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Tuesday, April 01, 2008

 

GMA strikes back at critics

Fighting graft, boosting reforms among priorities

By Angelo S. Samonte Reporter

Battling corruption, sustaining economic reforms, and encouraging more investments are her higher concerns in her last two years in office, President Gloria Arroyo told industry leaders in Hong Kong on Monday.

President Arroyo told the global financial and business executives that the political noise in the Philippines will not stop her from further boosting the country’s economy until her term expires in 2010. Apparently, she was referring to the ruckus being made by her critics over alleged instances of graft in her administration, among them in the aborted $330-million national broadband deal. More recently, the political foes of the President blamed her for the supposed “rice crisis” that they said was caused in part by connivance between corrupt government officials and rice hoarders.

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O T H E R   R E P O R T S

 

Malacañang wants to stop the conversion of prime farmlands for uses other than agricultural and to repeal the truck ban to avert a possible rice shortage, the National Economic and Development Authority said Monday.

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Around two of every three Filipinos believe that the national economy is worse than it was three years ago, the latest Pulse Asia survey showed. The survey results were released Monday.

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Raising taxes while channeling resources toward high-quality spending can help the government sustain growth and reduce poverty, the Philippines Development Forum’s working group said.

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Senator Francis Escudero is the runaway leader among Senate committee chairmen in the number of reports approved for plenary session before the Lenten recess.

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Philippine foreign debt grew slightly in 2007, the Bangko Sentral ng Pilipinas said Monday, a development attributed by critics to government’s efforts to secure financing to fast-track its development programs.

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SPECIAL REPORT : SCIENCE AND TECHNOLOGY

Like most scientists in the Philippines, physicist Dr. Giovanni Tapang, chairman of the Agham collective and faculty member of the University of the Philippines,...

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