^
+ Follow FISCAL RESPONSIBILITY ACT Tag
FISCAL RESPONSIBILITY ACT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 794709
                    [Title] => Government must work double-time - CPBRD
                    [Summary] => 

The Aquino administration needs a lot of catching up to do to achieve its plan of inclusive growth or a seven percent economic growth yearly until 2016, the think-tank of the House of Representatives said in a report.

[DatePublished] => 2012-04-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 651825 [Title] => House to pass 25 bills before Holy Week break [Summary] =>

The House of Representatives would be able to pass as many as 25 significant measures before Congress goes on the Holy Week break in March, Speaker Feliciano Belmonte Jr. said yesterday.

[DatePublished] => 2011-01-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805432 [AuthorName] => Paolo Romero [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 293990 [Title] => Villar renews call for fiscal responsibility [Summary] => Due to a widening disparity in budget allocation for debt service payments and social services, Sen. Manny Villar urged Malacañang and Congress yesterday to seriously consider implementing debt relief and fiscal responsibility.

Villar made the call citing a bulk of the P1.05-trillion proposed national budget for 2006 are earmarked for debt service payments.

"Thirty-three percent of our budget this year went to debt servicing and a measly one percent allocated for health services," said Villar, chairman of the Senate committee on finance.
[DatePublished] => 2005-08-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 270058 [Title] => Andaya seeks debt, salary caps [Summary] => The chairman of the House appropriations committee proposed yesterday reforms on spending and borrowing that include putting a cap on the amount of debt the government can incur and a limit on salaries.

The reforms sought by Camarines Sur Rep. Rolando Andaya Jr. are contained in Bill 3890, entitled the Fiscal Responsibility Act.
[DatePublished] => 2005-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 214264 [Title] => Gov’t won’t rely on Marcos funds to trim deficit [Summary] => The National Government (NG) need not rely on the possible one-time gain from the return of about $658 million in forfeited Marcos funds to boost its fiscal position, the Finance Department said yesterday.

Finance Secretary Jose Isidro Camacho said the fiscal performance during the first six months was already a vast improvement, both from target levels and the previous year’s record.
[DatePublished] => 2003-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 187814 [Title] => GMA to rely on Congress in effort to raise taxes [Summary] => The Arroyo administration is pinning its hopes on Congress and its resolve to pass key legislations that would arrest its fiscal crisis, such as the indexation of the excise tax on sin products and the rationalization of the excise tax on automobiles.

Finance Secretary Jose Isidro Camacho told reporters yesterday that it was also critical for Congress to reject the legislation that would exempt professionals from the value added tax (VAT) for another two years.
[DatePublished] => 2002-12-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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