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Bill vs underperforming GOCCs backed

A measure that aims to abolish underperforming Government-owned and -Controlled (GOCC) and Government Financial Institutions (GFIs) has been drawing support beyond the House of Representatives as local leaders recognize the need for austerity measures in the government.

Budget Surplus

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WASHINGTON D.C. (via PLDT) – President Aquino announced yesterday that the government posted a P9.22-billion budget surplus in August due to higher tax revenues. The Chief Executive made the surprise announcement about the government’s fiscal position last month during his meeting with the Filipino communities from Washington, Maryland and Virginia. Finance Secretary Cesar V. Purisima, […]

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by Freddie G .Lazaro VIGAN CITY, Philippines (PIA) — Senator Manuel Villar had asked the national government to review its plan to raise fees considering that this is ill-timed in the face of continuous price increases. In a press statement received here, Villar, who is the chairman of the Committee on Economic Affairs, said aside […]

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