INQUIRER: Palace BLAMES LGU's for PH rating side
- Malacanang blamed local government units for the 2-notch drop in the country's global ranking in the ease of doing business. but doubted this would deter investors. The "Doing Business 2013" report by the World Bank and its investment arm, the IFC in which the Philippines' rank slid from 136th to 138th, was referring to the difficulties of doing business in provincial, city and municipal governments, said presidential spokesman Edwin Lacierda.
- Malacanang blamed local government units for the 2-notch drop in the country's global ranking in the ease of doing business. but doubted this would deter investors. The "Doing Business 2013" report by the World Bank and its investment arm, the IFC in which the Philippines' rank slid from 136th to 138th, was referring to the difficulties of doing business in provincial, city and municipal governments, said presidential spokesman Edwin Lacierda.
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