Palace acknowledges investors' support
MANILA (28 June 2005) -- Malacañang has acknowledged the sustained support of the business sector despite political turbulence that had stricken the administration of President Gloria Macapagal-Arroyo.
Press Secretary and Presidential Spokesman Ignacio Bunye made the acknowledgment after World Bank president Paul Wolfowitz announced his support for the Arroyo Government.
Bunye said the country is poised with vigorous moves to improve the fiscal condition, and grow investments and jobs as President Arroyo expressed determination to work harder to win the trust of the people and get the nation back on track.
The Palace official pointed out that the struggle for permanent political and economic stability is far from over but the initiative and momentum of the country's economic gains must be kept. (PIA-MMIO)
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