The Gloria Macapagal Arroyo Experience in Review
A good job can be summed up by results. Gloria Managed to have a throng of haters who did not dare think facts straight from her performance as a leader in this declining world economy. I would be as straight up as I can be in facts that I believe to be true. Let us start with her Vision, Philippines as a First World Country in 2020. How did she do it? Prior to office cleaning up Erap’s Sham that lead to the lowest growth rate after the Marcos regime, GMA was able to put the Philippines in recovery mode with a 6.1% economic growth. In the year 2005, her administration managed to post an appreciation rate of 6%, THE FASTEST IN THE ASIAN REGION FOR THE YEAR. Despite challenges of Natural Disasters and unprecedented events that lead to red marks in the world financial market eye (they were too many to mention) G M A’s term posted an economic growth rate of 5.4% in 2006, 2007 GDP grew 7.3% Managed to buffer our economy posting a 3.8 percent slowdown when other countries posted negative giv...