The Rockefeller Brothers Fund (RBF) today expressed confidence that President Gloria Macapagal-Arroyo would be able to resolve the financial problems of the country.

The RBF is a philanthropic, grant-making foundation that promotes social change and contributes to a more just, sustainable and peaceful world.

During their courtesy call this morning at the Malacanang Music Room, RBF chairman Steven Rockefeller and president Stephen Heintz both told the President that the financial crisis confronting the country will soon be resolved because of her exemplary efforts to right the situation.

Rockefeller also told the President that like the Philippines, the United States is also facing a difficult financial crisis because of its very large national budget deficit.

"The United States, like your country, is in very serious problem in terms of the financial crisis," he said.

The President agreed with Rockefeller, stressing the imperative to raise revenues and limit government spending.

Rockefeller also congratulated the President for her efforts in the pursuit of peace in Mindanao.

The President accepted Heintz’ invitation to attend the RBF’s foundation anniversary celebration in year 2007-2008 and thanked them for their philanthropic works not only in the Philippines but also worldwide.

"I hope you will continue to be successful in grant-making activities and I am very honored to be involved in your foundation anniversary in 2007," she said.

Accompanying Rockefeller were Executive Secretary Eduardo Ermita, Juan Santos, Carmencita Abella and Ven Pumnyun Sunim of the Joint Together Society.