..the Aquinomics

Business sector sees better economic growth with P-Noy
 
philstar.com
July 26, 2011

MANILA, Philippines - Businessman and corporate lawyer Miguel Varela expressed confidence in the Aquino administration as he cited the government’s economic reform measures which he said could result to a faster movement in the country’s economy.

“I am positive na gagalaw kasi ang mamamayan may confidence sa kanya. Malaki ang confidence at alam nila transparent na tao, malinis na leader, so naturally pagbibigyan mo at susunod ka… tutulong ka rin…,” Varela said in an interview before President Benigno Aquino III delivered his second State of the Nation Address yesterday.

“I think now the various agencies of government are prepared to move on, they have identified their budgets…they know what to do. This year we expect them to move faster, so I think the President will set the parameters especially with the economic development,” he added.

The business leader also expressed satisfaction for the leadership and management style of the Chief executive as he noted the sincerity of the Aquino administration with its social contract with the Filipino people.

He added that the business sector is expecting more foreigners to come in and invest in the country as an effect of the confidence of the people and the parameters being put in place by the Aquino administration.

Varela also urged the government to push for more legislative measures that will expedite the country’s economic development and progress.

“We hope that this year will be a faster year as far as the movement of the economy is concerned… there should be more legislation that will move the economy farther,” Varela said.

Varela has been the president and chairman of the Philippine Chamber of Commerce and Industry, the largest business organization in the country.

He also served as president of the Employers Confederation of the Philippines, the largest association of employers in the Philippines.