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Assessment of Aquino Economic Policies

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Assessment of Aquino Administration’s policies and achievements

The Aquino Administration at the mid of its term: assessment of its policies and achievements in key areas. When Benigno (Noynoy) Aquino was elected in May 2010, it was a huge wave of hope that swept him in a landslide victory into the office of the Philippine President:

* hope that he would bring back honesty as guiding principle into the actions and decisions of this office – as it had been the case during the presidency of his revered mother Cory Aquino 1986 – 1992, whose passing away in summer 2009 had plummeted the nation into deep nostalgic mood and initiated the request of the Liberal Party for her son as presidential candidate in the 2010 elections;

* hope that the lawlessness, high levels of violence, corruption, human rights violations and impunity would finally find an end;

* hope that the hardened poverty of more than 25% of the fast growing population would finally be reduced – following his campaign slogan: “no corruption, no poverty any more”;

* hope that he would be able to bring peace to the country which was suffering for more than 40 years from fighting with the Mindanao based Muslim Rebellion and the armed campaign of Maoist in many rural provinces all over the country. Three years later, in the mid of his single six-years term, it is still the hope of the majority of the population which is upholding his high popularity. What has been done, what has been achieved during these three years, what are the perspectives for the next years?

(1) The fight against corruption There can be no doubts that the climate has changed. “Noynoy” Aquino has shown that – different from his two predecessors – he does not use his office to enrich himself, his family or cronies through dubious projects and contracts. And at several occasions, he has made it clear

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