• STATEMENT BY SECRETARY FLORENCIO B. ABAD ON THE PHILIPPINES’ PERFORMANCE IN THE GLOBAL COMPETITIVENESS INDEX 2012-2013

    Posted on September 6, 2012 by in News

    “Since the Administration assumed office, the Philippines has leaped by 20 places to 65th of 144 countries in this year’s Global Competitiveness Index (GCI), from 85th in the 2010-2011 GCI. The recently-released report cited the Philippines as among the countries which have been showing the most improvement, particularly in the quality of institutions (23 places up to 94th from last year) and the macroeconomic environment (18 places up to 36th from last year).

    “President Aquino said in his State of the Nation Address: ‘what used to be impossible is now possible.’ In partnership with the private sector, civil society and other stakeholders, the government will up the ante in reform: to make public institutions resilient to corruption and effective enablers of our country’s competitiveness.

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