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                    [ArticleID] => 374613
                    [Title] => WB, ADB caution poll spending in 2007 may negate RP’s fiscal gains
                    [Summary] => 



Two of the country’s biggest institutional lenders have advised the government to make sure that economic gains achieved through increased taxation will not be negated by the May 2007 national elections. 


In separate statements, the Asian Development Bank (ADB) and the World Bank said the fiscal gains, which contributed to an improved economy, should not be sacrificed just because of the electoral process early next year. 


                    [DatePublished] => 2006-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 368849
                    [Title] => WB upgrades RP growth outlook to 5.5% this year
                    [Summary] => 



The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino workers.


In its latest twice-yearly growth outlook on East Asia, the bank also upgraded its 2007 gross domestic product (GDP) forecast to 5.7 percent from 5.6 percent, pointing out that the Philippines can withstand a possible slowdown in the US economy.


                    [DatePublished] => 2006-11-15 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
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                    [ArticleID] => 374613
                    [Title] => WB, ADB caution poll spending in 2007 may negate RP’s fiscal gains
                    [Summary] => 



Two of the country’s biggest institutional lenders have advised the government to make sure that economic gains achieved through increased taxation will not be negated by the May 2007 national elections. 


In separate statements, the Asian Development Bank (ADB) and the World Bank said the fiscal gains, which contributed to an improved economy, should not be sacrificed just because of the electoral process early next year. 


                    [DatePublished] => 2006-12-12 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Ma. Elisa Osorio 
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                )

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                    [ArticleID] => 368849
                    [Title] => WB upgrades RP growth outlook to 5.5% this year
                    [Summary] => 



The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino workers.


In its latest twice-yearly growth outlook on East Asia, the bank also upgraded its 2007 gross domestic product (GDP) forecast to 5.7 percent from 5.6 percent, pointing out that the Philippines can withstand a possible slowdown in the US economy.


                    [DatePublished] => 2006-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

WB, ADB caution poll spending in 2007 may negate RP’s fiscal gains

By Ma. Elisa Osorio  | December 12, 2006 - 12:00am

Two of the country’s biggest institutional lenders have advised the government to make sure that economic gains achieved through increased taxation will not be negated by the May 2007 national elections....

Business

WB upgrades RP growth outlook to 5.5% this year

By Ma. Elisa Osorio  | November 15, 2006 - 12:00am

The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino...

Business