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Economics
IBON: Proposed Budget Belies Promise of Universal Health Care PDF Print E-mail
Written by Kobakila News Service   
Saturday, 04 September 2010 12:42

Contrary to the Aquino government’s target of expanding the coverage of healthcare for all, the proposed national budget for 2011 has allotted a decreased budget for public hospitals and subsidy for indigents, according to research group IBON.

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Budget deficit highlights dangers of debt service priority, debt dependence PDF Print E-mail
Tuesday, 22 September 2009 12:54
MANILA (Sept 22) -- The national government’s budget deficit of an alarming P210 billion for January to August 2009 underscores the dangers of government’s unprecedented spending for debt service and dependence on debt, according to research group IBON, an independent development institution established in 1978 that provides research, education, publications, information work and advocacy support on socioeconomic issues.
Last Updated on Tuesday, 22 September 2009 12:55
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Economies sitting on untapped potential, says UN Under-Secretary-General PDF Print E-mail
Sunday, 09 August 2009 00:21

SINGAPORE (Aug. 9) – “For the poor and particularly for women of our region, there are some tough times ahead,” Dr. Noleen Heyzer, United Nations Under-Secretary-General and Executive Secretary of the UN Economic and Social Commission for the Asia-Pacific (ESCAP) cautioned a largely female audience at the APEC Women Leaders Network on Wednesday, Aug. 5.
Last Updated on Sunday, 09 August 2009 00:22
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RP's budget deficit for six months hits P153.4 billion PDF Print E-mail
Monday, 20 July 2009 23:53

MANILA (July 21) -- The Philippines recorded a budget shortfall of P30.2 billion in June, bringing the first-half deficit to P153.4 billion, lower than targeted deficit of P155.1 billion, Finance Secretary Margarito Teves said.

Last Updated on Monday, 20 July 2009 23:54
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APEC economies expect trade finance to improve, survey says PDF Print E-mail
Friday, 17 July 2009 23:34
SINGAPORE (July 18) --  A survey among the APEC economies has shown that 10 out of 18 surveyed APEC economies expect that the trade financing situation should ease over the next six months.  Nevertheless, the situation still bears watching given continued uncertainty in credit conditions.
Last Updated on Friday, 17 July 2009 23:35
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