Wednesday, Sep 17, 2014Wednesday, Sep 17, 2014
Asia
 

Philippine president Aquino touts achievements, pans critics in key speech

Published on Jul 28, 2014 7:22 PM
 
Philippine President Benigno Aquino delivers his fifth State of the Nation Address (SONA) during the joint session of the 16th Congress at the House of Representatives of the Philippines in Quezon city, metro Manila on Monday, July 28, 2014. Philippine President Benigno Aquino sought on Monday to revive a presidency beset by the worst political crisis he has had to face since his election in 2010 by dredging his achievements and vilifying his administration's critics as obstructionists and profiteers. -- PHOTO: REUTERS

MANILA - Philippine President Benigno Aquino sought on Monday to revive a presidency beset by the worst political crisis he has had to face since his election in 2010 by dredging his achievements and vilifying his administration's critics as obstructionists and profiteers.

In his "State of the Nation Address", Mr Aquino enumerated statistics that he said show gains from reforms he set in motion have trickled down to a large section of the population. He also said that investors are now pouring money into the Philippines after the world's top three ratings firms gave the country investment-grade ratings, as its economy grew at an average 7 per cent over the past years.

Mr Aquino delivered his address as he grapples with a massive corruption scandal that has tainted his image as an anti-graft crusader and undermined his ability to deliver on reforms to sustain growth.

"The problems we have inherited, we have solved. The ones that are here, we are sloving. The ones that are to come, we are preparing for that," Mr Aquino said.

 
If you are not a subscriber, you can get instant, unlimited access here

Videos