Philippine Finance Secretary Cesar Purisima at the Regional Agena Council on Southeast Asia - World Economic Forum, Jakarta, in June.
MANILA, Philippines - Another reason for Filipinos to be proud of is the dedication and hard work of Philippine Finance Secretary Cesar Purisima as he was named as 2011 Emerging Markets Finance Minister of the Year Award for Asia. Purisima was hailed for his consistency and focus on steering economic policies that may believed; helped the Philippines sustain strong economic growth amidst its financial problems.
Emerging Markets editor Taimur Ahmad noted that Purisima’s ‘decisive action upon taking office to enforce greater fiscal discipline’—contributed to the stability for the Southeast Asian country.
“His efforts for the economy to grow strongly last year and to insulate it from heightened market sensitivity to sovereign indebtedness,” Ahmud described further Purisima.
“Secretary Purisima has been consistently clear in his policy intentions and has worked hard to ensure strong policy coordination.”
Purisima not only impressed the editorial team of Emerging Markets, but as well as the Top Regional Experts and economists.
His Excellency President Aquino and Finance Secretary Purisima are seen here listening to US Secretary of State and MCC Chairperson Hillary Rodham Clinton.
The annual Emerging Markets Central Bank Governor and the Finance Minister of the Year awards are given to the best performing policymakers of the region based on the publication editors. The winners are announced in Emerging Markets’ daily newspapers published at the IMF and World Bank annual meetings each year, with the award-winning policy makers honored at an annual awards ceremony during the IMF and World Bank annual meetings.
Emerging Markets is a leading publication for business news, market analysis and opinions on global financial developments.