+ Follow DEVELOPMENT BUDGET AND COORDINATING COUNCIL Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 314136
[Title] => Farmer groups ask government to grant NFA tariff exemption
[Summary] => Farmer groups are urging the National Government to exempt the National Food Authority (NFA) from paying tariff on its rice importations. In a resolution addressed to President Arroyo, Senate President Franklin Drilon, Senators Ramon Magsaysay, Jr. and Manuel Villar, House Speaker Jose de Venecia and Rep. Benasing Macarambon, farmer organizations said the NFA should be made as the sole rice importing agency and must be exempted from tariff obligations that are taking a toll on its financial condition.
[DatePublished] => 2005-12-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 295152
[Title] => NEDA mulls lower GDP growth target for this yr
[Summary] => Despite the lifting of the temporary retraining order (TRO) on the expanded value added tax (EVAT) law, the National Economic and Development Authority (NEDA) is planning to scale down the government’s gross domestic product (GDP) growth target of 4.5 to 5.3 percent for the current year.
In a unanimous decision handed down last week, the Supreme Court ruled that the EVAT law was constitutional and it could take effect within 15 days.
[DatePublished] => 2005-09-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 289762
[Title] => OFW remittances to hit $12-B this year
[Summary] => The government is optimistic that remittances of overseas Filipino workers (OFW) will hit an all-time high of $12 billion this year.
As of last May 31, OFW remittance had reached $4 billion, or 19.2 percent higher than the $3.3 billion posted during the same period last year.
[DatePublished] => 2005-08-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[3] => Array
(
[ArticleID] => 138763
[Title] => NG bucks Congress move to clip its fiscal flexibility
[Summary] => Faced with a bloated budget deficit which had reached P122.152 billion as of end September, the National Government is opposing moves in Congress to clip its flexibility in managing its fiscal position.
[DatePublished] => 2001-11-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 135487
[Title] => Government sticks to 2001 targets
[Summary] => The government is sticking to its macroeconomic targets for the year despite the fact that the International Monetary Fund (IMF) has scaled down its growth projections for the Philippines even before the terrorist attacks on the US.
[DatePublished] => 2001-10-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 93961
[Title] => Government maintains P145-B budget deficit target ‘attainable’
[Summary] => Government might be forced to raise its budget deficit target by P10 billion this year to P155 billion, after it slashed the Bureau of Revenue’s collection target by P20 billion to P388 billion.
"At worst, we could go beyond our budget deficit target by P10 billion," Finance Secretary Jose Isidro Camacho said even as he added that government is still sticking to its original budget deficit target of P145 billion this year.
[DatePublished] => 2001-07-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 92815
[Title] => Government slashes export growth target for 2001
[Summary] => Government has drastically cut its export growth target for this year to only one percent from the revised four percent as a result of the continuing slowdown in the economies of the US and Japan, the country’s biggest markets for locally-produced goods.
The lower export growth forecast was made by the inter-agency Development Budget and Coordinating Council (DBCC) following a steady drop in dollar earnings, particularly from electronics which account for close to 50 percent of total exports.
[DatePublished] => 2001-06-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 95474
[Title] => Government slashes export growth target for 2001
[Summary] => Government has drastically cut its export growth target for this year to only one percent from the revised four percent as a result of the continuing slowdown in the economies of the US and Japan, the country’s biggest markets for locally-produced goods.
The lower export growth forecast was made by the inter-agency Development Budget and Coordinating Council (DBCC) following a steady drop in dollar earnings, particularly from electronics which account for close to 50 percent of total exports.
[DatePublished] => 2001-06-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 95960
[Title] => Government to rely more on local sources of funds
[Summary] => The Arroyo administration will be changing its borrowing mix and rely more on local lenders which are cheaper sources of funds.
The government will rely mainly on borrowings to finance a projected budget deficit of P145 billion this year, higher than last year’s actual deficit of P136.1 billion. Government is scheduled to borrow this year P191.5 billion, less than last year’s total borrowings of P198.3 billion but higher than the original target of P180 billion.
[DatePublished] => 2001-05-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 96270
[Title] => Government to securitize P200 B in idle assets to reduce deficit
[Summary] => The Arroyo administration plans to convert an estimated P200-billion worth of non-performing assets (NPAs) into securities to help reduce government’s budget deficit and achieve a balanced budget by 2004 or 2006.
Finance Secretary Alberto Romulo said the Development Budget and Coordinating Council (DBCC) is coordinating with government’s financial advisors, JP Morgan and Morgan Stanley to come up with specific measures on how to liquidate or dispose of the NPAs.
