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+ Follow BUDGET SECRETARY BENJAMIN DIOKNO AND ECONOMIC PLANNING SECRETARY FELIPE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 88010
                    [Title] => Gov't posts P9-B budget surplus; cuts still eyed
                    [Summary] => 

First, the good news.

The government posted a "surplus" of P9.03 billion for the first four months of this year, Finance Secretary Jose Pardo reported yesterday to President Estrada.

Now, the bad news: despite government's revenue collection exceeding its expenditures from January to April, Pardo said the Economic Coordinating Council (ECC) has recommended that the President institute mandatory five percent cuts on the budgets of all executive departments.

"When you're ahead, you have to plan ahead... [DatePublished] => 2000-05-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1199215 [AuthorName] => by MarichuVillanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )

BUDGET SECRETARY BENJAMIN DIOKNO AND ECONOMIC PLANNING SECRETARY FELIPE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 88010
                    [Title] => Gov't posts P9-B budget surplus; cuts still eyed
                    [Summary] => 

First, the good news.

The government posted a "surplus" of P9.03 billion for the first four months of this year, Finance Secretary Jose Pardo reported yesterday to President Estrada.

Now, the bad news: despite government's revenue collection exceeding its expenditures from January to April, Pardo said the Economic Coordinating Council (ECC) has recommended that the President institute mandatory five percent cuts on the budgets of all executive departments.

"When you're ahead, you have to plan ahead... [DatePublished] => 2000-05-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1199215 [AuthorName] => by MarichuVillanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )

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