Press Release
May 6, 2012

MIDTERM ELECTIONS CRUCIAL TO COUNTRY'S
CONTINUED ECONOMIC GROWTH - KIKO

Senator Francis "Kiko" Pangilinan today urges voters to do their research this early in order for them to choose wisely in the 2013 midterm elections.

"President Aquino has made tremendous headway in the fight against corruption, and has had to make hard decisions in doing so. We are just now starting to feel the positive repercussions of these efforts," says Pangilinan. "We now have the world's attention as the emerging economic powerhouse. It has taken us two years to get to this point, and there's still a lot to do."

"As such, we will need to choose well and vote wisely if we are to fulfill our goal of becoming a prosperous nation."

The Aquino administration's anti-corruption efforts, among other economic gains, has brought for the Philippines good ratings from various credit agencies such as Moody's, and has drawn praises from international business communities because of its drastic turnaround.

"Some are even baffled by our country's growth spurt, but this serves as testament to what good and responsible governance can do to a nation," Pangilinan points out.

The lawmaker earlier called on his partymates in the ruling Liberal Party to include in its slate progressive leaders that could continue the government's efforts in driving the country's economy forward.

"It has taken us this long to finally see some progress, and we will need to continue driving this momentum. It will not be easy and some hard and out-of-the box decisions will have to be made."

"For genuine change to happen, continuity and consistency in policy reforms on corruption and poverty alleviation is key. We need at least a decade and a half of such continuity and consistency if we are to truly reach developed nation status in the year 2030 or less than 20 years from now."

"No nation in the world has moved from developing nation status to developed nation status without consistency in policy for at least a decade and a half. South Korea, Malaysia, Taiwan, Singapore, Thailand are examples of economies that were transformed because of at least 15 to 20 years of consistency and relentlessness in implementing a set of national policies for reform and development," Pangilinan points out.

"Thus, the LP, together with other like-minded political parties, groups, and individuals must be able to consolidate the gains of the May 2010 elections and forge ahead. The Aquino administration must in the 2013 elections ensure that the constituency for reforms and good governance is mobilized once again to ensure critical support in following through on its reform efforts. This must naturally reflect itself in the alliances it intends to build and the candidates it chooses to field."

Pangilinan ends, "The public, in turn, must be willing to dare and vote differently--the way we did in 2010. Change has already begun, and if we continue the reforms started by this administration, we are sure to see more transparency, good governance, and economic progress that will have a direct impact on our quality of life."

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