BSP defends itself against Tiglao criticism of its ‘statistical integrity’

Subject: Article written in The Manila Times entitled “Under Arroyo’s watch, FDI bigger than Aquino’s; The President lies on foreign-investment flows”

This refers to the article written by Mr. Rigoberto Tiglao which appeared in The Manila Times on 12 August 2015. In his article, Mr. Tiglao claims that: Aquino is right that the $6.2 billion “is the highest ever recorded in our entire history” only because that figure for the first time in history includes that [sic] not just foreign equity but even foreign debts, the amounts of which are suspect.