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                    [ArticleID] => 164657
                    [Title] => IMF backs GMA economic program
                    [Summary] => The International Monetary Fund (IMF) expressed its confidence yesterday in President Arroyo’s economic program, but voiced apprehension over falling tax revenues.


IMF officials said the administration has to improve its tax collection so it can meet its P130-billion budget deficit target this year.


At the same time, they expressed hope that senators would break their stalemate soon so that legislation that could unlock billions of dollars in potential investments could be passed.


                    [DatePublished] => 2002-06-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1389891
                    [AuthorName] => Jezz Diaz
                    [SectionName] => Business
                    [SectionUrl] => business
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BAS BAKKER AND CHRISTOPH DUENWALD

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                    [ArticleID] => 164657
                    [Title] => IMF backs GMA economic program
                    [Summary] => The International Monetary Fund (IMF) expressed its confidence yesterday in President Arroyo’s economic program, but voiced apprehension over falling tax revenues.


IMF officials said the administration has to improve its tax collection so it can meet its P130-billion budget deficit target this year.


At the same time, they expressed hope that senators would break their stalemate soon so that legislation that could unlock billions of dollars in potential investments could be passed.


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IMF backs GMA economic program

By Jezz Diaz | June 15, 2002 - 12:00am

The International Monetary Fund (IMF) expressed its confidence yesterday in President Arroyo’s economic program, but voiced apprehension over falling tax revenues. IMF officials said the administration has...

Business