is the economy of the philippines improving?

@leleng (247)
Philippines
January 24, 2007 6:40am CST
we can consider the dollar rate is decreasing? is it a good start?
2 people like this
8 responses
@xtedaxcvg (3190)
• Philippines
4 Feb 07
I'm still a firm believer that this country will rise up and be the tiger of the south east once again.
@rsa101 (17964)
• Quezon City, Philippines
4 Feb 07
Although I believe that the peso getting stronger is a good indicator that economy is improving but that's to say that it is doing so since election time is coming. Government is doing something to really hide what is going on in our country by manipulating some in the economy to make things good looks. We can see if that will stay that way after the election. Peso improving is just one indicator there are still many factor that is unresolved in our country which hampers total development of our country.
@wesker311 (510)
• Philippines
4 Feb 07
nothingd improving! yeah the doller rate is decreasing but the prices of the foods, clothes and fares are still not decreasing! so what's the change?
• Philippines
1 Feb 07
it is indeed improving...i believe we'll do good in the next years..its very important to choose our leaders well and have self discipline.
• Thailand
25 Jan 07
The current strentgh of the exchange rate of our peso to dollar is temporary. A lot of OFW have sent their dollar remittance in december and i believe thats one reason why peso is strong against the dollar. Will just see in a couple of months if it holds. I still don't believe that our economy is improving, if you try and consider the continuing growth of poverty in our country i could say that we are still in the same mud hole we used to be.
@luranski (171)
• Philippines
25 Jan 07
there are so many things to consider. First, the stability of our political system in our country. Second, dedicated leaders to drive our country... and many more, maybe, we should think for ourselves what can we do for our economy...
@cuddleme01 (2727)
• Philippines
24 Jan 07
there is a good side to it but it is hardly felt by the common people. the prices of basic commodities are still rising, the fares are high, the gasoline is high, education is high, unemployment is high (not enough investors still), poverty is high.. the current strenght of philippine peso over dollar is just a very small portion of the problem the government has to really address so we can really say our economy is improving.
• Philippines
24 Jan 07
political crisis put our country into a dip sh!t...