Purisima Interview on Philippine Fiscal Policy

Aug. 10,2010 (Bloomberg) — Philippine Finance Secretary Cesar Purisima talks with Bloomberg’s Susan Li about the country’s finances and economy. President Benigno Aquino plans to more than halve spending growth next year, instituting a freeze on hiring and new buildings and cars, to narrow the budget deficit from the projected record this year. Purisima speaks from New York. (Source: Bloomberg)