need improvement in governance and the economy, but said the Cabinet is working on these 24 hours a day, seven days a week.

Quelle/Source: Sun.Star, 14.05.2006

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