+ Follow PARIS CLUB Tag
PARIS CLUB
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[ArticleID] => 301087
[Title] => RP’s debt relief proposal ‘catching fire’
[Summary] => World leaders have endorsed Speaker Jose de Venecia Jr.’s proposal to convert half of the debt owed by 100 heavily indebted middle-income nations into equity in development programs to achieve the UN Millennium Development Goals (MDG).
Among the latest to endorse De Venecia’s debt-for-equity in MDG projects are Cambodian Prime Minister Hun Sen, Ukraine Verkhovna (Parliament) chairman Volodymyr Lytvyn, and the United Nations Educational, Scientific and Cultural Organization (Unesco).
[DatePublished] => 2005-10-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
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[1] => Array
(
[ArticleID] => 294144
[Title] => RP to present debt-for-equity plan to UN
[Summary] => The government will present Speaker Jose de Venecia’s ambitious debt-for-equity proposal with international lending institutions to the United Nations as a way of addressing the mounting debt problems of middle-income and poor countries.
Press Secretary Ignacio Bunye said President Arroyo will present the proposal to the United Nations Global Summit meeting in New York on Sept. 12-14. UN Secretary General Kofi Annan has endorsed the proposal.
[DatePublished] => 2005-08-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804901
[AuthorName] => Aurea Calica
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 288302
[Title] => Conversion
[Summary] => Last April, Speaker Jose de Venecia wrote UN Secretary General Kofi Annan, proposing a global effort to simultaneously relieve the heavily indebted countries of their servicing load and propel the efforts of these same countries to achieve the UN Millennium Development Goals (MDG).
The central element of the MDG is the reduction of poverty levels to half what they are at present by year 2015. This is an ambitious global program and can have reasonable chance of meeting its targets only if the heavily indebted countries benefit from some relief.
[DatePublished] => 2005-07-26 00:00:00
[ColumnID] => 134157
[Focus] => 0
[AuthorID] => 1804783
[AuthorName] => Alex Magno
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
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[3] => Array
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[ArticleID] => 285860
[Title] => RP achieves progress on debt relief proposal — JDV
[Summary] => The Philippines has achieved "significant progress" is pushing for a debt relief in the form of debt-for-equity in new projects in heavily indebted nations, Speaker Jose de Venecia reported yesterday.
He said he has received assurances from Paris Club president Jean-Pierre Jouyet and British treasury officials that they will consider the Philippine proposal.
[DatePublished] => 2005-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097047
[AuthorName] => Jess Diaz
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[4] => Array
(
[ArticleID] => 284861
[Title] => Nigeria gets debt relief from Paris Club
[Summary] => I realize that our government’s finance people are too harassed these days to think of further complicating their lives with thoughts of seeking debt relief. But if the Supreme Court rules out the EVAT law with finality, we will have a totally new ballgame.
For now, tough as the politics of it might be, they must think that making us pay higher taxes is the easier option out of our threatening debt problem. We are often told that we missed the window of opportunity for seeking debt relief when Tita Cory failed to ask for it in 1986.
[DatePublished] => 2005-07-04 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 282496
[Title] => De Venecia’s debt conversion program gains support from UK
[Summary] => Speaker Jose de Venecia met with senior officials of the British Treasury last Friday to discuss a proposal for large-scale debt-conversion program for debt-saddled nations.
Mark Bowman, head of the British Treasury’s International Poverty Reduction Department, said De Venecia’s debt-to-equity proposal was "interesting" and promised that a technical group will study the proposal in greater detail.
[DatePublished] => 2005-06-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
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[6] => Array
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[ArticleID] => 282324
[Title] => France honors Speaker JDV with National Legion of Honor
[Summary] => PARIS – In the elegant dining hall of the French Ministry of Industry and a spectacular view of the Seine, the French government gave Speaker Jose de Venecia the Legion of Honor, the highest award given to a civilian. The award was presented on behalf of President Chirac by Francois Loos. The ceremonies were witnessed by French officials in industry as well as business leaders of France and the Philippines. Among the guests were M. Christophe Beaux, Directeur du cabinet CAB, M. Raphael Schoentgen, Conseiller tecnich CAB, Mme. Elizabeth Vital-Durande, Attache Parlementaire CAB, Rep.
[DatePublished] => 2005-06-18 00:00:00
[ColumnID] => 134199
[Focus] => 0
[AuthorID] => 1804784
[AuthorName] => Carmen N. Pedrosa
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
)
)
abtest
October 10, 2005 - 12:00am
