+ Follow DEVELOPMENT BUDGET AND COORDINATING COMMITTEE Tag
Array
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[ArticleID] => 908379
[Title] => 'Economic growth to hit targets this year'
[Summary] => Economic growth could hit government targets this year, following above-goal performance in 2012, as the Aquino administration on Wednesday vowed to ensure that expansion is sustainable and felt at the grassroots level.
[DatePublished] => 2013-02-13 15:54:01
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 844425
[Title] => Transport fare hike may stoke inflation
[Summary] => New petitions to raise passenger jeepney fares may push inflation up if granted, central bank officials said, even as they reiterated consumer price increases would fall within target this year despite the possible adjustments.
[DatePublished] => 2012-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 442918
[Title] => Balance of payments surplus projected at $500 million in 2009
[Summary] => The Philippines is expected to end this year with a balance of payments (BOP) surplus of $500 million, boosted mainly by the slowdown in trade and the reduction in the prices of imported food, oil and petroleum products.
[DatePublished] => 2009-02-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 319632
[Title] => Gov’t to boost spending this yr
[Summary] => The government is planning to increase its capital expenditures to 2.3 percent of gross domestic product (GDP) this year, marking the first time since 2002 that public capital spending has increased significantly.
The Department of Budget and Management (DBM) said yesterday that the increase in the value-added tax (VAT) rate from 10 percent to 12 percent would allow the government to increase its capital expenditures slowly over the next several years.
[DatePublished] => 2006-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 319642
[Title] => DBCC to revise 2006 economic assumptions
[Summary] => The Development Budget and Coordinating Committee (DBCC) will be revising its 2006 macroeconomic assumptions this month as the Bangko Sentral ng Pilipinas (BSP) earlier revised its key assumptions including inflation.
The DBCC is scheduled to meet on the macroeconomic numbers to bring all official figures in sync with developments in world oil prices, the growth in dollar inflows and the continued appreciation of the peso against the US dollar.
[DatePublished] => 2006-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 302069
[Title] => Senate starts work on P1.053-trillion 2006 budget
[Summary] => The Senate will start work on next year’s proposed P1.053-trillion national budget tomorrow with a briefing by the Development Budget and Coordinating Committee.
Sen. Manuel Villar Jr., Senate finance committee chairman, said the DBCC will be explaining to the Senate where the budget will be sourced from to justify its feasibility.
The proposed budget is the biggest yet, a huge jump from the P907.6 billion approved for 2005 and, according to Villar, the Executive branch will have to justify where the money is coming from.
[DatePublished] => 2005-10-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[6] => Array
(
[ArticleID] => 292599
[Title] => Government sticks to 5.3% GDP growth target for 2005
[Summary] => The National Government will stick to its gross domestic product (GDP) growth target of 5.3 percent for the whole of 2005 despite continued threats from external forces such as skyrocketing world oil prices.
"The Development Budget and Coordinating Committee (DBCC) has not made any changes to the country’s growth target," said Socioeconomic Planning Secretary Augusto B. Santos.
[DatePublished] => 2005-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 259493
[Title] => 2005 inflation may exceed target, says BSP official
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday it expects inflation this year to track the upper end of the government’s four to five-percent target range, while next year it is expected to exceed the target – which is at the same level – due to higher prices of oil and food.
BSP Assistant Governor, Diwa Guinigundo, said the consumer price index (CPI) is forecast to rise 5.2 to 5.86 percent next year.
[DatePublished] => 2004-07-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 226129
[Title] => BSP confident gov’t can meet deficit target
[Summary] => The Bangko Sentral ng Pilipinas (BSP) expressed optimism on Thursday that the National Government would meet its P202-billion budget deficit target this year with the actual figure possibly even lower than P200 billion.
Speaking before members of the Bank Marketing Association of the Philippines (BMAP), BSP Governor Rafael B. Buenaventura said monetary officials were not particularly worried about the deficit this year, saying there was no indication that there would be a repeat of the 2002 fiscal crisis.
[DatePublished] => 2003-10-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 213241
[Title] => P25-B in expected savings gives gov’t some elbow room
[Summary] => The combined effects of declining interest rates and optimistic revenue projections gives the Arroyo administration room for about P20 to P25 billion in the 2004 budget to either increase its expenditures or cut down its deficit.
Meeting early yesterday, the Development Budget and Coordinating Committee (DBCC) has directed the Department of Finance to recalculate the projected interest expense for 2004 based on lower interest rate assumptions as the benchmark 91-day T-bill rate has dropped to record lows this year.
