PHILIPPINES: MANILA PRESS CONFERENCE BY RESIGNED CABINET MEMBERS CALLING ON PRESIDENT ARROYO TO QUIT.
Record ID:
647787
PHILIPPINES: MANILA PRESS CONFERENCE BY RESIGNED CABINET MEMBERS CALLING ON PRESIDENT ARROYO TO QUIT.
- Title: PHILIPPINES: MANILA PRESS CONFERENCE BY RESIGNED CABINET MEMBERS CALLING ON PRESIDENT ARROYO TO QUIT.
- Date: 8th July 2005
- Summary: (BN04) MANILA, PHILIPPINES (JULY 8, 2005) (REUTERS - ACCESS ALL) 1. WS: RESIGNED CABINET MEMBERS AT NEWS BRIEFING. 0.05 2. MV: JOURNALISTS. 0.08 3. SCU: (SOUNDBITE) (English) FINANCE SECRETARY CESAR PURISIMA SAYING: "As early as Tuesday, July 15, we had already made our decision to resign. The President pre-empted our moves. This pre-emption does not change our conviction that her decisions as of late are guided mainly by her determination to survive as President. We believe that she will continue to make her decisions according to this norm." 0.42 4. WS/ZOOM OUT: OF NEWS CONFERENCE. 0.44 5. SCU: (SOUNDBITE) (English) PURISIMA SAYING: "The President can be part of the solution to this crisis by making the supreme sacrifice for God and country to voluntarily relinquish her office and allow her constitutional successor, the Vice President, to assume the presidency. Resignation is a legitimate constitutional option for effecting leadership change. Given the crisis in the presidency, this is the least disruptive and painful option that can swiftly restore normalcy and eventually bring us to prosperity." 1.29 6. JOURNALISTS PAN TO RESIGNED CABINET MEMBERS 1.36 7. CU: MANILA BULLETIN NEWSPAPER HEADLINE READING: "I WILL NOT RESIGN - GMA" 1.40 8. CU: NEWSPAPERS PILED UP AT NEWSPAPER STAND. 1.44 9. CU: PHILIPPINE DAILY INQUIRER HEADLINE READING: "GMA TELLS CABINET: QUIT" 1.49 Initials Script is copyright Reuters Limited. All rights reserved
- Embargoed: 23rd July 2005 13:00
- Keywords:
- Location: MANILA, PHILIPPINES
- Country: Philippines
- Reuters ID: LVABTTCALN5Q422OQ9V5L9068MQT
- Story Text: Sacked Philippine ministers call on Arroyo to quit.
Philippine Finance Secretary Cesar Purisima
called on embattled President Gloria Macapagal Arroyo to
step down on Friday (July 8) as he and seven other cabinet
ministers quit a day after she demanded their resignations.
With tears in his eyes, Purisima said Arroyo's surprise
announcement had pre-empted a resignation of the economic
team
over recent decisions that appeared to show she was more
concerned about her political survival than fiscal reforms.
"As early as Tuesday, July 15, we had already made our
decision to resign. The President pre-empted our moves.
This pre-emption does not change our conviction that her
decisions as of late are guided mainly by her determination
to survive as President. We believe that she will continue
to make her decisions according to this norm," he said.
The eight cabinet members called on Arroyo to hand power
to her vice president, Noli de Castro.
"The President can be part of the solution to this
crisis by making the supreme sacrifice for God and country
to voluntarily relinquish her office and allow her
constitutional successor, the Vice President, to assume the
presidency. Resignation is a legitimate constitutional
option for effecting leadership change. Given the crisis in
the presidency, this is the least disruptive and painful
option that can swiftly restore normalcy and eventually
bring us to prosperity," Purisma said.
Police raised their alert level in Manila to maximum
after the mass resignation at a news conference.
Budget Secretary Emilia Boncodin and Trade Secretary
Juan Santos, as well as the heads of the main tax and
customs
agencies, were among those who resigned.
Economic Planning Secretary Romulo Neri and Energy Secretary
Raphae
l Lotilla were not at the news conference.
Arroyo, facing opposition demands she quit over
allegations she cheated her way to victory in last year's
election and that
members of her family took payoffs from illegal gambling,
said on Thursday (July 7) she would not step down.
The peso weakened as far as 56.44 to the dollar in
morning trade on Friday -- just a shade from its record low
of
56.45, reached six weeks before the May 2004 elections and
revisited in October.
Some analysts had said financial markets would have
liked Purisima and the other main economic managers to
stay on for now to keep Arroyo's reform agenda moving to
improve weak revenue collection and cut debt of nearly $70
billion.
Investors were already rattled by weeks of political
crisis over the allegations and a Supreme Court freeze on a
tax package
at the heart of Arroyo's economic reforms.
Arroyo said she had asked her cabinet to resign to give
her the freedom to push economic and political reforms, but
that her
new team would have a "free hand on governance".
Arroyo, whose second term is due to run until 2010, has
made no secret of plans to change the two-chamber
congressional system to a single parliament to speed up
passage of laws.
Despite opposition attempts to whip up rage against
Arroyo, protests have been relatively small. Her rivals
lack a unifying
leader and have offered few ideas to develop the economy.
But some of the business groups, middle-class
professionals and Catholic church leaders who form
Arroyo's support base have begun to pull back.
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