BSP official sees economy recovering

The chief investor relations officer of the Bangko Sentral ng Pilipinas, the Philippine central bank, said in an interview the economy is slowly regaining the growth momentum that was disrupted by the political crisis in the past two months.

Renato Pizarro said the government's investor relations office was now getting a more positive feedback from foreign investors, especially after President Gloria Macapagal-Arroyo promised in her State of the Nation Address to implement fiscal discipline and

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