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 As the Philippine government continues to pursue for the additional Value Added Tax (VAT) on all basic needs, most sectors in society are appealing to Malacañang to totally "scrap" the proposal. But President Gloria Macapagal-Arroyo said that it is needed to improve the economy.
Do you really think there is a need now for the 12% additional VAT?
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The Senate approved on third and final reading last night a more conservative national budget totalling P907.35 billion, which finance committee chairman Sen. Manuel Villar said is designed to enhance the government’s belt-tightening and antigraft campaigns.
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Malacañang yesterday increased the Valentine’s Day cash gift – socalled because it will be distributed on Feb. 14 — of state workers to P3,000 from an initial estimate of P1,000 to P2,000 after the government saved P3.1 billion from its austerity campaign last year.
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President Gloria Macapagal Arroyo watches workers debone ‘bangus’ (milkfish) at Alsons Packaging Plant in Sarangani Bay, General Santos City, as she tours the plant with Secretary Corazon Soliman (right) of the Department of Social Welfare and Development (DSWD) and Alex Alcantara of Alsons. |
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Metro Manila: Partly cloudy to cloudy with rainshowers.
Cebu: Partly cloudy to at times cloudy with isolated rainshowers.
Davao: Partly cloudy to cloudy with rainshowers or thunderstorms.
Sunrise — 6:22 a.m.
Sunset — 5:59 p.m. |
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