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‘Inflation may hit 6% without interventions’ - Joey Salceda

Inflation or the rate of increase in the prices of goods and services could reach a new record high this month if the government does nothing drastic to keep it in check, Albay Rep. Joey Salceda warned yesterday......»»

Category: newsSource: philstar philstarAug 11th, 2018

More counter-inflation measures urged

More counter-inflation measures should be set in place amid projections that the rate of price increase may have reached more than seven percent this month from 6.4 percent in August, Albay Rep. Joey Salceda said yesterday. Source link link: More counter-inflation measures urged.....»»

Category: newsSource:  manilainformerRelated NewsSep 29th, 2018

More counter-inflation measures urged

More counter-inflation measures should be set in place amid projections that the rate of price increase may have reached more than seven percent this month from 6.4 percent in August, Albay Rep. Joey Salceda said yesterday......»»

Category: newsSource:  philstarRelated NewsSep 29th, 2018

Duterte to issue EO to solve inflation

President Duterte is set to issue an executive order aimed at resolving the “raging contentious relations” between the National Food Authority and the NFA Council to help arrest runaway inflation, Albay Rep. Joey Salceda said yesterday......»»

Category: newsSource:  philstarRelated NewsSep 14th, 2018

Gov t did little or nothing to stop 6.4% August inflation

MANILA, Philippines – Albay 2nd District Representative Joey Salceda said the government only has itself to blame for the country's inflation rate reaching 6.4% in August .  "Ultimately, the 6.4% was really due to the fact that we did little or nothing. We can no longer blame market opportunists, profiteers, ........»»

Category: newsSource:  rapplerRelated NewsSep 5th, 2018

Administration ally blames gov’t for rising inflation

AN administration ally is blaming the Duterte government for doing little or nothing to address the rising inflation or the increase in the prices of goods. Albay Rep. Joey Salceda said the government has failed to get the right ways and means to address this problem. Reports of the Philippine….....»»

Category: newsSource:  journalRelated NewsSep 5th, 2018

6.4% August inflation ‘self-inflicted’; gov’t ‘did little or nothing’ — Salceda

  The country's nine-year high 6.4 percent August inflation was "self-inflicted" largely because the government "did little or nothing." This was the searing remark of Albay 2nd District Rep. Joey Salceda, House Speaker Gloria Macapagal-Arroyo's point-man on counter-inflation, about the country's latest inflation rate onWednesday. READ:Inflation hitsnew9-year high of 6.4% in August The government earlier announced that theAugust inflation spiked to 6.4 percent, the fastest rate of increase in prices of basic goods and services since March 2009's 6.6 percent during Arroyo's time. READ:Arroyo on 6.4% inflation: I've had a more alarming situation as President "Ultimately, the...Keep on reading: 6.4% August inflation ‘self-inflicted’; gov’t ‘did little or nothing’ — Salceda.....»»

Category: newsSource:  inquirerRelated NewsSep 5th, 2018

No food tariff reduction order from Duterte — Salceda

Albay Rep. Joey Salceda bared yesterday food inflation hit its highest level in five years last July while President Duterte virtually junked the suggestion of House leaders to reduce tariffs on certain imported items so importers could bring in needed supply and help bring down retail prices......»»

Category: newsSource:  philstarRelated NewsAug 26th, 2018

‘Inflation may hit 6% without interventions’ - Joey Salceda

Inflation or the rate of increase in the prices of goods and services could reach a new record high this month if the government does nothing drastic to keep it in check, Albay Rep. Joey Salceda warned yesterday......»»

Category: newsSource:  philstarRelated NewsAug 11th, 2018

Cushions to inflation surge needed

Albay Representative Joey Salceda on Monday said he anticipates that surging inflation is likely to persist until yearend, and that the administration's economic managers should implement aggressive measures to cushion its effects. Salceda, an economic analyst, said July inflation is likely to have spiked to 5.6 percent and by August….....»»

