Arroyo Says RP Is Now Stable

PRESIDENT GLORIA ARROYO

We are now encountering an integrated cycle of political stability, economic growth and social reform.

The return of the NAPOCOR National Power Corporation)to profitability signals an economy that has turned the corner and is poised for takeoff.

The projected increase in US assistance to the Philippines is a mark of confidence that our reforms are taking root in the midst of gaining confidence and hope.

As investment flows rev up, we can clear more hurdles along the road and open broader opportunities for business and jobs. There is a continuing wave of world competition that we must constantly and ceaselessly prepare for.

It is unfortunate that there are those in the political arena who are still following the old track of search and destroy when the whole nation is already jumping into the new track of unify and build.

The Philippines is on a roll and there is no force that can stand in the way of growing enterprise and reform, with Charter change as the clincher of the big prize of the future.