MANILA, Philippines – Rising debt service expense and government payroll have led to the contraction of proposed infrastructure funds for next year, Budget Secretary Rolando Andaya Jr. said yesterday.
THE Department of Transportation and Communications (DOTC) will propose a list of projects under the new Comprehensive and Integrated Infrastructure Program (CIIP) for 2010 to 2013.
Key infrastructure projects require huge funding estimated at P2 trillion. According to the National Economic and Development Authority (NEDA), P1.15 trillion will come from the national government and P613 billion from the private sector.
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Editor’s note: The first part reported on the apparent haste to push through with P52-billion Laiban Dam project in Rizal province, potentially the biggest infrastructure projects to be launched by the Arroyo administration.
The government is likely to cough up millions of dollars in subsidies for the operation of Chinese-funded North Luzon Railway until 2028, according to a government document.
The private sector component of the P100-billion infrastructure fund is nearly complete, with the first project expected to start within the first quarter, the Philippine Chamber of Commerce and Industry (PCCI) said.
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
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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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