^
+ Follow DEVELOPMENT AND BUDGET COORDINATING COUNCIL Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 262679
                    [Title] => Arroyo rallies nation: Let’s all pitch in
                    [Summary] => President Arroyo called yesterday on Filipinos and national leaders to "move forward in one direction" so the country can hurdle its fiscal woes.


In a statement, Mrs. Arroyo said a looming fiscal crisis could set in unless new taxes and cost-cutting measures are imposed by the government immediately.

"The Filipino can do it if we think as a nation," she said in a statement from Malacañang.
[DatePublished] => 2004-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 262432 [Title] => Four economic managers retained [Summary] => Although President Arroyo has made sweeping changes in her Cabinet, her economic advisers, who are helping her deal with the fiscal crisis, will remain intact.

Mrs. Arroyo has decided to retain Finance Secretary Juanita Amatong, Trade Secretary Cesar Purisima, Budget Secretary Emilia Boncodin and National Economic and Development Authority Director General Romulo Neri.
[DatePublished] => 2004-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 154378 [Title] => 91-day T-bill yield drops to 5.488% [Summary] => Interest rates plunged to record lows in yesterday’s auction with the yield for the bellwether 91-day Treasury bill (T-bill) dropping by a sharp 122.6 basis points to settle at 5.488 percent. [DatePublished] => 2002-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 138982 [Title] => Government may revise this year’s targets [Summary] => With a weakening economy and an anticipated economic fallout resulting from the current war against terrorism, the government may take another look at its growth projections for the year. [DatePublished] => 2001-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 136692 [Title] => Lawmakers to receive P18 billion in ‘pork’ [Summary] => Senators and congressmen will have nearly P18 billion in pork barrel funds next year.

The amount is included in the version of the 2002 national budget that the House appropriations committee chaired by Rep. Rolando Andaya Jr. (Lakas, Camarines Sur) is set to endorse tomorrow.

But Andaya said the money will be used only for "good cholesterol" projects such as farm-to-market roads, classrooms and post-harvest facilities.
[DatePublished] => 2001-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 96943 [Title] => IMF exit program hinges on budget performance [Summary] => Keeping the government’s budget deficit within set targets will be crucial to a planned exit program with the International Monetary Fund (IMF).

Bangko Sentral ng Pilipinas Governor (BSP) Rafael Buenaventura who, along with officials of the Development and Budget Coordinating Council (DBCC) led by Finance Secretary Alberto Romulo met over the weekend to discuss government’s financial health, said one of the key issues they discussed was whether government is capable of pursuing a post program monitoring with the IMF.
[DatePublished] => 2001-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96902 [Title] => Government eyes P7 B from sale of assets [Summary] => The government will privatize several state-owned assets to help fill a projected deficit of P130 to P145 billion this year.

Finance Secretary Alberto Romulo said the Arroyo administration will proceed with the disposal of a number of state-owned assets that the Estrada administration failed to sell last year.
[DatePublished] => 2001-02-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 96883 [Title] => National government sets 2001 deficit target at P145 B [Summary] => Finance Secretary Alberto Romulo said yesterday the government will not allow this year’s budget deficit to go beyond P145 billion.

Romulo said he has directed the Development and Budget Coordinating Council (DBCC) to work out austerity measures as well as programs to improve revenue to ensure this year’s budget gap will not exceed 3.9 percent of gross national products (GNP).
[DatePublished] => 2001-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DEVELOPMENT AND BUDGET COORDINATING COUNCIL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 262679
                    [Title] => Arroyo rallies nation: Let’s all pitch in
                    [Summary] => President Arroyo called yesterday on Filipinos and national leaders to "move forward in one direction" so the country can hurdle its fiscal woes.


In a statement, Mrs. Arroyo said a looming fiscal crisis could set in unless new taxes and cost-cutting measures are imposed by the government immediately.

"The Filipino can do it if we think as a nation," she said in a statement from Malacañang.
[DatePublished] => 2004-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 262432 [Title] => Four economic managers retained [Summary] => Although President Arroyo has made sweeping changes in her Cabinet, her economic advisers, who are helping her deal with the fiscal crisis, will remain intact.

Mrs. Arroyo has decided to retain Finance Secretary Juanita Amatong, Trade Secretary Cesar Purisima, Budget Secretary Emilia Boncodin and National Economic and Development Authority Director General Romulo Neri.
[DatePublished] => 2004-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 154378 [Title] => 91-day T-bill yield drops to 5.488% [Summary] => Interest rates plunged to record lows in yesterday’s auction with the yield for the bellwether 91-day Treasury bill (T-bill) dropping by a sharp 122.6 basis points to settle at 5.488 percent. [DatePublished] => 2002-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 138982 [Title] => Government may revise this year’s targets [Summary] => With a weakening economy and an anticipated economic fallout resulting from the current war against terrorism, the government may take another look at its growth projections for the year. [DatePublished] => 2001-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 136692 [Title] => Lawmakers to receive P18 billion in ‘pork’ [Summary] => Senators and congressmen will have nearly P18 billion in pork barrel funds next year.

The amount is included in the version of the 2002 national budget that the House appropriations committee chaired by Rep. Rolando Andaya Jr. (Lakas, Camarines Sur) is set to endorse tomorrow.

But Andaya said the money will be used only for "good cholesterol" projects such as farm-to-market roads, classrooms and post-harvest facilities.
[DatePublished] => 2001-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 96943 [Title] => IMF exit program hinges on budget performance [Summary] => Keeping the government’s budget deficit within set targets will be crucial to a planned exit program with the International Monetary Fund (IMF).

Bangko Sentral ng Pilipinas Governor (BSP) Rafael Buenaventura who, along with officials of the Development and Budget Coordinating Council (DBCC) led by Finance Secretary Alberto Romulo met over the weekend to discuss government’s financial health, said one of the key issues they discussed was whether government is capable of pursuing a post program monitoring with the IMF.
[DatePublished] => 2001-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96902 [Title] => Government eyes P7 B from sale of assets [Summary] => The government will privatize several state-owned assets to help fill a projected deficit of P130 to P145 billion this year.

Finance Secretary Alberto Romulo said the Arroyo administration will proceed with the disposal of a number of state-owned assets that the Estrada administration failed to sell last year.
[DatePublished] => 2001-02-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 96883 [Title] => National government sets 2001 deficit target at P145 B [Summary] => Finance Secretary Alberto Romulo said yesterday the government will not allow this year’s budget deficit to go beyond P145 billion.

Romulo said he has directed the Development and Budget Coordinating Council (DBCC) to work out austerity measures as well as programs to improve revenue to ensure this year’s budget gap will not exceed 3.9 percent of gross national products (GNP).
[DatePublished] => 2001-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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