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                    [Title] => OFW inflows may not be sustainable — economists
                    [Summary] => 



Economists warned the government that inflows from overseas Filipino workers (OFWs) may not be sustainable given the declining public spending on education and human resources.


Remittances have become more economically significant, but the International Monetary Fund (IMF) said that while important, remittances should not be seen as a solution to economic and financial woes in the developing world.


                    [DatePublished] => 2006-09-23 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
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                    [ArticleID] => 260692
                    [Title] => RP has third biggest budget deficit in S Asia
                    [Summary] => The Philippines has the third biggest budget deficit in South Asia in relation to total domestic production, the Department of Finance (DOF) reported yesterday.


Government  officials  said this situation could aggravate the country’s total debt burden unless new taxes are imposed to increase revenues.


                    [DatePublished] => 2004-08-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 96542
                    [Title] => GSIS, SSS may run short of funds by 2003
                    [Summary] => The Social Security System (SSS) and the Government Service Insurance System (GSIS) are in danger of defaulting on their obligations to their members as experts estimate that both government-owned pension funds face negative flows by 2003.


Precipitated by bad investments decisions, a government-commissioned study indicated that both the SSS and GSIS were facing potentially serious problems resulting from negative flows, including the possibility of defaulting on their contractual obligations to their members.


                    [DatePublished] => 2001-03-27 00:00:00
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LAZARO BERNARDO TIU

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                    [ArticleID] => 359472
                    [Title] => OFW inflows may not be sustainable — economists
                    [Summary] => 



Economists warned the government that inflows from overseas Filipino workers (OFWs) may not be sustainable given the declining public spending on education and human resources.


Remittances have become more economically significant, but the International Monetary Fund (IMF) said that while important, remittances should not be seen as a solution to economic and financial woes in the developing world.


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                    [ArticleID] => 260692
                    [Title] => RP has third biggest budget deficit in S Asia
                    [Summary] => The Philippines has the third biggest budget deficit in South Asia in relation to total domestic production, the Department of Finance (DOF) reported yesterday.


Government  officials  said this situation could aggravate the country’s total debt burden unless new taxes are imposed to increase revenues.


                    [DatePublished] => 2004-08-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 96542
                    [Title] => GSIS, SSS may run short of funds by 2003
                    [Summary] => The Social Security System (SSS) and the Government Service Insurance System (GSIS) are in danger of defaulting on their obligations to their members as experts estimate that both government-owned pension funds face negative flows by 2003.


Precipitated by bad investments decisions, a government-commissioned study indicated that both the SSS and GSIS were facing potentially serious problems resulting from negative flows, including the possibility of defaulting on their contractual obligations to their members.


                    [DatePublished] => 2001-03-27 00:00:00
                    [ColumnID] => 133272
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abtest

OFW inflows may not be sustainable — economists

By Des Ferriols | September 23, 2006 - 12:00am

Economists warned the government that inflows from overseas Filipino workers (OFWs) may not be sustainable given the declining public spending on education and human resources. Remittances have become more...

Business

RP has third biggest budget deficit in S Asia

By Des Ferriols | August 10, 2004 - 12:00am

The Philippines has the third biggest budget deficit in South Asia in relation to total domestic production, the Department of Finance (DOF) reported yesterday. Government officials said this situation could aggravate...

Business

GSIS, SSS may run short of funds by 2003

March 27, 2001 - 12:00am

The Social Security System (SSS) and the Government Service Insurance System (GSIS) are in danger of defaulting on their obligations to their members as experts estimate that both government-owned pension funds face...

Business