^
+ Follow FINANCE UNDERSECRETARY JUANITA AMATONG Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 229049
                    [Title] => Who will replace Camacho?
                    [Summary] => The initial reaction of the market to the resignation of Finance Secretary Jose Isidro Camacho will have spill-over effects this week as the market speculates who will replace Camacho.


The market is expected to eventually lump Camacho’s resignation together with the rest of political noise building up towards the elections.

Over the weekend, various names have also emerged as possible candidates for Camacho’s position although Camacho himself has already made a recommendation that the President has not acted upon yet.
[DatePublished] => 2003-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 228908 [Title] => Finance sec.Camacho nag-resign [Summary] => Nagharap na ng kanyang irrevocable resignation si Finance Secretary Jose Isidro Camacho at ang kanyang pagbibitiw sa puwesto ay tinanggap naman ni Pangulong Arroyo.

Ayon kay Presidential Chief of Staff Rigoberto Tiglao, hindi nasorpresa ang Palasyo sa pagbibitiw sa puwesto ni Camacho dahil noon pa mang Hulyo naghayag na ito ng intensiyong umalis sa posisyon para bumalik sa pribadong sektor.

Napigil lang anya ang pagtanggap sa pagbibitiw nito bunga na rin ng nangyaring Oakwood mutiny noong Hulyo 27.
[DatePublished] => 2003-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [2] => Array ( [ArticleID] => 222397 [Title] => WB, USAID to finance Mindanao Peace Fund [Summary] => The World Bank and the US Agency for International Development (USAID) have agreed to provide the initial funding for the so-called Peace Fund, a $50-million grant facility intended for development projects in the war-torn areas of Mindanao.

This developed as the Islamic Development Bank made a commitment to revive a $16-million grant facility that had been available but untapped since 1996.
[DatePublished] => 2003-09-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 216882 [Title] => RP, China near accord on $1-B currency swap [Summary] => As more countries are exiting from the tutelage of the International Monetary Fund (IMF), Asian countries are eyeing a bigger part in stabilizing regional currencies by allowing countries like the Philippines greater access to the funds under the so-called Chang Mai Agreement.

This developed as the Philippines and China entered the final stages of negotiations for the $1-billion bilateral currency swap agreement under the Chang Mai facility, inching the agreement towards completion within the year.
[DatePublished] => 2003-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 192534 [Title] => Government, World Bank ink $33.6-M ARMM Social Fund [Summary] => DAVAO CITY — The government and the World Bank signed here last Monday a $33.6-million loan agreement that would make up the five-year Autonomous Region in Muslim Mindanao Social Fund Project (ASFP).

World Bank country director Vance Pulley said Japan’s international aid agency would make available an additional $20 million later this year, raising the ASFP’s total amount to over $50 million.

Finance Undersecretary Juanita Amatong signed the agreement on behalf of the government, while ARMM Gov. Parouk Hussin stood as witness.
[DatePublished] => 2003-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [5] => Array ( [ArticleID] => 162020 [Title] => ADB agrees to renegotiate terms of grains sector loan [Summary] => The Asian Development Bank (ADB) has agreed to renegotiate its conditions to the third tranche of the Grains Sector Development Program Loan, including the privatization of the National Food Authority (NFA)’s grains trading operations.

The controversial loan has two components: the $100-million program loan and the $75-million investment loan. It was intended for balance of payment support and carried several critical policy conditions that the government has repeatedly failed to meet.
[DatePublished] => 2002-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 161547 [Title] => Arroyo government eyes $5.5-M debt-for-nature deal with US [Summary] => The Arroyo Administration is negotiating with the US Agency for International Development (USAID) for a $5.5-million debt-for-nature swap as the Bush administration agreed to ease the Philippines’ debt burden in exchange for allowing US troops back into the country.

The Department of Finance said US and Philippine officials are now reconciling their records to determine exactly how much the Philippines still owes the US and which of these debts would be covered in the swap.
[DatePublished] => 2002-05-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 161132 [Title] => WB team in RP for talks on $200-M loan [Summary] => A seven-man appraisal mission from the World Bank is in town to meet with local officials in preparation for negotiations on the $200-million Public Finance Strengthening Loan, formerly known as the Public Sector Reform Loan (PSRL).

The team is headed by mission leader Lloyd Mckay. They are here to evaluate the country’s performance and policies on key economic issues relevant to the coverage of the proposed loan.
[DatePublished] => 2002-05-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 156862 [Title] => RP eyes $100-M WB loan for social expenditures [Summary] => Government is negotiating a new $100-million program loan with the World Bank this month to fund phase 2 of its Social Expenditures Management (SEM) program.

Finance Undersecretary Juanita Amatong told reporters yesterday that the WB extended loans in the past for the SEM program for the health, education and social work sectors.

"The initial reform program covered the Department of Health," Amatong said.
[DatePublished] => 2002-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 153609 [Title] => NCC sets regulatory guidelines [Summary] => The National Credit Council (NCC) is working overtime to standardize the proper regulatory framework for the microfinance and the cooperative sectors. The NCC is a government policy-making entity.

It approved recently the standardization of the chart of accounts of cooperatives that should help improve loan disbursement to the 54,000 cooperatives spread out nationwide.

