Philippine growth fails to ease poverty, joblessness
At his State of the Nation Address to mark the opening of the 16th Congress, Philippine President Benigno Aquino III talked about the country’s stunning growth, the stable inflation rate and its attainment of investment-grade status from two credit ratings agencies. But analysts said Aquino, who’s now in the third year of his six-year term, is yet to fulfil his campaign promise of reducing poverty by fighting corruption
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