Philippines expects to raise P6.54 trillion by 2010

By Rose B. Palacio

Based on the Medium-Term Philippine Investment Plan (MTPIP), the national government expects to raise a total of P6.54-trillion until 2010.

` Finance Secretary Gary Teves said about twenty percent of the amount of P1.3-trillion might be used for government capital expenditures.
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Davao region has best blood program

By Mai Gevera

Health executives in Davao region are proud on the region?s good and established blood services program.

Department of Health regional director Dr. Paulyn Rossel-Ubial bared that the region has the highest number of local government units that have been awarded with the National Sandugo Special Award that includes Tagum city, Panabo city, and the Compostela Valley Province.
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Philippines president: ?We are not relaxing on fiscal reforms?

MANILA — President Gloria Macapagal Arroyo wants to assure investors, creditors, and credit watchers that the Philippines is not going to backslide in its bid to shore up finances, saying the government can balance the budget and fund an ambitious infrastructure program even without new taxes.

The Chief Executive issued the statement as international ratings agencies and multilateral institutions recently warned the government against being complacent with respect to fiscal reforms.
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From Throughout Asia: Honing Expertise in the Political Economy of Policy Reform

By V. Bruce J. Tolentino
The Asia Foundation

Economic policy reform is inherently political. Economic policies are codified into public laws, regulations, ordinances and other legal instruments that establish the ?rules of the game? and allocate access and assets among various members of the body politic. Changes in economic policy affect the status or welfare of communities in varying ways, often evoking resistance from those whose welfare or status may be diminished by the reforms.
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Street education


A pupil does her homework on the sidewalks of C.M. Recto Street as she waits for her parents to pick her up. Classes in the city began last week, with several public schools lacking facilities. The Philippine educational system is once again facing the same set of problems that Filipinos face each beginning of the school year. (davaotoday.com photo by Barry Ohaylan) | Read Davao Today's coverage of education issues

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