Page 3 - கிறிஸ்து சர்வதேச அமைச்சுக்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from கிறிஸ்து சர்வதேச அமைச்சுக்கள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In கிறிஸ்து சர்வதேச அமைச்சுக்கள் Today - Breaking & Trending Today

Saving and borrowing for the future? - BusinessWorld


BusinessWorld
May 27, 2021 | 6:45 pm
In our column two weeks ago, “Imminent existential threat, or outright fiscal meltdown?” (
BusinessWorld, May 14, 2021) we indicated that unless the military and uniformed personnel pension system is overhauled, the sponsor of the bill, Albay Rep. Joey Salceda underestimated its outcome. It’s not just an existential threat, but rather an outright fiscal meltdown.
There is another fiscal downside risk and the National Government’s (NG) response could be game changing.
Starting next year, we might be seeing the initial implementation of the Supreme Court decision on the Mandanas-Garcia case. The ruling affirmed the increase in the share of the local government units (LGUs) in the NG’s revenues or the Internal Revenue Allotment (IRA). ....

United States , Diwac Guinigundo , Bangko Sentral , Ralph Recto , Wendel Avisado , Joey Salceda , Sonny Dominguez , Rosariog Manasan , Fullness Of Christ International Ministries In Mandaluyong , International Monetary Fund , Duterte Administration , Bureau Of Internal Revenue , Development Budget Coordination Committee , Supreme Court , Philippine Institute For Development Studies , National Government , Internal Revenue Allotment , Philippine Institute , Development Studies , Internal Revenue , Senator Ralph Recto , Secretary Sonny Dominguez , Ricardian Equivalence , United Kingdom Based Oxford Economics , Administrative Order , Secretary Wendel Avisado ,

Time to plant our feet on the ground


Time to plant our feet on the ground
BusinessWorld
4 hrs ago
© Provided by BusinessWorld
Last Wednesday, nearly all the broadsheets reported that the Government’s Development Budget Coordination Committee (DBCC) finally slashed the Philippines’ growth target for 2021 from 6.5-7.5% to 6-7%. We can only surmise that the Philippine Statistics Authority’s (PSA) release of the first quarter real GDP growth of minus 4.2% must have forced the hands of the authorities.
In a joint statement, our economic managers declared that “the emerging GDP growth projection is slightly adjusted… in view of the emergence of new COVID-19 variants and the reimposition of enhanced community quarantine (ECQ) in the National Capital Region (NCR) Plus area during the second quarter of the year.” ....

United States , Diwac Guinigundo , Bangko Sentral , Fullness Of Christ International Ministries In Mandaluyong , International Monetary Fund , Duterte Administration , Capital Markets Department , Philippine Statistics Authority , Supreme Court , Government Development Budget Coordination Committee , National Capital Region , Development Budget Coordination Committee , Deputy Governor , Economics Sector , Alternate Executive Director , Christ International Ministries , ஒன்றுபட்டது மாநிலங்களில் , சர்வதேச பண நிதி , மூலதனம் சந்தைகள் துறை , பிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம் , உச்ச நீதிமன்றம் , தேசிய மூலதனம் பகுதி , வளர்ச்சி பட்ஜெட் ஒருங்கிணைப்பு குழு , துணை கவர்னர் , பொருளாதாரம் துறை , மாற்று நிர்வாகி இயக்குனர் ,