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When 1 thinks about it, it is quite sad. If 10 years ago my predecessor had done what
were doing now, I can only imagine where the Philippines would be, Aquino tell
deligates at the Asia-Pacific Economic Cooperation CEO Sumit.
In his speech Aquino pointed to his administrations efforts to fought corruption,
including the hospital arrest of Mrs. Arroyo and 3 opposition senators on plunder
charges and the ouster by impeachment of former Chief Justice Renato Corona.
We flugged leaks throughout the bureaucracy, and we did not shy away from
confronting the most complex and crippling problem of our nation, namely, coruption,
Aquino said
Over the last 5 years, we crack down on all those proven to have engage in
wrongdoing. Now, a former President is under hospital arrest after being charged with
plunder. The former chief justice who had no compunctions about being selective about
implementing the law was removed through impeachment, after it was revealed that he
violated our laws by failing to declared over 98 percent of his assets as mandated by
our constitution.
SPEAKING to world business leaders at the Apec CEO Summit Monday, President
Benigno Aquino II again blamed detained former President Gloria Macapal Arroyo for
the poverty that prevails in the Philippine, referring to her term as the lost decade.
Aquino also played up the 1989 People Power revolt that toppled the regime of
President Ferdinan Marcos and installed his mother, Corazon Aquino, in his place.
In 1986, millions of our people gathered in Edsaour capital citys most prominent
avenueand other cities throughout the nation to overthrew a dictator, who had for two
long subjected our country to his tyranny and oppression. People armed only with
rosaries good intentions and belief in their countrymen stood up to tanks artillery and
planes. This was the miracle of Edsa, which made possible that which was impossible,
and returned democracy through People Power. After 14 years of Martial Law, our
people were successful in lifting my mother into the presidency to led the rebuilding of
our nation said Aquino.
Aquino also recalled the words of his father while their family was in exile during the
Martial Law years.
I will never forget one particular instance, when my family was in exile in Boston, and I
asked my father: If we are in the right, why are we the ones in exile? He responded
with a question of his own: How can those who cannot even eat, think of concepts such
as freedom and dignity? The first freedom is the freedom from hunger. That is the first
that has to be won, said Aquino.
Aquino told the business leaders he shared his fathers words because the focus of the
meetings in days to comeApecs Inclusive Growth Imperativewas deeply personal
to him.
We will have important conversations about how we can free our people from the
oppression of poverty, and how to empowered them to take part in sustainable
economic growth. Today perhaps I can tell you about the Philippine story: what we have
done to achieved large-scale transformation, he said.

Aquino recalled in a meeting with his Cabinet in which they discussed why the poverty
rate hardly moved over the last 10 yearsor what he sometimes refers to as the lost
decade.
He said the numbers were alarming. Income growth was low, and inequality was at
incredibly high levels, in terms of access to employment and social development
opportunities, particularly in health education and social protection. All this, despite
relatively consistent economic growth.
We resolved that this sort of trickle down economics was not the way forward, and that
the only real growth is that which is felt by the many. Thus, inclusive growth became the
north star of our national policygrowth that truly help each and every Filipino lift
themselves up from poverty, and play a meaningful role in continuing our countrys
growth story, he said.
The Presidents claims about reducing poverty come amid a recent survey by the Social
Wether Stations that the incidence of hunger had worsened to 15.7 percent of the
population, with 3.5 million families experiencing hunger at least once in the last three
months
To made the most of scarce resources,
the government turned to
bottom-up budgeting, Aquino said.
We reached out to communities, believing that they, more than anyone else, know their
own needs. We took advantage of technology to implemented mechanisms to aid in
transparency and accountability, through websites.... These gave our citizens greater
power to monitor our budget, and also to report individuals suspected of wrongdoing he
said.
Aquino said his administration had
also increased the budget for infrastructure, from
1.83 percent of gross domestic product in 2010 to 4.1 percent of GDP this year, with a
target of 5 percent by 2016.
Indeed our entire growth strategy hinges on the idea of empowerment. Empowered
citizens, after all, are empowered consumers, whose income will go to the goods and
services produced by companies. The end result: Instead of having many big fish in a
very small pond, we are moving our economic ecosystem into a bigger pond, where
everybody can grow and reach their full potential Aquino said
In an earlier interview with the Apec secretariat, Aquino said global climate change were
at the top of her agenda during the Apec summit
Were trying to got away from the cycle of a destruction brought about by typhoons and
reconstruction that doesnt change anything. We get visited by 20 typhoons a year.
So, [we need to] stop the pattern of destruction-reconstruction, destruction again,
reconstruction again. Lets build back the communities bitter she said.
In an earlier interview with the Apec secretariat, Aquino said global climate change were
at the top of her agenda during the Apec summit
Were trying to got away from the cycle of a destruction brought about by typhoons and
reconstruction that doesnt change anything. We get visited by 20 typhoons a year.
So, [we need to] stop the pattern of destruction-reconstruction, destruction again,
reconstruction again. Lets build back the communities bitter she said.