The Arroyo Interview

TIME: Have you accomplished what you set out to do?

Arroyo: I inherited a complex nation with complex problems, both domestically and internationally. And I came in realizing that there is no silver bullet. It's not a sprint: it's a marathon. Nonetheless, a lot of things have been done. We are strengthening our revenue institutions. We are working on macro-economic fundamentals. Our interest rates are at their lowest in a generation. Our peso is stable. And we have been doing very important reform legislation that's been waiting for decades. For instance, the power sector reform law, the money...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!