110TH INDEPENDENCE DAY MESSAGE
Honorable WILLY C. GAA
Ambassador Extraordinary and
Plenipotentiary
PHILIPPINE EMBASSY NEWS RELEASE
11/JUN/08
Our celebration of the 110th anniversary of the birth of our
country as a sovereign nation comes at time of great promise
and challenge.
Our economy is surging forward, expanding at 7.3 per cent
last year, the highest in 21 years, with the services sector at
the forefront.
Our currency remains strong. Foreign investments continue to come in. The property sector is
on the upswing. Combined with the increased remittance of overseas Filipinos, especially from
those in the United States, these investments have created 7 million jobs in 7 years.
Our economic turnaround has also partly insulated it from the runaway prices of energy, oil and
gasoline. But as external factors continue to downslide, the challenge for us is maintain our
economic growth momentum and to vigilantly use it as a strong shield in warding off the
adverse effects of external economic slowdown.
We opened a new frontier in our long and enduring relationship with the United States last
March when the Millennium Challenge Corporation granted the Philippines the Compact
Eligibility Status. This emphasizes the confidence of the United States in our country and in the
ability of our people and our leaders to fight poverty and create sustainable growth.
As we move forward as a nation, there will be differences in opinions and concerns. But as
deeply in our deeply rooted democratic tradition, we will continue to debate our differences
peacefully and with respect.
We will, however, remain united in the pursuit of greater good for our people. I am confident
that, together, we can do even more.
The theme for this year¢s Philippine Independence Day celebrations of "Republic Service, Tungo
sa Ganap na Kalayaan at Kaunlaran" is a call to action to do more for our people. Working hand
and hand, we can meet the challenge of bringing our nation to achieve more progress and
development.
Mabuhay ang Kalayaan!
Mabuhay ang Pilipinas!
Honorable WILLY C. GAA
Ambassador Extraordinary and
Plenipotentiary
PHILIPPINE EMBASSY NEWS RELEASE
11/JUN/08
Our celebration of the 110th anniversary of the birth of our
country as a sovereign nation comes at time of great promise
and challenge.
Our economy is surging forward, expanding at 7.3 per cent
last year, the highest in 21 years, with the services sector at
the forefront.
Our currency remains strong. Foreign investments continue to come in. The property sector is
on the upswing. Combined with the increased remittance of overseas Filipinos, especially from
those in the United States, these investments have created 7 million jobs in 7 years.
Our economic turnaround has also partly insulated it from the runaway prices of energy, oil and
gasoline. But as external factors continue to downslide, the challenge for us is maintain our
economic growth momentum and to vigilantly use it as a strong shield in warding off the
adverse effects of external economic slowdown.
We opened a new frontier in our long and enduring relationship with the United States last
March when the Millennium Challenge Corporation granted the Philippines the Compact
Eligibility Status. This emphasizes the confidence of the United States in our country and in the
ability of our people and our leaders to fight poverty and create sustainable growth.
As we move forward as a nation, there will be differences in opinions and concerns. But as
deeply in our deeply rooted democratic tradition, we will continue to debate our differences
peacefully and with respect.
We will, however, remain united in the pursuit of greater good for our people. I am confident
that, together, we can do even more.
The theme for this year¢s Philippine Independence Day celebrations of "Republic Service, Tungo
sa Ganap na Kalayaan at Kaunlaran" is a call to action to do more for our people. Working hand
and hand, we can meet the challenge of bringing our nation to achieve more progress and
development.
Mabuhay ang Kalayaan!
Mabuhay ang Pilipinas!
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