We are a free enterprise economy and we shall leave market forces to determine the value of the peso, while taking the appropriate measures to assist the export sector.
The Philippine and US governments are for the swift resolution of this isolated case, but always through the observance of due process. Both governments have assured that whatever the outcome, it will not in any way affect the close ties and friendship that bind the two countries.
We understand the pressure and pain that her family is experiencing right now and we assure them that the government will do everything it can in order to help her.
The government has derailed the conspiracy to overthrow it without having to resort to stronger legal measures provided for in the Constitution.
The state of emergency will remain in effect until such time that we are sure that the threats are contained.
Both governments have assured that whatever the outcome, it will not in any way affect the close ties and friendship that bind the two countries.
Yes, we will face pressure on the prices of goods but the President has put the entire Cabinet on notice to focus on measures to stabilize prices and firm up the safety nets for the poorest sectors,
We leave to the proper authorities the prosecution of those who would be found liable for the Ultra stampede as well as the implementation of the corrective measures to prevent a repeat of this tragedy, based on the recommendations of the fact-finding board.
I can assure you we will have a peaceful Christmas and beyond.