Land Bank borrowings to finance Davao city?s ?stimulus? program
Lawyer Wendell Avisado, city administrator, said the 2.8 billion pesos the city borrowed from the LBP this year will finance a local ?stimulus? package, a large chunk of which will be spent on road infrastructure and the city?s traffic signal system. Avisado admitted that the traffic system will not directly help the people but it will add on to the city?s existing infrastructure and will serve as a come-on to investors. Read on
Environmentalists to Nograles: stop fooling the people, Charter Change is anti-Filipino and anti-environment
DAVAO CITY -- Panalipdan-Southern Mindanao, a broad alliance of environmentalists and peoples' organizations, criticized House Speaker Prospero Nograles for pushing for charter change which seeks to allow 100 percent foreign…
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