BUSINESS  GIVES  GMA  ADMINISTRATION  PASSING  MARK, A 6 OUT OF 10

MANILA, October 1, 2004 (STAR) By Marianne V. Go - The business community is giving the Arroyo administration a passing grade of six out of 10 based on the 10-point scorecard system and performance-based approach adopted by the Philippine Chamber of Commerce and Industry (PCCI) during the 29th Philippine Business Conference last year.

According to PCCI vice president for small and medium enterprises, quality and productivity Raul Hernandez, the private sector is quite contented on some of the national policies being formulated and implemented, and actions being taken by the Arroyo administration.

However, Hernandez said, the business sector is still expecting to see more the laws translated into action and benefits for the Filipino people.

In this year’s 30th Philippine Business Conference and Exhibition, the PCCI is again preparing a number of resolution which will be different from the 10-point agenda of President Arroyo.

Instead, Hernandez said, the PCCI’s resolutions this year will be more like a roadmap of where the business sector wants government to lead the country.

For instance, Hernandez said, the PCCI sees the need to improve on procedural bureaucracies.

The PCCI, however, Hernandez said, is satisfied with the Arroyo Administrations handling of the peace and order, credit and financing and infrastructure.

Last year, the business community had cited good governance, peace and order and lack of infrastructure at the top of their list of concerns during the 29th Philippine Business Conference.

Aside from those three main concerns, the business sector also cited the need for the passage of key legislation regarding business development.

There was also concern about providing more credit and financing for the business sector, protecting the environment and nurturing the country’s human capital.

Lastly, the business sector also highlighted their concern about the country’s trade policies, industry and other cross-cutting issues such as population and food security.

Most of the concerns of the business sector are long-term and recurring such as the peace and order situation and lack of infrastructure.

At the end of the 29th PBC, they had given President Arroyo a higher rating of eight.

But while the PCCI officials gave President a high rating of eight for her speech then, they withheld rating her for her overall performance in the past two years.


Reported by: Sol Jose Vanzi

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