(Eagle News)—Speaker Gloria Arroyo on Saturday, Jan. 5, welcomed the slowdown in inflation rate in December last year.
In a statement, Arroyo said the “focus must now be on implementing things quickly and efficiently, in all fronts.”
“In general, to the extent that so-called domestic supply side factors are involved, the government’s agencies must act quickly on the implementation side, to get the plans and programs going on the ground and produce results our people will feel in their day to day lives,” she said.
She said this was ” consistent with some Cabinet members’ call for vigorous implementation of the government’s infrastructure program.”
“We must produce tangible results all around during the second half of the President’s term,” Arroyo said.
Inflation was pegged at 5.1 percent in December 2018, slower than the 6 percent rate registered in November.
