Discussants : Mr. Romeo L. Bernardo, President, Lazaro Bernardo Tiu and Associates Inc. Hon. Gil S. Beltran, Undersecretary, Department of Finance The Philippine national government experienced large and unsustainable budget deficits in the 1980s. After a brief period of near balanced budget in the mid-1990s, large budget deficits have reemerged in recent years. But unlike…
Discussants:Mr. Ramon G. Opulencia, Treasurer and Managing Director, Ayala CorporationDr. Francisco G. Dakila, Jr., Acting Director, Center for Monetary and Financial Policy, Bangko Sentral ng PilipinasThe peso appreciation is ravaging the prospects of our dollar-earning sectors. Jobs are being lost and investment and expansion plans are being shelved. Some firms are considering relocating to other…
Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala and University of the Philippines School of Economics Dean Ramon L. Clarete sign the Memorandum of Agreement launching the second phase of the Ayala Corporation-UP School of Economics Forum (AC-UPSE Economic Forum). Witnessing the event were UP President Alfredo E. Pascual, Economic Planning Secretary Arsenio…