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Economic growth in 9 years did not touch poor

8 March 2010 133 views No CommentEmail This Post Email This Post

MANILA – An economic adviser of President Gloria Macapagal-Arroyo lamented that the rich got richer while the ranks of the poor swelled even further amid heady economic growth in the last nine years.

“My biggest frustration as a presidential adviser is that 34 quarters of uninterrupted expansion in the past nine years did little to reduce poverty and the number of poor people,’’ said Albay Governor Joey Salceda in an interview.

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