Tuesday, January 29, 2013

ABS-CBN: NSCB - the results are different when comparing the performance of the economy under the three presidents that completed their terms of office, Cory Aquino, Ramos and Arroyo. "The domestic economy of Cory and GMA both accelerated in their second year with 4.3 percent from 3.4 percent and 3.6 percent from 2.9 percent, respectively," Albert said. However, the results are different when comparing the performance of the economy under the 3 presidents that completed their terms of office, Cory Aquino, Ramos and Arroyo. "We should observe that the domestic economy performed BEST during the time of President GMA. The GDP average annualized growth rate (AAGR) hit 4.1 percent mainly driven by the services sector. The highest GDP annual growth rate was recorded in 2004 with 6.7 percent while the lowest was posted in 2009 with 1.1 percent," Albert said.

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