Whereas the central banker, by the very nature of his responsibilities, takes a long term view of the economy, the elected representatives of the people take a short term view, shaped and limited by the length of their tenure of office. This is quite understandable for they don’t get elected on the basis of their beautiful political philosophies.
We are gathered once again to celebrate a happy event: the awarding of our top achievers in the Philippine microfinance sector. I can tell you that it took a lot of work: we had to go through evaluation, discussions and validation. But in the end, we are very pleased that we continue to see many inspiring success stories of Filipino microentrepreneurs.