
| President Gloria Macapagal-Arroyo gestures as she gives luncheon speech to the business community in Hong Kong Monday. (AP photo) |
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MANILA -- Despite President Gloria Macapagal-Arroyo's declaration that the Philippine economy is at its strongest in 30 years, two in three Filipinos or 66 percent say the economy worsened in the last three years, according to the February 21 to March 8 survey of Pulse Asia.
The survey, which had 1,200 respondents, showed that the sentiment is shared by 61 to 74 percent of the people in all geographic locations and socioeconomic classes.
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