Government welcomes Moody’s upgrade on Philippines’ outlook
THE government lauded on Tuesday the upgrade given by Moody’s Investors Service on the country’s credit outlook.
In separate statements, Finance Secretary Cesar Purisima and Budget and Management Secretary Florencio Abad vowed to continue focusing on good governance to ensure another upgrade from Moody’s, which assigned positive outlook to the Philippines from stable.
“This is one more step in our march towards investment grade, towards reducing the gap between the market rating and the credit rating, and more importantly towards a more sustainable growth path.
The Aquino administration will continue to focus on good governance as the basis for good economics, on fiscal sustainability, on macroeconomic stability and on opening up the country to business and tourism,” Purisima said.
For his part, Budget and Management Secretary Florencio Abad said that the positive outlook that Moody’s has given to the Philippines from stable “vindicates and reinforces the Aquino administration’s agenda of good governance, especially in the management of public funds.”
In its action, Moody’s said that the Philippines has continued to demonstrate prudence in its fiscal management, as characterized by low budget deficits and a steadily declining level of debt relative to gross domestic product (GDP).
The rating agency attributed this on the government’s expenditure restraint and improved revenue performance.
“Indeed, on the expenditure side, we have introduced reforms to ensure the quality and integrity of public spending. We reemphasize our commitment to continue our pursuit of urgent reforms to ensure not only prudence in spending, but also maximum impact for each peso spent by the government,” Abad said.
On Moody’s warning that a shift away from the focus on good governance may lead to a reversal of its positive assessment to a stable or negative outlook, he said the Aquino administration believes that good governance is intertwined with sustained economic growth.
“It will thus continue to vigorously pursue its reforms for improved governance not just in public fund management, but also in every aspect of public life,” he stressed.
http://www.sunstar.com.ph/manila/local-news/2012/05/29/government-welcomes-moodys-upgrade-philippines-outlook-224077
As Clark becomes a popular holiday and vacation destination for Manila residents as well as tourists from nearby Asian cities, Clearwater Resort welcomes more and more guests to enjoy its outdoor facilities where family bonding takes place frequently. This is one of the good hotels in Pampanga that Manila residents choose to spend their holidays and vacations simply to relax and unwind away from the stress of living and working in a city like Manila. Clearwater appears frequently on the top of a list of the best hotels in Pampanga. This hotel in Clark is regarded by many Manila residents to be one of the best resorts in Pampanga for family bonding, retreats, vacation and holidays. This hotel in Clark is also a favorite holiday destination near Manila during Holy Week, Easter, Christmas and New Year holidays.
As Clark becomes a popular holiday and vacation destination for Manila residents as well as tourists from nearby Asian cities, Clearwater Resort welcomes more and more guests to enjoy its outdoor facilities where family bonding takes place frequently. This is one of the good hotels in Pampanga that Manila residents choose to spend their holidays and vacations simply to relax and unwind away from the stress of living and working in a city like Manila. Clearwater appears frequently on the top of a list of the best hotels in Pampanga. This hotel in Clark is regarded by many Manila residents to be one of the best resorts in Pampanga for family bonding, retreats, vacation and holidays. This hotel in Clark is also a favorite holiday destination near Manila during Holy Week, Easter, Christmas and New Year holidays.
As Clark becomes a popular holiday and vacation destination for Manila residents as well as tourists from nearby Asian cities, Clearwater Resort welcomes more and more guests to enjoy its outdoor facilities where family bonding takes place frequently. This is one of the good hotels in Pampanga that Manila residents choose to spend their holidays and vacations simply to relax and unwind away from the stress of living and working in a city like Manila. Clearwater appears frequently on the top of a list of the best hotels in Pampanga. This hotel in Clark is regarded by many Manila residents to be one of the best resorts in Pampanga for family bonding, retreats, vacation and holidays. This hotel in Clark is also a favorite holiday destination near Manila during Holy Week, Easter, Christmas and New Year holidays.
