Philippines: A Rising Star? — Article from the Inquirer
Don’t get me wrong.
I’m happy that the Philippines is doing great based on the article above; however, I’m a little bit too wary sometimes whenever there are good news around election time. I can’t help but note the following from the article: “Moody’s Analytics, meanwhile, highlighted the benefits of the anticorruption agenda of the Aquino administration.” I’m not against the administration or anyone; I’m just against people getting us high and then plunge us all back down.
I remember that the Peso was doing well during the elections in the past. Looking at historical data; however, the Dollar-Peso rate has never gone down. As far as I can remember as a kid, it was 1 Dollar – 25 Peso rate, but now, how much is it?
I honestly wish that the Philippines economy will be better in the future, and then none of us OFWs need to go out of the country just to be able to send some money home, and none of us back home will be struggling to live at meager income/high commodity cost.
Here’s one hoping for the article to be true. Here’s one hoping that in time, the Philippines will be able to rise amidst the problems in the country. Here’s one trying to do her own little ways to help.
- Moody’s: PH a rising star (business.inquirer.net)