THE Aquino administration fell short of its target proceeds from its asset sale program in 2010.
Finance Undersecretary John Philip Sevilla told reporters that the government raised only P900 million, comprising “small” ticket items.
“It is not much, nothing really substantial,” he said.
The Aquino administration raised its 2010 budget deficit ceiling from P298 billion to P325 billion when it took office in the second half of last year, while the interagency Development and Budget Coordination Committee set a P2-billion privatization target.
The P325-billion budget deficit cap is 3.9 percent of the country’s gross domestic product.
Finance Undersecretary Crisanta Legazpi earlier said the government’s P2-billion asset sale target for last year comprised largely of real estate properties.
The real estate properties for sale were mostly located in the cities of Makati, Parañaque and Baguio.
Some of these real properties were turned over to the Privatization Management Office by the Philippine National Bank and the Development Bank of the Philippines, while the remaining lots were those sequestered by the Presidential Commission for Good Government. –KATRINA MENNEN A. VALDEZ REPORTER, Manila Times
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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