As of last record, P4 billion has reportedly been released through cooperatives, which in turn cater to the small and micro enterprises.
[DatePublished] => 2002-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
FINANCE UNDERSECRETARY JUANITA AMATONG
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 229049
                    [Title] => Who will replace Camacho?
                    [Summary] => The initial reaction of the market to the resignation of Finance Secretary Jose Isidro Camacho will have spill-over effects this week as the market speculates who will replace Camacho.


The market is expected to eventually lump Camacho’s resignation together with the rest of political noise building up towards the elections.

Over the weekend, various names have also emerged as possible candidates for Camacho’s position although Camacho himself has already made a recommendation that the President has not acted upon yet.
[DatePublished] => 2003-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 228908 [Title] => Finance sec.Camacho nag-resign [Summary] => Nagharap na ng kanyang irrevocable resignation si Finance Secretary Jose Isidro Camacho at ang kanyang pagbibitiw sa puwesto ay tinanggap naman ni Pangulong Arroyo.

Ayon kay Presidential Chief of Staff Rigoberto Tiglao, hindi nasorpresa ang Palasyo sa pagbibitiw sa puwesto ni Camacho dahil noon pa mang Hulyo naghayag na ito ng intensiyong umalis sa posisyon para bumalik sa pribadong sektor.

Napigil lang anya ang pagtanggap sa pagbibitiw nito bunga na rin ng nangyaring Oakwood mutiny noong Hulyo 27.
[DatePublished] => 2003-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [2] => Array ( [ArticleID] => 222397 [Title] => WB, USAID to finance Mindanao Peace Fund [Summary] => The World Bank and the US Agency for International Development (USAID) have agreed to provide the initial funding for the so-called Peace Fund, a $50-million grant facility intended for development projects in the war-torn areas of Mindanao.

This developed as the Islamic Development Bank made a commitment to revive a $16-million grant facility that had been available but untapped since 1996.
[DatePublished] => 2003-09-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 216882 [Title] => RP, China near accord on $1-B currency swap [Summary] => As more countries are exiting from the tutelage of the International Monetary Fund (IMF), Asian countries are eyeing a bigger part in stabilizing regional currencies by allowing countries like the Philippines greater access to the funds under the so-called Chang Mai Agreement.

This developed as the Philippines and China entered the final stages of negotiations for the $1-billion bilateral currency swap agreement under the Chang Mai facility, inching the agreement towards completion within the year.
[DatePublished] => 2003-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 192534 [Title] => Government, World Bank ink $33.6-M ARMM Social Fund [Summary] => DAVAO CITY — The government and the World Bank signed here last Monday a $33.6-million loan agreement that would make up the five-year Autonomous Region in Muslim Mindanao Social Fund Project (ASFP).

World Bank country director Vance Pulley said Japan’s international aid agency would make available an additional $20 million later this year, raising the ASFP’s total amount to over $50 million.

Finance Undersecretary Juanita Amatong signed the agreement on behalf of the government, while ARMM Gov. Parouk Hussin stood as witness.
[DatePublished] => 2003-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [5] => Array ( [ArticleID] => 162020 [Title] => ADB agrees to renegotiate terms of grains sector loan [Summary] => The Asian Development Bank (ADB) has agreed to renegotiate its conditions to the third tranche of the Grains Sector Development Program Loan, including the privatization of the National Food Authority (NFA)’s grains trading operations.

The controversial loan has two components: the $100-million program loan and the $75-million investment loan. It was intended for balance of payment support and carried several critical policy conditions that the government has repeatedly failed to meet.
[DatePublished] => 2002-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 161547 [Title] => Arroyo government eyes $5.5-M debt-for-nature deal with US [Summary] => The Arroyo Administration is negotiating with the US Agency for International Development (USAID) for a $5.5-million debt-for-nature swap as the Bush administration agreed to ease the Philippines’ debt burden in exchange for allowing US troops back into the country.

The Department of Finance said US and Philippine officials are now reconciling their records to determine exactly how much the Philippines still owes the US and which of these debts would be covered in the swap.
[DatePublished] => 2002-05-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 161132 [Title] => WB team in RP for talks on $200-M loan [Summary] => A seven-man appraisal mission from the World Bank is in town to meet with local officials in preparation for negotiations on the $200-million Public Finance Strengthening Loan, formerly known as the Public Sector Reform Loan (PSRL).

The team is headed by mission leader Lloyd Mckay. They are here to evaluate the country’s performance and policies on key economic issues relevant to the coverage of the proposed loan.
[DatePublished] => 2002-05-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 156862 [Title] => RP eyes $100-M WB loan for social expenditures [Summary] => Government is negotiating a new $100-million program loan with the World Bank this month to fund phase 2 of its Social Expenditures Management (SEM) program.

Finance Undersecretary Juanita Amatong told reporters yesterday that the WB extended loans in the past for the SEM program for the health, education and social work sectors.

"The initial reform program covered the Department of Health," Amatong said.
[DatePublished] => 2002-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 153609 [Title] => NCC sets regulatory guidelines [Summary] => The National Credit Council (NCC) is working overtime to standardize the proper regulatory framework for the microfinance and the cooperative sectors. The NCC is a government policy-making entity.

It approved recently the standardization of the chart of accounts of cooperatives that should help improve loan disbursement to the 54,000 cooperatives spread out nationwide.

As of last record, P4 billion has reportedly been released through cooperatives, which in turn cater to the small and micro enterprises.
[DatePublished] => 2002-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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