Aquino cheered at Apec for 1-term limit stand | Global News

ҹ

Aquino cheered at Apec for 1-term limit stand

/ 05:18 AM October 07, 2013

President Aquino smiles as he is being introduced to the audience at the Asia-Pacific Economic Cooperation CEO Summit in Bali, Indonesia, Sunday, Oct. 6, 2013. Aquino was applauded loudest on Sunday when he rejected the idea of seeking a second term. AP PHOTO/WONG MAYE-E

BALI, Indonesia—The loudest applause for President Aquino came when he rejected the idea of seeking a second term.

At the Asia-Pacific Economic Cooperation (Apec) CEO Summit here, Aquino was asked hypothetically about serving another term to “ensure that growth continues in the Philippines.”

Article continues after this advertisement

“Probably not,” he replied to a Taiwanese businessman, who expressed his amazement over the Philippine economy’s “incredible transformation” under Aquino, during the open forum.

FEATURED STORIES

In explaining the wisdom behind the one-term limit for Philippine presidents, Aquino recalled how one of his predecessors was “first elected in 1965, got reelected in 1969 and decided to stay until 1986.”

With a term limit, he said a president would be discouraged from making an “unpopular decision,” even if it was “necessary for the future good,” because his eye would be on reelection.

Article continues after this advertisement

“Whereas, if you are concerned about the next term, everything you do has to be in the backdrop of how to secure your next years in office, which probably will be such a temptation to any leader to try and please the people all the time regardless of whether or not it is good,” he said.

Article continues after this advertisement

The applause came when Aquino said that good governance and a successful economy were still no reason to allow a Philippine president to stay on for another term.

Article continues after this advertisement

“Beyond 2016 (when his term expires), the belief is, if our people are so used to this type of governance, then whoever will portray himself [as the one who would continue] the policies we had set, would be the one to get into office,” he said.

“So, at the end of the day, our mantra is: The bosses ultimately are our people and they will decide and they will choose the person and the entity that will hopefully continue the policies we have instituted,” he added.

Article continues after this advertisement

The CEO summit from 2 to 3 p.m. was Aquino’s first official engagement at the Apec gathering here. He arrived at Ngurah Rai International Airport at 11:50 a.m.

Aquino fielded the most number of questions during his summit slot, wherein he sat on a panel with President Ollanta Humala of Peru.

Conspicuously absent from the regional meet was US President Barack Obama, who cancelled at the last minute to attend to the government shutdown in his country, which resulted from a standoff with Republicans over the budget.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the and acknowledge that I have read the .

Aquino was asked about Obama’s absence and said: “We perfectly understand the situation. Stability in their economy promotes stability for the rest of the world’s economies.”

MOST READ
technology
newsinfo
www
business
newsinfo
www
newsinfo
newsinfo
newsinfo
newsinfo
www
TAGS: APEC, APEC CEO summit, Benigno Aquino III, Governance, Indonesia, Philippines

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the and acknowledge that I have read the .

© Copyright 1997-2024 ҹ | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies.