Loading images...

Philippines calls on UN to help poorer countries fight soaring food, fuel prices

Source : UN News Centre

aroyo-un230908.jpg 23 September 2008 – The developing world is at a “tipping point” due to fluctuations in the global economy, the President of the Philippines told the General Assembly today, calling on the United Nations for its assistance in ensuring that financial uncertainties do not roll back development gains.

President Gloria Macapagal-Arroyo of the Republic of the Philippines

Gloria Macapagal-Arroyo, addressing the annual high-level debate in New York, underscored how her country is suffering from the burden of soaring prices of food, fuel and rice.“Our people pursue the universal dream of a better life for themselves and their children: better education, better health care, higher wages, a dignified retirement,” she said.

The Philippines has made “hard-earned” gains over the past seven years that have allowed the South-East Asian nation to weather the first tide of global price surges that swept across the world earlier this year, Ms. Arroyo said, but the recent economic turmoil in world markets has had a profound impact.

“To address these global challenges, we must go on building bridges among allies around the world: to bring the [price of] rice to where it is needed to feed the people, investments to create jobs; and keep the peace and stability in the world,” she stated.

The President praised Secretary-General Ban Ki-moon for taking swift and decisive measures to address the global food crisis that brings together multilateral organizations, donor countries, civil society and the private sector.

“This is a model of the Untied Nations in action,” she said.

Regarding the southern island of Mindanao, which has been wracked by recent deadly violence, Ms. Arroyo voiced her commitment to peace based on inter-faith dialogue.

“We maintain high hopes in inter-faith dialogue as a means to building bridges rather than barriers between communities of different cultures and ethnicity.”

Read the rest here

Post a Comment