May 29, 2011 admin No Comments
AN OPPOSITION lawmaker on Friday blamed the Aquino administration for the decline in the business optimism index, which dropped to 31.8 percent in the second quarter from 47.5 percent in the first quarter.
“This shows the very slow response of the Aquino administration to issues like oil crisis, which spiked prices, under-spending which caused economic slowdown, and unemployment which also brought down investor confidence in the country,” Zambales Representative Mitos Magsaysay told reporters in a text message. Read rest of story
