Cesar Purisima is Emerging Markets Finance Minister of 2011

London—Emerging Markets announced on Saturday that Finance Secretary Cesar Purisima had won the 2011 Emerging Markets Finance Minister of the Year Award for Asia.

The award recognizes Purisima’s “strong policy track record and steadfast commitment to maintaining economic stability over the past 12 months.”

“Secretary Purisima’s decisive action upon taking office to enforce greater fiscal discipline allowed the economy to grow strongly last year and to insulate it from heightened market sensitivity to sovereign indebtedness,” said Taimur Ahmad, editor of Emerging Markets.

“Secretary Purisima has been consistently clear in his policy intentions and has worked hard to ensure strong policy coordination,” he added.

The annual Emerging Markets Central Bank Governor and Finance Minister of the Year awards recognize the leading policymakers in each region.

The awards are chosen by Emerging Markets’ editorial team, taking into account the views of leading regional experts.

The winners are announced in Emerging Markets’ daily newspapers published at the IMF and World Bank annual meetings each year, with the award-winning policy makers honored at an annual awards ceremony during the IMF and World Bank annual meetings.

Emerging Markets is a source of news, analysis and commentary on economic policy, international economics and global financial markets.