Tags: GDP

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…

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…

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.…