Optimism high in PHL in wake of devts in economy, Mindanao peace process PDF Print E-mail
Sunday, 02 February 2014 14:38

The recent developments in the economy, the continuing efforts to rebuild the typhoon-devastated areas in the Visayas and the successful peace process in Mindanao are indications of even greater achievements for the country, a Palace official said in a statement.

In a statement, Deputy presidential spokesperson Abigail Valte said the entire country welcomes the good news about the economy growing by 6.5 percent in the fourth quarter of 2013, which puts economic growth for the entire 2013 at 7.2 percent.

This makes Filipinos to be optimistic as the country continues on an upward trajectory even with the devastation caused by Typhoon Yolanda affecting the first quarter growth this year.

Also the visit of the Right Honorable William Hague MP, Secretary of State for Foreign and Commonwealth Affairs of the United Kingdom, strengthens the country’s confidence as it strives for a better economic growth this year.

In a meeting with the President, the Vice President, as well as the Foreign Affairs Secretary, Secretary Hague renewed his government’s commitment in the reconstruction program for Yolanda-affected communities.

The UK is one of the countries that extended the most assistance to the Philippines in the wake of Typhoon Yolanda.

Secretary Hague also met with prominent members of the business community to discuss how to further expand partnerships between the Philippines and British companies.

“These events represent even more cause for optimism—even greater strides—as we tread the path towards inclusiveness and prosperity,” Valte said in the statement.

The Palace official also said that with the completion of the final Annex on Normalization and the Addendum on Bangsamoro Waters, attaining long-term peace in Mindanao is now at hand.

Quoting the President in a speech this week, Valte said “’outstanding’ does not refer only to personal excellence. It refers to excellence that harnesses the energies of the vast majority; excellence that recognizes its duty to fellowmen and country; excellence that does everything in its power to leave to future generations a society that is inclusive, prosperous, and teeming with opportunity.”