Luz Lorenzo Quotes
What the world seemed to miss is that the stock market didn't plunge, the peso didn't collapse and bond yields didn't shoot up. And people here in the Philippines didn't panic. 
Tweet
World | Stock | Market | Plunge | Peso |
comments powered by Disqus
What the world seemed to miss is that the stock market didn't plunge, the peso didn't collapse and bond yields didn't shoot up. And people here in the Philippines didn't panic.
- Luz Lorenzo
If the cut in spending is coming from wastage, that's good, but if it's a cutback in services because of belt tightening, it's not. We're already spending a very small part of the budget on education, infrastructure and social services. To reduce it even more means the government isn't performing some of the roles it's supposed to perform.
- Luz Lorenzo