PAPUNTA SA DAANG MATUWID

PHILSTAR: "Furthermore, government efforts to improve its balance sheet, which began during the Arroyo administration, have started to pay off, Fitch said. It cited, among others, lower foreign liabilities and longer debt payment terms. "Improvements in fiscal management begun under President Arroyo have made general government debt dynamics more resilient to shocks," it explained." -- OF COURSE YELLOW MEDIA WILL NOT HIGHLIGHTS THIS PART OF FITCH'S REPORT. THEY WILL ALWAYS MISLEAD THE PUBLIC THAT THE CREDIT IS ALL PNOY'S! and THEY WERE ONES who OPPOSED THE VAT LEGISLATION that KEPT OUR ECONOMY AFLOAT ALL  THESE YEARS!!!---