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...

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