{"id":42078,"date":"2015-02-12T14:30:16","date_gmt":"2015-02-12T06:30:16","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=42078"},"modified":"2015-02-12T14:30:16","modified_gmt":"2015-02-12T06:30:16","slug":"purisima-receives-fifth-finance-minister-of-the-year-award","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/02\/12\/purisima-receives-fifth-finance-minister-of-the-year-award\/","title":{"rendered":"Purisima receives fifth &#8216;Finance Minister of the Year&#8217; award"},"content":{"rendered":"<figure id=\"attachment_11237\" aria-describedby=\"caption-attachment-11237\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/Cesar-Purisima.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-11237\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/Cesar-Purisima-300x200.jpg\" alt=\"Finance Secretary Cesar V. Purisima. Photo courtesy of Purisima on Facebook.\" width=\"300\" height=\"200\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/Cesar-Purisima-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/Cesar-Purisima-600x400.jpg 600w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/Cesar-Purisima.jpg 720w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-11237\" class=\"wp-caption-text\">Finance Secretary Cesar V. Purisima. Photo courtesy of Purisima on Facebook.<\/figcaption><\/figure>\n<p>MANILA &#8212; For the fifth time, the country&#8217;s Finance chief Cesar Purisima was recently awarded with the &#8220;finance minister of the year&#8221; citation by FinanceAsia.<\/p>\n<p>The Department of Finance on Wednesday said that Purisima was awarded for &#8220;his leadership in driving the turnaround story of the Philippines.&#8221;<\/p>\n<p>Purisima, the head of President Benigno Aquino III&#8217;s pool of economic managers, outranked other finance ministers from Indonesia, South Korea and Taiwan.<\/p>\n<p>\u201cPurisima was lauded for steering the economy away from stagnation and towards broad-based growth, resulting in the Philippines reaching investment grade status from major credit rating agencies. Last quarter\u2019s 6.9-percent GDP [gross domestic product] growth exceeded expectations and marked 12 straight quarters of above 5-percent GDP growth, comfortably putting the average quarterly growth rate under the Aquino administration at 6.02 percent,\u201d according to the DOF.<\/p>\n<p>Meanwhile, the finance chief offered the award to President Aquino and the cabinet members adding that the financial reforms were successfully crafted through team effort.<\/p>\n<p>\u201cThe award truly belongs to President Aquino and my colleagues in the Philippine Cabinet because the economic growth and fiscal reforms are truly a team effort, proving that \u2018good governance is good economics,\u201d said Purisima during the awards ceremony last Feb. 4. \u201cWe have proven yet again that the Philippine miracle is not a one-hit wonder. We\u2019re here to stay, and we are ready to play big in the world stage.\u201d<\/p>\n<p>\u201cReforms beget rewards. This award strengthens our resolve to double down on reforms: Rationalize fiscal incentives, modernize our revenue generating agencies, and engineer a competitive and equitable tax structure for all Filipinos,\u201d said Purisima.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8212; For the fifth time, the country&#8217;s Finance chief Cesar Purisima was recently awarded with the &#8220;finance minister of &hellip;<\/p>\n","protected":false},"author":44,"featured_media":11237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-42078","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/42078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=42078"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/42078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/11237"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=42078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=42078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=42078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}