^
+ Follow ECONOMIC COORDINATING Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 88214
                    [Title] => Malacañang to BSP: Intervene in peso fall; BSP says no
                    [Summary] => 

Concerned over the continuing decline of the peso, Malacañang asked the Bangko Sentral ng Pilipinas (BSP) yesterday to start defending the currency "a little more vigorously" against the dollar.

The peso broke through the critical barrier yesterday, dipping to 43.40 to the dollar at the close of trading.

But BSP Gov. [DatePublished] => 2000-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804833 [AuthorName] => Marichu A. Villanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => 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] => ) [2] => Array ( [ArticleID] => 100263 [Title] => MRT debt to raise budget gap by P1.2 B [Summary] =>

Government's decision to assume the debt obligation of the Metro Rail Transit Corp. (MRT) may increase the government's budget deficit this year by P1.2 billion, Finance Secretary Jose T. [DatePublished] => 2000-03-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 95027 [Title] => Palace: Increased gov't fees to stay [Summary] =>

Malacañang rejected yesterday demands by opposition lawmakers for President Estrada to recall his order authorizing various government agencies to increase their service fees.

This developed as one lawmaker warned that the President's Executive Order 197 which was issued last Jan. [DatePublished] => 2000-02-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 94658 [Title] => Estrada scraps 'midnight' barangay phone contract [Summary] =>

President Estrada approved yesterday the scrapping of the "midnight" contract entered into by the previous Ramos administration involving the installation of telephones in the country's barangays.

The President said the contract was signed two days before he assumed office in June 1998.

The contract was a component of the P53-billion Municipal Telephone Project (MTP) which, Mr. [DatePublished] => 2000-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1199215 [AuthorName] => by MarichuVillanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 94596 [Title] => MTPO chief asks gov't to reconsider scrapping of phone lineproject [Summary] =>

The government was urged yesterday to reconsider its decision to scrap the P53-billion program to install telephone lines in the country's barangays.

Transportation and Communications Undersec-retary Willie Evangelista, head of the Municipal Telephone Project Office (MTPO) created to oversee implementation of the program, said the decision to indefinitely put off the program came all too suddenly.

Evangelista hinted that he was not even consulted by the Economic Coordinating Council (ECC) which recommended the cancellation of the program to President Estrada.

"We feel sa [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 101449 [Title] => NG to assume Napocor's P150-B debt [Summary] =>

The National Government is likely to absorb the P150-billion debt of the National Power Corp. [DatePublished] => 2000-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 86844 [Title] => Solon scores economic council for junking oil exchange proposal [Summary] =>

An administration lawmaker chided the newly formed Economic Coordinating Council (ECC) yesterday for rejecting his proposal for the setting up of an oil exchange agency without giving it a careful study.

Bataan Rep. [DatePublished] => 2000-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )

ECONOMIC COORDINATING
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 88214
                    [Title] => Malacañang to BSP: Intervene in peso fall; BSP says no
                    [Summary] => 

Concerned over the continuing decline of the peso, Malacañang asked the Bangko Sentral ng Pilipinas (BSP) yesterday to start defending the currency "a little more vigorously" against the dollar.

The peso broke through the critical barrier yesterday, dipping to 43.40 to the dollar at the close of trading.

But BSP Gov. [DatePublished] => 2000-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804833 [AuthorName] => Marichu A. Villanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => 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] => ) [2] => Array ( [ArticleID] => 100263 [Title] => MRT debt to raise budget gap by P1.2 B [Summary] =>

Government's decision to assume the debt obligation of the Metro Rail Transit Corp. (MRT) may increase the government's budget deficit this year by P1.2 billion, Finance Secretary Jose T. [DatePublished] => 2000-03-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 95027 [Title] => Palace: Increased gov't fees to stay [Summary] =>

Malacañang rejected yesterday demands by opposition lawmakers for President Estrada to recall his order authorizing various government agencies to increase their service fees.

This developed as one lawmaker warned that the President's Executive Order 197 which was issued last Jan. [DatePublished] => 2000-02-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 94658 [Title] => Estrada scraps 'midnight' barangay phone contract [Summary] =>

President Estrada approved yesterday the scrapping of the "midnight" contract entered into by the previous Ramos administration involving the installation of telephones in the country's barangays.

The President said the contract was signed two days before he assumed office in June 1998.

The contract was a component of the P53-billion Municipal Telephone Project (MTP) which, Mr. [DatePublished] => 2000-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1199215 [AuthorName] => by MarichuVillanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 94596 [Title] => MTPO chief asks gov't to reconsider scrapping of phone lineproject [Summary] =>

The government was urged yesterday to reconsider its decision to scrap the P53-billion program to install telephone lines in the country's barangays.

Transportation and Communications Undersec-retary Willie Evangelista, head of the Municipal Telephone Project Office (MTPO) created to oversee implementation of the program, said the decision to indefinitely put off the program came all too suddenly.

Evangelista hinted that he was not even consulted by the Economic Coordinating Council (ECC) which recommended the cancellation of the program to President Estrada.

"We feel sa [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 101449 [Title] => NG to assume Napocor's P150-B debt [Summary] =>

The National Government is likely to absorb the P150-billion debt of the National Power Corp. [DatePublished] => 2000-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 86844 [Title] => Solon scores economic council for junking oil exchange proposal [Summary] =>

An administration lawmaker chided the newly formed Economic Coordinating Council (ECC) yesterday for rejecting his proposal for the setting up of an oil exchange agency without giving it a careful study.

Bataan Rep. [DatePublished] => 2000-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )

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