SUMMARY
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President Benigno Aquino III flaunted his administration’s achievements in front of an audience of 500 business leaders, investors and policy makers at the Euromoney Investment Forum on Tuesday, March 24. Aquino mentioned the record net foreign direct investment (FDIs) of $6.2 billion in 2014, the average GDP growth rate of 6.3%, and the upgrade of the Philippines to investment grade in 2013 as among his chief accomplishments. The President added that the government will maximize every opportunity available, including increasing infrastructure spending in 2016 to 5% of GDP. He invited the business community to “bet on the Filipino people.”
Read the full story on Rappler.
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