BSP's Tetangco on the Philippine economy

In the speech 'A tipping point and a rising tide is lifting up the Philippine economy' given on 20 February Amando M Tetangco of the Central Bank of the Philippines said economic and fiscal achievements in 2006 have created a positive momentum for the country.

"A consistent implementation of reform measures by the Government, particularly in the area of revenue generation and debt and expenditure management, coupled with a stable monetary environment and healthy banking sector, will support the

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