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Tuesday, June 19, 2007

 

EAST AND WEST
By Julius F. Fortuna
Legacy: GMA’s favorite word 

 
You can judge the preoccupation of the President—any president—by the frequency of the word she uses in everyday language and in her memos to the staff. I was told recently—and this was confirmed by a recent memo she sent to all the Cabinet—that her favorite word these days has something to do with the future. That word is legacy.

Building a legacy. Paving the way for legacy. These are the phrases she uses in her memo. For instance, in a recent order for the mass resignation of all GOCCs, the word was mentioned several times. Which can only mean that she wants the next three years to be devoted to creating that legacy.

In comparison, there was a time when the language she used was related to fulfilling “SONA promises.” This means that for the next few months after delivering her routine report to Congress, she would compel her Cabinet to come up with how they can fulfill that legislative promise. One source told that the SONA promises were listed on a cartolina in her office.

Between now and 2010 would be time for legacy building. A Cabinet member told me that President GMA would like to have a balanced budget, a propelled privatization and an infrastructure program that would entice more investments. Tall order, but that is the nature of legacies. They are hard to fulfill, but they create history.

Take note that the “three points of attention” of GMA does not include political reforms. Well, according to Lakas spokesman Heherson Alvarez, the President won’t risk losing her economic reforms just because some people want change before 2010. This may be the reason why Speaker Jose de Venecia had to stop his unpopular agitation for renewed Charter change.

There is, of course, a new element in this coming three years. And this is the overwhelming presence of a hostile Senate. Knowing that this new Senate is now dominated by Erap and composed of many presiden­tiables, President GMA would have a problem of carrying out an agenda that requires unity on the purposes of the national budget.

But knowing a GMA that is stubborn and focused on her goals, she would treat the Senate as just one of the obstacles. She has two choices: She can either ignore the Senate, or negotiate for power-sharing. But definitely, there is no way she can be stopped on her three main goals.

Buñag versus Teves?

Rumors have it that Finance Secretary Margarito Teves wants to fire Mr. Jose Mario Buñag as chief of the Bureau of Internal Revenue (BIR). If true, that would be ignoring the obvious: The BIR achieved an unprecedented growth rate of 20 percent last year.

BIR collected as taxes P652 billion in 2006, which was P114 billion in excess of its 2005 collection. That figure was not something to scoff at, as he faced a collection deficit posted by his predecessor in the first half of the year.

The BIR’s performance in 2006 was its best in 10 years as it even eclipsed by P30 billion what should have been the real collection target of the bureau for 2006.

But despite the glowing numbers, no less than Finance Secretary Margarito Teves had to put a damper on the BIR’s accomplishments in 2006 by refusing to reconsider the unrealistic tax collection goal of P675.4 billion it set for the BIR.

Under Teves, the finance department ignored a BIR protest that P27 billion should be removed from its tax goals since that particular item was the job of the Bureau of Customs. The BIR added that its tax goal for 2006 was also bloated by P26 billion considering the low interest and inflation rate that prevailed during the year.


BRIEF NOTES. It has not been officially announced, but the Philippine Chronicle, one of the newest Manila-based broadsheets, closed down on Saturday, June 16. A general interest paper with a slant toward more business stories, it is a joint venture of the Singson family of Ilocos Sur and Toti Cariño of Pasig City…

   
 

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