President Gloria Arroyo: Philippines in Midst of Fiscal Crisis
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President Gloria Arroyo said the Philippines is already in the midst of a fiscal crisis, and urged the people to be prepared to make sacrifices for the nation&#39;s well-being.
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The Philippines needs about 50 billion pesos ($1.01 billion) to rebuild villages and farms destroyed after four typhoons crashed into the country in the past three months, a Cabinet official said on Monday.
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Philippine President Gloria Macapagal Arroyo defended her anti-corruption credentials on Tuesday after a witness in a Senate probe into alleged kickbacks said she was at the centre of the country's graft problems.
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President Arroyo&#39;s declaration that the Philippines was in a fiscal crisis drove markets sharply lower, but analysts said Tuesday the remark was probably a ploy to win support for new taxes.
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The Philippines is likely to keep well within the 2004 budget and consolidated public sector deficittargets due to improved revenue flows and increased electricity tariffs, officials said Friday.
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MANILA : Economic growth prospects in the Philippines this year remain on track despite rising oil prices and a volatile peso as long as the government fixes its fiscal woes, President Gloria Arroyo has said.
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REAL, Philippines  - The Philippines put the toll  at more than 1,000 dead or missing in four storms in two weeks  but, even with a break in the weather on Saturday, relief  supplies were running short and fears of disease were  spreading.
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MANILA When President Gloria Macapagal Arroyo declared this week that the Philippines was &quot;already in the midst of a fiscal crisis,&quot; many thought she was just stating the obvious.
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Get INQ7 breaking news on your Smart mobile phone in the Philippines. Send INQ7 BREAKING to 386. VIENTIANE, Laos (via PLDT) - President Gloria Macapagal-Arroyo has suggested to Myanmar
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Philippines leader Gloria Arroyo aims to strengthen economic ties with China during a visit to Beijing.
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President Gloria Macapagal Arroyo yesterday sent a message of support to former US President Bill Clinton, who is awaiting a heart bypass surgery in a New York hospital.
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President Arroyo told leaders of the Association of Southeast Asian Nations (ASEAN) yesterday that the Philippines will push for economic growth through more jobs, export markets and other anti-poverty measures.
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Philippine President Gloria Macapagal-Arroyo Friday appreciated the &quot;courage and humility&quot; that the military officers, who participated in a mutiny last year,showed in an apology
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Philippine President Gloria Arroyo vowed the country will never default on its debt repayments, as she found herself embroiled in a public row with key economic advisers following her declaration that Manila was in a "fiscal crisis".
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Philippine President Gloria Macapagal-Arroyo Thursday expressed confidence in the country&#39;s economy outlook and called all sectors not to be off the track in the major economic reforms.
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MANILA : Philippine President Gloria Arroyo Tuesday mourned the death of the country&#39;s top movie star Fernando Poe, who almost unseated her in hotly-contested presidential elections in May.
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MalacaÃ±ang allayed fears yesterday that the Philippines is on the brink of a financial crisis as it assured that the government is exerting its best efforts to bring down the widening