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                    [Summary] => A foreign consultancy firm has warned that the Philippines may again lose grip of its fiscal stance as the huge election spending could impact on the national budget. 


The Wallace Business Forum Inc. expressed concerns that the budget deficit would go out of control due to the confusion and uncertainty caused by the May elections, which has become the benchmark for the first six months of 2004.


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WALLACE BUSINESS FORUM INC

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                    [Title] => Foreign firm warns vs impact of poll spending on budget
                    [Summary] => A foreign consultancy firm has warned that the Philippines may again lose grip of its fiscal stance as the huge election spending could impact on the national budget. 


The Wallace Business Forum Inc. expressed concerns that the budget deficit would go out of control due to the confusion and uncertainty caused by the May elections, which has become the benchmark for the first six months of 2004.


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abtest

Foreign firm warns vs impact of poll spending on budget

By Ted P. Torres | March 7, 2004 - 12:00am

A foreign consultancy firm has warned that the Philippines may again lose grip of its fiscal stance as the huge election spending could impact on the national budget. The Wallace Business Forum Inc. expressed concerns...

Business

Security Bank slates economic briefing

March 3, 2004 - 12:00am

Security Bank is organizing an economic briefing for its top-level clients today. Guest speaker Peter Wallace, head of Wallace Business Forum Inc., will discuss the economic prospects for 2004, global and local growth...

Business