President Benigno S. Aquino III’s attendance at the World Economic Forum in Switzerland

The government has set aside around P49 million for President Benigno S. Aquino III's attendance at the World Economic Forum in Switzerland.

The Philippine President is expected to highlight the administration's anti-corruption campaign and make a pitch on the Philippines' readiness to receive more investments, Executive Secretary Paquito Ochoa Jr. said Wednesday.

Ochoa said the Chief Executive will not only participate in economic discussions with global business and political leaders in Davos, but will also deliver a keynote address on the fight against corruption at the WEF "Partnering Against Corruption Initiative" on Jan 24.

"President Aquino's participation in the WEF is an important opportunity for us to let the world know of our determination to institutionalize good governance in our country as one of the principal pillars of fiscal reform," Ochoa said.

"President Aquino will share the successes of his administration's campaign against corruption, which served as a springboard for the significant improvement in our country's economy," Ochoa added.

Aquino will depart for Davos Wednesday night to take part in the WEF from Jan 23 to 27, accompanied by a 63-member delegation that includes Foreign Secretary Albert Del Rosario, Finance Secretary Cesar Purisima, Trade Secretary Gregory Domingo, Budget Secretary Florencio Abad, Socio-Economic Planning Secretary Arsenio Balisacan, Cabinet Secretary to the President Jose Rene Almendras and PCDSPO Secretary Ramon Carandang.