Albay 2nd district Rep. Joey Salceda has agreed with Department of Finance Secretary Benjamin Diokno on the need to craft a medium-term fiscal plan, which the 19th Congress will institutionalize via a joint resolution.This was revealed by Salceda on Monday, July 18, after he met Diokno last weekend to discuss the government’s fiscal management strategy under President Ferdinand “Bongbong” Marcos Jr.
Salceda added he committed to file the Joint Resolution, “awaiting the incoming Speaker’s instructions”. The committee, chaired by Salceda, is ready to provide the needed legislative support for the revenue base under the joint resolution.17.6 percent of the gross domestic product and reduce expenditures of GDP to 20.6 percent.
Salceda cited that the goals will be institutionalized through a Joint Resolution of Congress, similar to the Joint Resolution 1, 2018 on the Military and Uniformed Personnel Salaries.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Salceda pitches P2.25-T infra program for Marcos admin: ‘It’s bigger than Build, Build, Build'Albay 2nd district Rep. Joey Salceda, has proposed a “Build, Build More” infrastructure program for the Marcos administration that would amount to some P2.25 trillion in spending by the end of the President’s term. Pump priming as a strategy sounds good. As long as Build, Build More doesn’t turn out as Bulsa, Bulsa More. I hope BBB big ticket projects is spread to every province and city, not just in Luzon. Albay rep. Joey Salceda proposes a bolder & broader economic stimulus in the form of P2.25 trillion in infra projects encompassing PBMM's entire term.
Source: manilabulletin - 🏆 25. / 51 Read more »
UN rapporteur condemns Ressa cyber libel conviction, calls for gov’t interventionUnited Nations Special Rapporteur on freedom of opinion and expression Irene Khan has denounced the recent decision of the Court of Appeals (CA) to uphold the cyber libel conviction of journalist Maria Ressa, calling for government intervention into the matter and the decriminalization of libel. lahat hinahanapan ni maria ressa ng accountability kasama ang gobyerno and even tech companies para sa mga bagay na hindi sya pabor. bakit pag sya na ang nahatulan gusto nya wala ng accountability na manggagaling sa kanya? ano sya sa mundo? 🤣 PHIL has SOCIALISTS TYPE GOVT and there is nothing UN can do it.. FREEDOM OF PRESS is controlled by the govt since DUTAE took office Buti nga sau😅😅😅
Source: gmanews - 🏆 11. / 68 Read more »
Pimentel: Senate minority to seek reasonable separation package for gov’t officials to be affected by rightsizing plansSenator Aquilino “Koko” Pimentel III on Sunday, July 17 vowed to scrutinize the Department of Budget and Management’s (DBM) plan to rightsize the bureaucracy once the Senate has received the proposal in the next few weeks. Austerity measures must be supported to prevent our country from suffering the fate of Sri Lanka. Bakit pa kami maniniwala sa iyo koko? Kumampi ka kay duterte. Ninakawan ka ng partido. Hindi ka na credible.
Source: manilabulletin - 🏆 25. / 51 Read more »
ICC calls on Philippine gov’t to comment on reopening of drug war probeThe Hague-based International Criminal Court (ICC) has called on the Philippines to provide observations on its request to reopen the investigation into the Duterte administration&39;s deadly anti-drugs campaign. Hilarious! 🤣🤣🤣 😂 hindi papayag si Dyunyor, magkakampi yun eh.
Source: gmanews - 🏆 11. / 68 Read more »
A first look at the medium-term fiscal program - BusinessWorld OnlineI am pleased to share with readers a post that Christine Tang and I wrote for Globalsource Partners (globalsourcepartners.com) subscribers on the Philippines fiscal outlook. We are their Philippine Advisers.
Source: bworldph - 🏆 9. / 68 Read more »
CTA affirms canceled tax assessment on shipping company - BusinessWorld OnlineThe Court of Tax Appeals (CTA) affirmed the cancellation of the tax assessment on NYK-FILJAPAN Shipping Corp. worth P25.45 million, including interests and penalties for the fiscal year 2007. READ:
Source: bworldph - 🏆 9. / 68 Read more »