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Continue reading →: 2011 national budget: reducing the debt burden
The House of Representatives today (September 1) started its review of the P1.645-trillion national budget submitted by Malacañang. Rep. Emilio Abaya of Cavite, chair of the committee on appropriations, has earlier promised a thorough deliberation of the Aquino administration’s proposed budget. Sec. Butch Abad of the Department of Budget and…
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Continue reading →: A scintillating 7.9 percent GDP growth?
Maybe the government thought that after the terribly mishandled Quirino Grandstand hostage crisis, Filipinos could certainly make use of some good news. Thus, the National Statistical Coordination Board’s (NSCB) declaration today (Aug 26) of a scintillating gross domestic product (GDP) growth of 7.9 percent. The country just posted back-to-back quarterly growth…
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Continue reading →: SLEx toll hike: neoliberal privateers should stop imposing onerous user fees
In its August 13 editorial, the Philippine Daily Inquirer asked, “When it comes to toll fees, when is an increase ‘reasonable’ and when is it ‘stupefying’”? It argued that the South Luzon Tollway Corp. (SLTC) is entitled to a rate hike considering the “improvements it has done” to the South…
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Continue reading →: Toll hike, VAT, soaring utility rates in lieu of new taxes
President Noynoy Aquino has promised that his administration will try not to raise or impose new taxes to bridge the widening fiscal gap, which is expected to reach a record high P325 billion this year. But while not imposing new taxes (yet) to address its fiscal woes, the Aquino administration…
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Continue reading →: More power rate hikes coming soon
Sorry folks. Meralco (Manila Electric Co) “miscalculated” and had to increase our monthly bills again by 44 centavos per kilowatt-hour (kWh). (Read here) This is the fourth straight month that the giant utility has raised its generation charge and the seventh time since January. This also means that we will…
I’m Arnold Padilla, a Filipino activist, writer, and researcher.
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