+ Follow SOCIOECONOMIC PLANNING SECRETARY FELIPE M Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 96661
[Title] => December inflation surges to 6.6% : Highest rate in 19 months
[Summary] => Inflation surged to a 19-month high of 6.6 percent in December due to rising food and fuel prices and the sharp depreciation of the peso against the dollar, the National Statistics Office announced yesterday.
The NSO said for the whole of 2000, inflation averaged 4.4 percent, way below the government’s inflation target of five percent to six percent and significantly lower than the 1999 average of 6.7 percent.
The latest inflation rate was 0.6 percentage point higher than November’s six percent.
[DatePublished] => 2001-01-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 100618
[Title] => Little improvement seen in bank lending
[Summary] =>
Bank lending is not likely to grow substantially in the first three months this
year, Socioeconomic Planning Secretary Felipe M. Medalla said yesterday.
"It will not be enough to attain the original two to three percent growth
target (in bank loans) for the first six months of the year," Felipe M. Medalla
told newsmen in a briefing.
Medalla said the demand for new loans still depends on the willingness of
commercial banks to extend credit despite a downward trend in Treasury bill
(T-bill) rates.
[DatePublished] => 2000-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
SOCIOECONOMIC PLANNING SECRETARY FELIPE M
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 96661
[Title] => December inflation surges to 6.6% : Highest rate in 19 months
[Summary] => Inflation surged to a 19-month high of 6.6 percent in December due to rising food and fuel prices and the sharp depreciation of the peso against the dollar, the National Statistics Office announced yesterday.
The NSO said for the whole of 2000, inflation averaged 4.4 percent, way below the government’s inflation target of five percent to six percent and significantly lower than the 1999 average of 6.7 percent.
The latest inflation rate was 0.6 percentage point higher than November’s six percent.
[DatePublished] => 2001-01-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 100618
[Title] => Little improvement seen in bank lending
[Summary] =>
Bank lending is not likely to grow substantially in the first three months this
year, Socioeconomic Planning Secretary Felipe M. Medalla said yesterday.
"It will not be enough to attain the original two to three percent growth
target (in bank loans) for the first six months of the year," Felipe M. Medalla
told newsmen in a briefing.
Medalla said the demand for new loans still depends on the willingness of
commercial banks to extend credit despite a downward trend in Treasury bill
(T-bill) rates.
[DatePublished] => 2000-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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