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Presentation Outline   Roberto F. de Ocampo  Former Sec. of Finance  Co-vice Chairman, Makati Business Club Arangkada Philippines Forum: “Moving Twice as Fast!”  Grand Ballroom, Marriot Hotel, Pasay City 9:25-9:45 AM, January 26, 2012 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
In the SWS November 2011 poll, 72 percent of Filipinos approved of Mr. Aquino’s performance while 74 percent trust him, while “less than one in 10 Filipinos [9 percent] is critical of and distrusts the President….
Original and Adjusted 2011 Forecasts Table 1 Financial   Institution 2011   Year   End Growth   Forecast Revised Forecast INTERNATIONAL   MONETARY   FUND   4.7 percent 3.7 percent WORLD   BANK 5 - 5.4 percent 4.2 percent UN ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC (UNESCAP) 5.2 percent 4.4 percent CREDIT   SUISSE 4.6 percent 4.3 percent CITIGROUP   5.5 percent 4.8 percent HSBC   5.2  percent 4.3 percent AQUINO   ADMINISTRATION 5 to 6 percent 4.5-5.5 percent
5-6% RP GROWTH TARGET FOR 2012 ,[object Object]
 
Table 2
Comparative Annual GNP  of Some ASIAN Countries 2008 - 2011
Table 3
 
Fiscal Performance  January to November 2011  (In Billion Pesos) Table 4
Growth Per Industry Value of  Production Table 5
Table 6 Overseas Filipino Remittances  *     For the Periods Indicated       In Million US dollars                     Growth Rate Levels yr.-on-yr. Monthly Cumulative Monthly Cumulative 2011         Jan 1,476.90 1,476.90 7.6 7.6 Feb 1,500.90 2,977.80 6.2 6.9 Mar 1,616.50 4,594.40 4.1 5.9 Apr 1,615.90 6,210.30 6.3 6 May 1,688.20 7,898.50 6.9 6.2 Jun 1,737.30 9,635.80 7 6.3 Jul 1,715.30 11,351.10 6.1 6.3 Aug 1,670.10 13,021.20 11.1 6.9 Sept 1,735.60 14,756.80 8.4 7.1 Oct 1,777.20 16,534.00 6.2 7 Nov 1,783.30 18,317.30 10.6 7.3
OFW Remittances ,[object Object],[object Object]
Foreign Reserves Asia ,[object Object]
[object Object]
2012 Forecasts (Source: International Monetary Fund, World Economic Outlook, September 2011.) Table 7
2012 Global and Philippine Forecasts Table 8 Financial   Institution 2012   Global  Growth   Forecast 2012 Philippine  Growth Forecast INTERNATIONAL   MONETARY   FUND   4.7 percent 4.2 WORLD   BANK 2.5  percent 4.2 percent UN ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC (UNESCAP) 5.2 percent CREDIT   SUISSE 4.6 percent 4.2 percent CITIGROUP   2.5 percent HSBC   5.2  percent  3.6 PERCENT
2012 National Budget  (in million pesos) Table 9
Distribution of the 2012 Budget
 
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Arangkada Philippines forum January 26, 2012

  • 1.
  • 2. In the SWS November 2011 poll, 72 percent of Filipinos approved of Mr. Aquino’s performance while 74 percent trust him, while “less than one in 10 Filipinos [9 percent] is critical of and distrusts the President….
  • 3. Original and Adjusted 2011 Forecasts Table 1 Financial Institution 2011 Year End Growth Forecast Revised Forecast INTERNATIONAL MONETARY FUND 4.7 percent 3.7 percent WORLD BANK 5 - 5.4 percent 4.2 percent UN ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC (UNESCAP) 5.2 percent 4.4 percent CREDIT SUISSE 4.6 percent 4.3 percent CITIGROUP 5.5 percent 4.8 percent HSBC 5.2 percent 4.3 percent AQUINO ADMINISTRATION 5 to 6 percent 4.5-5.5 percent
  • 4.
  • 5.  
  • 7. Comparative Annual GNP of Some ASIAN Countries 2008 - 2011
  • 9.  
  • 10. Fiscal Performance January to November 2011 (In Billion Pesos) Table 4
  • 11. Growth Per Industry Value of Production Table 5
  • 12. Table 6 Overseas Filipino Remittances  *     For the Periods Indicated       In Million US dollars                     Growth Rate Levels yr.-on-yr. Monthly Cumulative Monthly Cumulative 2011         Jan 1,476.90 1,476.90 7.6 7.6 Feb 1,500.90 2,977.80 6.2 6.9 Mar 1,616.50 4,594.40 4.1 5.9 Apr 1,615.90 6,210.30 6.3 6 May 1,688.20 7,898.50 6.9 6.2 Jun 1,737.30 9,635.80 7 6.3 Jul 1,715.30 11,351.10 6.1 6.3 Aug 1,670.10 13,021.20 11.1 6.9 Sept 1,735.60 14,756.80 8.4 7.1 Oct 1,777.20 16,534.00 6.2 7 Nov 1,783.30 18,317.30 10.6 7.3
  • 13.
  • 14.
  • 15.
  • 16. 2012 Forecasts (Source: International Monetary Fund, World Economic Outlook, September 2011.) Table 7
  • 17. 2012 Global and Philippine Forecasts Table 8 Financial Institution 2012 Global Growth Forecast 2012 Philippine Growth Forecast INTERNATIONAL MONETARY FUND 4.7 percent 4.2 WORLD BANK 2.5 percent 4.2 percent UN ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC (UNESCAP) 5.2 percent CREDIT SUISSE 4.6 percent 4.2 percent CITIGROUP 2.5 percent HSBC 5.2 percent 3.6 PERCENT
  • 18. 2012 National Budget (in million pesos) Table 9
  • 19. Distribution of the 2012 Budget
  • 20.