THE government lauded on Tuesday the upgrade given by Moody’s Investors Service on the country’s credit outlook.
In separate statements, Finance Secretary Cesar Purisima and Budget and Management Secretary Florencio Abad vowed to continue focusing on good governance to ensure another upgrade from Moody’s, which assigned positive outlook to the Philippines from stable.
“This is one more step in our march towards investment grade, towards reducing the gap between the market rating and the credit rating, and more importantly towards a more sustainable growth path.
The Aquino administration will continue to focus on good governance as the basis for good economics, on fiscal sustainability, on macroeconomic stability and on opening up the country to business and tourism,” Purisima said.
For his part, Budget and Management Secretary Florencio Abad said that the positive outlook that Moody’s has given to the Philippines from stable “vindicates and reinforces the Aquino administration’s agenda of good governance, especially in the management of public funds.”
In its action, Moody’s said that the Philippines has continued to demonstrate prudence in its fiscal management, as characterized by low budget deficits and a steadily declining level of debt relative to gross domestic product (GDP).
The rating agency attributed this on the government’s expenditure restraint and improved revenue performance.
“Indeed, on the expenditure side, we have introduced reforms to ensure the quality and integrity of public spending. We reemphasize our commitment to continue our pursuit of urgent reforms to ensure not only prudence in spending, but also maximum impact for each peso spent by the government,” Abad said.
On Moody’s warning that a shift away from the focus on good governance may lead to a reversal of its positive assessment to a stable or negative outlook, he said the Aquino administration believes that good governance is intertwined with sustained economic growth.
“It will thus continue to vigorously pursue its reforms for improved governance not just in public fund management, but also in every aspect of public life,” he stressed.
http://www.sunstar.com.ph/manila/local-news/2012/05/29/government-welcomes-moodys-upgrade-philippines-outlook-224077

Visitors to Clark on holidays, vacation or for golf and casinos frequently relax and unwind at the famous gastro pub and bar in Clark Philippines called The London Pub. Regarded as one of the best bars in Angeles City and Clark Pampanga, The London Pub is also famous for its vintage beers. Guests of this bar in Angeles City who prefer wine instead can order from the award winning restaurant wine list from adjacent fine dining Yats Restaurant and Wine Bar. No corkage fee is added for wines ordered from this gastro pub restaurant in Clark Philippines. In fact, this popular resto bar in Clark is well known as one of the best restaurants and bars to drink wine in Pampanga.

When visiting Clark and Angeles Pampanga many people make plans to relax and enjoy an evening at The London Pub located in Mimosa Leisure Estate of Clark Freeport Zone. This highly recommended resto bar and pub is where all the local executives, local and foreign tourists gather after a full day of fun or work. This is the upscale version of the Pampanga nightlife that has attracted many tourists and visitors from Manila over the years.

The London Pub is an authentic English styled pub, a cozy place for foreigners and locals to hang out relax over a nice beer or a glass of fine vintage wine and order up some authentic British pub food.

Clark Freeport is a comfortable 70-minute drive up from Manila along the newly refurbished North Expressway NLEX. Once leaving Manila, the highway takes you straight into Clark Philippines without going any city, not even Angeles City, Pampanga. Clark Freeport Zone has its own Clark International Airport – DMIA – which enables visitors to Clark or Subic to fly directly into Clark from all major cities in Asia, connecting Clark to practically anywhere in the world.

Beers, cigars and fine pub food aside, this bar in Angeles Philippines Clark Freeport Zone also offers a refreshingly interesting wine list, a good selection of wine served by the glass also. The most famous beverage in this bar in Angeles Philippines is its vintage beer, a special kind of beers that actually improve with age inside the bottle, much like wine and vintage Champagne. Vintage beer is only available in this Clark Philippines bar and family restaurant pub.

This famous bar in Clark Pampanga also offers nice venues for private and semi-private parties, company events and social functions. The garden area of this pub provides for excellent venue for parties and celebrations for up to 150 people.

Getting to this family restaurant, bar and pub of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this resto bar in Clark Pampanga? Upon reaching Pampanga Clark Freeport, go straight until hitting Mimosa Leisure Estate. Enter Mimosa and stay on the left on Mimosa Drive, going past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure). Just past the fine dining Yats Restaurant and Wine bar is the London Pub which is also to the left. The London Pub is open seven days a week and happy hours is 4 to 7pm.

The London Pub
(045) 499-1177 09175240999 (632) 637-5019 ask for Glenda or Janet
Mimosa Drive past Yats Restaurant, Mimosa Leisure Estate,
Angeles City Clark Freeport Zone, Pampanga, Philippines 2023

Clark Philippines Nightlife, famous Bar, best pubs and cozy family restaurant

http://www.LondonPubClark.com

For more information about this bar in Angeles Philippines or any other matters to do with nightlife, entertainment, wine and dine, restaurant and wine in Clark Pampanga, just email us at LondonPub@Yats-International.com.

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center. http://www.ClarkWineCenter.com

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

http://www.HotelClarkPhilippines.com

http://www.ClarkPhilippines.com

http://www.YatsWineCellars.com

Yats Restaurant is an excellent Restaurant to dine, a restaurant with good food, a good place to have birthday party and special events. A Kid-friendly restaurants in Manila

Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occasions. Looking for a restaurant in Clark for a Business meeting? Or a place to eat with friends? Yats Restaurant offers exclusive dinner venue for groups, a good place to celebrate special occasions, it can be a party venue in town. Yats Restaurant is a recommended restaurant for private dinner in Philippines, a well-recognized restaurant that serves good food and good wines for dinner.

www.YatsRestaurant.com

Where to go in Clark? Hotel Clark Philippines is a De Luxe Hotel in Clark and Subic, a risk free place to stay, cozy and nice ambience, a nice function place for special occasion. It is one of North Luzon Philippines’ top hotels that is trouble free, risk free, and a nice place to have rest in Subic. A well-recognized and interesting hotel.

www.HotelClarkPhilippines.com