Category: newsSource:  journalRelated NewsAug 7th, 2018

Arroyo Proposes 5 Economic Measures to Cushion Inflation

House Speaker Gloria Macapagal Arroyo has proposed at least five economic measures that would cushion the impact of rising inflation, Albay (2nd District) Rep. Joey Salceda said. According to the newly-installed House Speaker, the measures would reduce tariff on oil, electricity and food commodities such as fish, rice and meat, Salceda said in an interview […].....»»

Category: newsSource:  metrocebuRelated NewsAug 5th, 2018

Inflation may fall below 4% in 2019 — BSP

INFLATION could “revert more quickly” to below four percent next year given non-monetary interventions to boost food supply coupled with sound policy actions from the Bangko Sentral ng Pilipinas (BSP), a senior official said......»»

Category: newsSource:  bworldonlineRelated News9 hr. 32 min. ago

Fuel tax suspension seen in January 2019

New and higher taxes on diesel and other oil products will most likely be suspended in January next year, Albay Rep. Joey Salceda said yesterday......»»

Category: newsSource:  philstarRelated NewsOct 11th, 2018

Salceda: Inflation affects development& nbsp;

Salceda: Inflation affects development& nbsp;.....»»

Category: financeSource:  thestandardRelated NewsSep 24th, 2018

No such thing as ‘forever’

Albay Congressman Joey Salceda, who is the recognized resident economist at the 17th Congress, authored and helped shepherd the passage into law of the five-step package of comprehensive tax reforms program......»»

Category: newsSource:  philstarRelated NewsSep 11th, 2018

Arroyo confident of Salceda& apos;s recommendations vs inflation - Manila Bulletin

Arroyo confident of Salceda's recommendations vs inflation - Manila Bulletin.....»»

Category: newsSource:  googlenewsRelated NewsSep 6th, 2018

6.4% August inflation & apos;self-inflicted& apos;; gov& apos;t & apos;did little or nothing& apos; — Salceda - Inquirer.net

6.4% August inflation 'self-inflicted'; gov't 'did little or nothing' — Salceda - Inquirer.net.....»»

Category: newsSource:  googlenewsRelated NewsSep 5th, 2018

IMPORT VOLUME ENHANCEMENT, NOT TARIFF ADJUSTMENTS’ – DTI CHIEF

The Committee on Tariff and Related Matters (CTRM), Chaired by Department of Trade and Industry (DTI) Secretary Ramon Lopez, together with Department of Agriculture (DA) Secretary Emmanuel Piñol and other member-agencies, proposed supply-side interventions to minimize the impact of inflation and lower the prices of agricultural commodities. “Based on the report of Tariff Commission, modifying […].....»»

Category: newsSource:  boholnewsdailyRelated NewsAug 26th, 2018

Gov’t to focus on supply solution, not tariff cuts

Realizing that tariffs of most commodities are already at minimal levels, the multi-government agency Committee on Tariff and Related Matters (CTRM) has proposed supply-side interventions to minimize the impact of inflation and lower the prices of agricultural commodities instead of further tariff cuts. Gov’t to focus on supply solution, not tariff cuts Realizing that tariffs… link: Gov’t to focus on supply solution, not tariff cuts.....»»

Category: newsSource:  manilainformerRelated NewsAug 19th, 2018

Tariff cuts only

Albay Congressman Joey Salceda is more popularly known to many of us who have covered Malacanang Palace, specifically during the term of former President Gloria Macapagal-Arroyo, as one of her “A” students......»»

Category: newsSource:  philstarRelated NewsAug 9th, 2018

Gloria to the rescue?

IN another sign that the more things change, the more they stay the same, Gloria Arroyo has apparently again felt called upon to use her neoliberal economic magic to pull the Philippines’ chestnuts out of the fire. Working with former Albay governor and now Congressman Joey Salceda, Arroyo presented a number of proposals aimed at [...] The post Gloria to the rescue? appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 9th, 2018