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                    [Title] => RP politicians grapple for solutions as fiscal crisis clock ticks
                    [Summary] => The threat of an Argentinean-style fiscal crisis has been raised over the Philippines but the country’s politicians, accustomed to handing out money and favors, are still struggling to come to grips with it. 


While President Arroyo has called for belt-tightening and more revenue to head off a financial meltdown, legislators have mostly shied away from measures likely to make them unpopular, opting instead for unorthodox ideas such as public donation campaigns to taxing churches. 


                    [DatePublished] => 2004-09-10 00:00:00
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TRADITIONALLY PHILIPPINE

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                    [Title] => RP politicians grapple for solutions as fiscal crisis clock ticks
                    [Summary] => The threat of an Argentinean-style fiscal crisis has been raised over the Philippines but the country’s politicians, accustomed to handing out money and favors, are still struggling to come to grips with it. 


While President Arroyo has called for belt-tightening and more revenue to head off a financial meltdown, legislators have mostly shied away from measures likely to make them unpopular, opting instead for unorthodox ideas such as public donation campaigns to taxing churches. 


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abtest

RP politicians grapple for solutions as fiscal crisis clock ticks

September 10, 2004 - 12:00am

The threat of an Argentinean-style fiscal crisis has been raised over the Philippines but the country’s politicians, accustomed to handing out money and favors, are still struggling to come to grips with it....

Headlines