[DatePublished] => 2003-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
DEVELOPMENT BUDGET AND COORDINATING COMMITTEE
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 908379
[Title] => 'Economic growth to hit targets this year'
[Summary] => Economic growth could hit government targets this year, following above-goal performance in 2012, as the Aquino administration on Wednesday vowed to ensure that expansion is sustainable and felt at the grassroots level.
[DatePublished] => 2013-02-13 15:54:01
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 844425
[Title] => Transport fare hike may stoke inflation
[Summary] => New petitions to raise passenger jeepney fares may push inflation up if granted, central bank officials said, even as they reiterated consumer price increases would fall within target this year despite the possible adjustments.
[DatePublished] => 2012-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 442918
[Title] => Balance of payments surplus projected at $500 million in 2009
[Summary] => The Philippines is expected to end this year with a balance of payments (BOP) surplus of $500 million, boosted mainly by the slowdown in trade and the reduction in the prices of imported food, oil and petroleum products.
[DatePublished] => 2009-02-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 319632
[Title] => Gov’t to boost spending this yr
[Summary] => The government is planning to increase its capital expenditures to 2.3 percent of gross domestic product (GDP) this year, marking the first time since 2002 that public capital spending has increased significantly.
The Department of Budget and Management (DBM) said yesterday that the increase in the value-added tax (VAT) rate from 10 percent to 12 percent would allow the government to increase its capital expenditures slowly over the next several years.
[DatePublished] => 2006-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 319642
[Title] => DBCC to revise 2006 economic assumptions
[Summary] => The Development Budget and Coordinating Committee (DBCC) will be revising its 2006 macroeconomic assumptions this month as the Bangko Sentral ng Pilipinas (BSP) earlier revised its key assumptions including inflation.
The DBCC is scheduled to meet on the macroeconomic numbers to bring all official figures in sync with developments in world oil prices, the growth in dollar inflows and the continued appreciation of the peso against the US dollar.
[DatePublished] => 2006-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 302069
[Title] => Senate starts work on P1.053-trillion 2006 budget
[Summary] => The Senate will start work on next year’s proposed P1.053-trillion national budget tomorrow with a briefing by the Development Budget and Coordinating Committee.
Sen. Manuel Villar Jr., Senate finance committee chairman, said the DBCC will be explaining to the Senate where the budget will be sourced from to justify its feasibility.
The proposed budget is the biggest yet, a huge jump from the P907.6 billion approved for 2005 and, according to Villar, the Executive branch will have to justify where the money is coming from.
[DatePublished] => 2005-10-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[6] => Array
(
[ArticleID] => 292599
[Title] => Government sticks to 5.3% GDP growth target for 2005
[Summary] => The National Government will stick to its gross domestic product (GDP) growth target of 5.3 percent for the whole of 2005 despite continued threats from external forces such as skyrocketing world oil prices.
"The Development Budget and Coordinating Committee (DBCC) has not made any changes to the country’s growth target," said Socioeconomic Planning Secretary Augusto B. Santos.
[DatePublished] => 2005-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 259493
[Title] => 2005 inflation may exceed target, says BSP official
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday it expects inflation this year to track the upper end of the government’s four to five-percent target range, while next year it is expected to exceed the target – which is at the same level – due to higher prices of oil and food.
BSP Assistant Governor, Diwa Guinigundo, said the consumer price index (CPI) is forecast to rise 5.2 to 5.86 percent next year.
[DatePublished] => 2004-07-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 226129
[Title] => BSP confident gov’t can meet deficit target
[Summary] => The Bangko Sentral ng Pilipinas (BSP) expressed optimism on Thursday that the National Government would meet its P202-billion budget deficit target this year with the actual figure possibly even lower than P200 billion.
Speaking before members of the Bank Marketing Association of the Philippines (BMAP), BSP Governor Rafael B. Buenaventura said monetary officials were not particularly worried about the deficit this year, saying there was no indication that there would be a repeat of the 2002 fiscal crisis.
[DatePublished] => 2003-10-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 213241
[Title] => P25-B in expected savings gives gov’t some elbow room
[Summary] => The combined effects of declining interest rates and optimistic revenue projections gives the Arroyo administration room for about P20 to P25 billion in the 2004 budget to either increase its expenditures or cut down its deficit.
Meeting early yesterday, the Development Budget and Coordinating Committee (DBCC) has directed the Department of Finance to recalculate the projected interest expense for 2004 based on lower interest rate assumptions as the benchmark 91-day T-bill rate has dropped to record lows this year.
[DatePublished] => 2003-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
February 13, 2013 - 3:54pm
September 2, 2012 - 12:00am
October 16, 2005 - 12:00am
