Tag: recession

TOLENTINO TO DBM: EMPOWER LGUS TO FIGHT RECESSION

Post author By Romelo Caparas
Post date June 29, 2022
No Comments on TOLENTINO TO DBM: EMPOWER LGUS TO FIGHT RECESSION

Senator Francis Tolentino urged the incoming leadership of the Department of Budget and Management (DBM) to empower local government units using the “Mandanas ruling” of the Supreme Court in averting the effects of a looming global recession amid the combined effects of the COVID-19 pandemic and the inflation brought by the ongoing Russia-Ukraine conflict. Tolentino […]

Tags DBM, LGUs, local government units, Mandanas Ruling, recession, Senator Tolentino

Politics

FIST TO HELP PH ECONOMY GET OUT OF RECESSION – POE

Post author By Romelo Caparas
Post date November 16, 2020
No Comments on FIST TO HELP PH ECONOMY GET OUT OF RECESSION – POE

With the passage of the Financial Institutions Strategic Transfer Act (FIST) on third reading, Senator Grace Poe is hopeful that banks will be encouraged to lend to businesses and consumers to fuel the Philippine economy and pull it out of a recession. “This is a proactive response to the pandemic that should free up P1.19 […]

Tags economy, Financial Institutions Strategic Transfer Act, FIST, Philippines, recession, Senator Poe