As Clark becomes a popular holiday and vacation destination for Manila residents as well as tourists from nearby Asian cities, Clearwater Resort welcomes more and more guests to enjoy its outdoor facilities where family bonding takes place frequently. This is one of the good hotels in Pampanga that Manila residents choose to spend their holidays and vacations simply to relax and unwind away from the stress of living and working in a city like Manila. Clearwater appears frequently on the top of a list of the best hotels in Pampanga. This hotel in Clark is regarded by many Manila residents to be one of the best resorts in Pampanga for family bonding, retreats, vacation and holidays. This hotel in Clark is also a favorite holiday destination near Manila during Holy Week, Easter, Christmas and New Year holidays.
As Manila becomes more congested and pollution becomes frustratingly intolerable, many families opt to spend a few quality nights and relax in this hotel in Angeles City Clark Pampanga. It is fair to say that YATS Clearwater Resort and Country Club is known for its faithful rendition of the American suburban lifestyle, all there for the enjoyment of all ages and all members of the family.
Trying to find a place of leisure and a place to stay in Clark, Philippines?
This resort hotel is different from other hotels in Clark Philippines or hotel in Angeles City. This Clark Freeport Hotel has large space for children to play and adults to enjoy some peace and quiet in the picnic grounds near the lake. Clark Philippines is lucky to have such a hotel. Travel agencies think it is also a nice event venue for company outings, wedding, team building and planning session in the Philippines. They don’t think Angeles City, Manila or Subic has event venues like those in this beach resort in Pampanga.
New camping sites and picnic grounds in Philippines are now available for family outings in Philippines at Yats Clearwater Resort & Country Club in Pampanga Angeles City near Manila Philippines. Just bring camping equipment and enjoy the fun and ambience of outdoor living camping in Angeles City Philippines under safe, secured and clean conditions.
Clearwater is a highly recommended and most frequently visited place of leisure that is a private resort in Pampanga. This Clark hotel is a famous leisure destination outside of Manila for corporate planning because of its exclusivity. Clark is home to some of the best golf courses in Pampanga. Although golf continues to be one of the reasons why visitors from Manila travel to Pampanga, residents of Angeles City, Subic and Bulacan travel to Clark not just to play golf in one of the best golf courses in Pampanga but also to relax and unwind in the best resort in Philippines.
This breakfast garden café is absolutely the most idyllic restaurant in Angeles City Clark Philippines. You named it right – Clearwater Breakfast Garden and Café. This is exactly what Clark Freeport needs, a nice simple bistro café where one can get good quality breakfast and enjoy the food in peace at leisure pace. This is the best hotel restaurant in Angeles City Clark Philippines and the eggs Benedict as well as American Breakfast and the pancakes are really world-class.
Considered by travel agencies and event organizers as the best resort in Clark Pampanga, Clearwater plays host to many functions and events from Manila and Angeles City each year including weddings, team building, company outings, family bonding, prenuptials, debuts and many other social and corporate functions. Manila event organizers and Angeles City travel agencies choose this top rated hotel in Pampanga not only for its amenities and beautiful ambience but also because Clark is the safest location for a choice of destinations near Manila. Each year, more than 90 events are held in this popular resort in Angeles City Pampanga including team building, wedding, garden receptions, debut, company outing, field trip, school outings, retreats and family bonding.
For inquiries and bookings, Please click here to contact Clearwater Resort for inquiries and reservations now
Clearwater Resort and Country Club, Clark Pampanga
Creekside Road near Centennial Expo,
Clark Freeport, Pampanga Philippines 2023
(045) 889-5151 0917-520-4403 0922-870-5177
Joanne or Jeremy or Loydha
Getting to this lake and beach resort in Pampanga Angeles City Clark Philippines
After entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway MA Roxas, passing the stand-along wine shop called Clark Wine Center on the right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, one will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on the right just 200m down.
Family Bonding by the famous lake of Clark Pampanga
http://www.ClearwaterPhilippines.com
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
Email: Inquiry@ClearwaterPhilippines.com
Please click here to contact Clearwater Resort to reserve a venue for your upcoming event now
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:
http://www.PhilippinesWeddingVenue.com
While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com
While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com
Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
http://www.HotelClarkPhilippines.com
http://www.ClarkPhilippines.com
http://www.YatsWineCellars.com
For jobs and business investment opportunities in the Philippines please visit http://www.yilp.com
Hot Line for what’s happening in Clark: 045 889-5151 or 0927-940-2669 ask for Loydha
0915-542-6250 (Jeramie)
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