Philippines gets higher scores in the @WorldBank Governance Indicators. Along with the World Economic Forum (WEF) Global Competitiveness Report 2015-2016, the latest World Bank Worldwide Governance Indicators (WGI) survey again affirms the extent of Philippines' transformation under Daang Matuwid.
Statement of Deputy Presidential Spokesperson Abigail Valte
on the latest results of the Worldwide Governance Indicators (WGI) project
[Released on October 2, 2015]
Along with the World Economic Forum (WEF) Global Competitiveness Report 2015-2016, the latest World Bank Worldwide Governance Indicators (WGI) survey again affirms the extent of our country’s transformation under Daang Matuwid. Scores for our country show improvements in all six indicators since 2010. Compared to the previous year’s results, the Philippines scored higher in five out of six indicators: voice and accountability; political stability and absence of violence; government effectiveness; regulatory quality; and rule of law.
Positive developments such as this make clear that good governance and reform lead to increased peace, harmony, and citizen participation in government. Such an environment encourages not only a more vibrant democracy but also a more active business sector, which in turn promotes productivity and economic activity. This virtuous cycle holds many benefits for our countrymen: increased job opportunities, a higher standard of living, and a greater capacity for investment—in, for example, skills development and education. By continuing to empower the Filipino people, the Aquino administration seeks to ensure that such gains will be enjoyed by both present and future generations.
Statement of Deputy Presidential Spokesperson Abigail Valte
on the latest results of the Worldwide Governance Indicators (WGI) project
[Released on October 2, 2015]
Along with the World Economic Forum (WEF) Global Competitiveness Report 2015-2016, the latest World Bank Worldwide Governance Indicators (WGI) survey again affirms the extent of our country’s transformation under Daang Matuwid. Scores for our country show improvements in all six indicators since 2010. Compared to the previous year’s results, the Philippines scored higher in five out of six indicators: voice and accountability; political stability and absence of violence; government effectiveness; regulatory quality; and rule of law.
Positive developments such as this make clear that good governance and reform lead to increased peace, harmony, and citizen participation in government. Such an environment encourages not only a more vibrant democracy but also a more active business sector, which in turn promotes productivity and economic activity. This virtuous cycle holds many benefits for our countrymen: increased job opportunities, a higher standard of living, and a greater capacity for investment—in, for example, skills development and education. By continuing to empower the Filipino people, the Aquino administration seeks to ensure that such gains will be enjoyed by both present and future generations.
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