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Aquino won’t let Abad go

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Budget Secretary Florencio “Butch” Abad and President Benigno Aquino. INQUIRER FILE PHOTO

President Benigno Aquino III used his Cabinet meeting on Friday to declare that he is standing by Budget Secretary Florencio Abad and is rejecting his offer of resignation on Thursday.

Posted: July 12th, 2014 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

More gov’t spending seen

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Communications Secretary Herminio Coloma Jr. INQUIRER FILE PHOTO

The Aquino administration is expected to hasten and pour more funds into infrastructure development and poverty alleviation towards the end of its term, a Malacañang spokesperson indicated over the weekend.

Posted: April 20th, 2014 in Latest News Stories,Nation | Read More »

Massive infra spending set

PASSENGER TERMINAL INSPECTION  President Aquino boards MV St. Pope John Paul II docked at Manila North Harbor’s North Passenger Terminal Complex in Tondo, Manila, as part of his inspection of major passenger terminals in Metro Manila. Behind him are Transportation Secretary Joseph Emilio Abaya, Communications Secretary Herminio Coloma and Public Works Secretary Rogelio Singson. LYN RILLON

With just two years to go before its term ends, the Aquino administration plans to spend more on infrastructure and introduce other reforms to try to make economic growth inclusive and lift millions out of poverty.

Posted: April 17th, 2014 in Editors' Picks,Featured Gallery,Headlines,Nation | Read More »

Calamities may push more Filipinos into poverty–Neda

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Supertyphoon “Yolanda” and other natural calamities that have struck the Philippines may not drag down the country’s overall growth but they could push more households into “transient” poverty, the National Economic and Development Authority (Neda) said Friday.

Posted: November 10th, 2013 in Editors' Picks,Headlines,Nation | Read More »

Neda chief confident of hitting 7% GDP growth

The Philippine economy is expected to have grown by more than 7 percent in the third quarter of the year compared with the same period last year, the government’s chief economist said yesterday. Arsenio Balisacan, director general of the National Economic and Development Authority, told reporters that a combination of higher investments and strong household [...]

Posted: October 2nd, 2013 in CDN - Enterprise,Cebu Daily News | Read More »

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