Saturday, 19 September 2009

Video: President Arroyo at the Economist's "Emerging Markets Summit"

London, United Kingdom
September 18, 2009

The nations of Asia are doing well and their prospect for growth is strong despite the overall global economic crisis. This is what President Gloria Macapagal Arroyo stressed as she keynoted the Emerging Markets Summit held at Park Plaza Riverbank Hotel in London. According to her, the region is addressing the challenges of the economic crisis cooperatively and with confidence that it will recover faster.

As one of the leaders in Asia, the President believes that the best opportunities for the medium-term are found in the region because of the stability of its financial system and its commitment to policy reforms.

President Arroyo also said, the Philippines has demonstrated the strength and resiliency of emerging market economies at the time of economic downturn. This is one of the reasons why the country was tagged as one of the top ten key emerging markets by the UK Trade and Investment and the Economist Intelligence Unit. Thus, she encouraged the emerging market investors to invest in the country.

1 of 2

2 of 2

No comments:

Post a Comment