It was five years ago when Pnoy was elected as President of the Republic of the Philippines. He only has one year left and he perceives the current notable growth of our economy. He pointed that the Philippines has never been this stable for the past 40 years and presidential candidates debating on the tough economy and the legacy of transparency that he will leave behind.
Aquino was optimistic with his revelation after a meeting with his economic managers, it turned out that his government stood out with the “highest rate of growth for the past 40 years” when viewed from among all the administrations, which had an average of 6.3 percent GDP annual growth rate.
Recently in Bombo Radyo Philippines, Aquino said in Filipino that “the current economic growth is the highest for the past 40 years. Now, if we are able to hit 7 to 8 percent growth this year, we will even beat the record for the past 60 years. So, it is (during my time that we experience) a boom.”
The President’s last State of the Nation Address (SONA) will be on July 27, and it seems that he couldn’t help but be excited about it, considering his most important achievement in his remaining year in office.
This booming economy is not a new thing for the President. He already cited it last year. The increase number of Filipinos who are now able to buy cars is a testament to it, thus the need to construct or improve roads has become a necessity.
The improvement of public transport systems, like the Metro Rail Transit (MRT), has been an epic failure during the term of the former President and now Rep. Gloria Macapagal-Arroyo. Aquino also cited his aim to generate a well-organized public transportation.
Aquino said that Filipinos shall see the economic progress the country has achieved unless we turn a blind eye on progress.
“And this, to my mind, is the center of the issue. Who will be more trustworthy to carry on the legacy that I will leave behind,” he added during the radio interview.
When it comes to ruling administration Liberal Party (LP), the President is also positive that it will be stronger since the outcome of the reforms in the entire bureaucracy has started.
“The LP – we have many coalition partners – will gain more members because those who will come after me have fewer problems to inherit,” Aquino said in a chance interview last April in Bacolod City.