[DatePublished] => 2001-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
DEVELOPMENT BUDGET AND COORDINATING COUNCIL
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 314136
[Title] => Farmer groups ask government to grant NFA tariff exemption
[Summary] => Farmer groups are urging the National Government to exempt the National Food Authority (NFA) from paying tariff on its rice importations. In a resolution addressed to President Arroyo, Senate President Franklin Drilon, Senators Ramon Magsaysay, Jr. and Manuel Villar, House Speaker Jose de Venecia and Rep. Benasing Macarambon, farmer organizations said the NFA should be made as the sole rice importing agency and must be exempted from tariff obligations that are taking a toll on its financial condition.
[DatePublished] => 2005-12-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 295152
[Title] => NEDA mulls lower GDP growth target for this yr
[Summary] => Despite the lifting of the temporary retraining order (TRO) on the expanded value added tax (EVAT) law, the National Economic and Development Authority (NEDA) is planning to scale down the government’s gross domestic product (GDP) growth target of 4.5 to 5.3 percent for the current year.
In a unanimous decision handed down last week, the Supreme Court ruled that the EVAT law was constitutional and it could take effect within 15 days.
[DatePublished] => 2005-09-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 289762
[Title] => OFW remittances to hit $12-B this year
[Summary] => The government is optimistic that remittances of overseas Filipino workers (OFW) will hit an all-time high of $12 billion this year.
As of last May 31, OFW remittance had reached $4 billion, or 19.2 percent higher than the $3.3 billion posted during the same period last year.
[DatePublished] => 2005-08-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[3] => Array
(
[ArticleID] => 138763
[Title] => NG bucks Congress move to clip its fiscal flexibility
[Summary] => Faced with a bloated budget deficit which had reached P122.152 billion as of end September, the National Government is opposing moves in Congress to clip its flexibility in managing its fiscal position.
[DatePublished] => 2001-11-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 135487
[Title] => Government sticks to 2001 targets
[Summary] => The government is sticking to its macroeconomic targets for the year despite the fact that the International Monetary Fund (IMF) has scaled down its growth projections for the Philippines even before the terrorist attacks on the US.
[DatePublished] => 2001-10-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 93961
[Title] => Government maintains P145-B budget deficit target ‘attainable’
[Summary] => Government might be forced to raise its budget deficit target by P10 billion this year to P155 billion, after it slashed the Bureau of Revenue’s collection target by P20 billion to P388 billion.
"At worst, we could go beyond our budget deficit target by P10 billion," Finance Secretary Jose Isidro Camacho said even as he added that government is still sticking to its original budget deficit target of P145 billion this year.
[DatePublished] => 2001-07-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 92815
[Title] => Government slashes export growth target for 2001
[Summary] => Government has drastically cut its export growth target for this year to only one percent from the revised four percent as a result of the continuing slowdown in the economies of the US and Japan, the country’s biggest markets for locally-produced goods.
The lower export growth forecast was made by the inter-agency Development Budget and Coordinating Council (DBCC) following a steady drop in dollar earnings, particularly from electronics which account for close to 50 percent of total exports.
[DatePublished] => 2001-06-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 95474
[Title] => Government slashes export growth target for 2001
[Summary] => Government has drastically cut its export growth target for this year to only one percent from the revised four percent as a result of the continuing slowdown in the economies of the US and Japan, the country’s biggest markets for locally-produced goods.
The lower export growth forecast was made by the inter-agency Development Budget and Coordinating Council (DBCC) following a steady drop in dollar earnings, particularly from electronics which account for close to 50 percent of total exports.
[DatePublished] => 2001-06-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 95960
[Title] => Government to rely more on local sources of funds
[Summary] => The Arroyo administration will be changing its borrowing mix and rely more on local lenders which are cheaper sources of funds.
The government will rely mainly on borrowings to finance a projected budget deficit of P145 billion this year, higher than last year’s actual deficit of P136.1 billion. Government is scheduled to borrow this year P191.5 billion, less than last year’s total borrowings of P198.3 billion but higher than the original target of P180 billion.
[DatePublished] => 2001-05-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 96270
[Title] => Government to securitize P200 B in idle assets to reduce deficit
[Summary] => The Arroyo administration plans to convert an estimated P200-billion worth of non-performing assets (NPAs) into securities to help reduce government’s budget deficit and achieve a balanced budget by 2004 or 2006.
Finance Secretary Alberto Romulo said the Development Budget and Coordinating Council (DBCC) is coordinating with government’s financial advisors, JP Morgan and Morgan Stanley to come up with specific measures on how to liquidate or dispose of the NPAs.
[DatePublished] => 2001-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
