Omar Cruz Quotations

We are extremely pleased with the demand for our global bond issue. We believe this affirms investor confidence in the Philippines and its ability to move forward with the policy reforms necessary to sustain economic growth,

That's to be expected, that they will have to perform their due diligence and see the results of the government's efforts to improve tax collections, ... The key thing here, we have implemented the expansion in the value-added tax and that we're keen on increasing it next year.

We will end the year with a comfortably lower deficit, ... We'll pursue sound approaches to sustain all these gains.

The result is as expected, ... This shows the strong liquidity in the market and the scarcity of supply.