For ordinary people, the supposed economic growth of the country means nothing as they continue to suffer from the impacts of food inflation.
Tags: GDP
‘GDP growth just rebounded from economic collapse last year’ – Ibon
The relatively high growth rate was seen because it is the first to be measured against the low base of when the lockdowns were at their worst last year, including a 17 percent contraction in the second quarter of 2020.
Allot Six Percent of GDP to Education, Youth Urge Noynoy (PR)
FOR IMMEDIATE RELEASE July 16, 2010 Kabataan Partylist Raymond Palatino today called on President Benigno Aquino III to make good his word that he will allot six percent of the gross domestic product (GDP) to education. ?”This coming State of the Nation Address (SONA), we expect Aquino to fulfill his promise that he will…
More Taxes, Less Services this Year
BY ALEXANDER MARTIN REMOLLINO Bulatlat.com The government, said Bayan Muna (People First) Rep. Teddy Casiño, may impose additional taxes to raise the income needed to finance this year’s proposed P1.053 trillion ($20,371,445,153) national budget. In the 2006 proposed budget, the real value of the proposed budget for education and health decreased while that for debt…
On a Temporary Downturn?
While President Gloria Macapagal-Arroyo may claim the economic problems did not begin with her administration, she cannot escape the fact that she is presiding over an economy that is not on a mere temporary downturn, as government claims, but in an ever worsening state. By Benjie Oliveros Bulatlat.com Socioeconomic Planning Secretary Augusto Santos announced Dec.…