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Palace points to Gloria for dismal Heritage rank Aytch S. de la Cruz 01/14/2011

Friday, January 14, 2011

Palace points to Gloria for dismal Heritage rank

Aytch S. de la Cruz 01/14/2011

As expected, the Palace yesterday blamed the past administration of former President Arroyo for the poor showing of the country in the Index of Economic Freedom that the conservative Washington-based think tank The Heritage Foundation (Heritage) released the other day placing the Philippines among countries with a “mostly unfree” economy.

Malacañang yesterday claimed the index jointly published by Heritage and The Wall Street Journal was the result of surveys conducted between the second half of 2009 and the first half of 2010 which were all under Arroyo’s watch.

The Philippines ranked at 115th spot among 179 nations included in the index that showed its economic freedom score this year slipped by 0.1 point from last year to 56.2. It scored lowest in the “Freedom from Corruption” category where it got a grade of 24 mainly as a result of perceptions that corruption in the country remains pervasive.

Presidential spokesman Edwin Lacierda argued that there was nothing in the report that can possibly be attributed to the current administration because the information that factored in the study was as of June 2010..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110114hed2.html

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