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Senate asked to probe economic implications of shift to federalism

SENATOR Sherwin T. Gatchalian has filed a resolution urging his colleagues to look into the economic implications of the proposed shift to a federal system of government. The post Senate asked to probe economic implications of shift to federalism appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineAug 11th, 2018

Senate asked to probe of economic implications of shift to federalism

SENATOR Sherwin T. Gatchalian has filed a resolution urging his colleagues to look into the economic implications of the proposed shift to a federal system of government. The post Senate asked to probe of economic implications of shift to federalism appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 10th, 2018

Show data to support BBL’s ‘awesome’ fiscal powers—Recto

Saying that the “law is in the details,” Senate President Pro Tempore Ralph Recto yesterday pressed the government to submit “the economic fine print” that will underpin the proposed Bangsamoro government’s fiscal autonomy.In a request coursed through Sen. Juan Miguel Zubiri, Recto sought “facts and figures that will bolster the financial feasibility” of the Bangsamoro self-ruled homeland.Recto said the submission of these will clarify ambiguities in the provisions in Bangsamoro Basic Law bill, and “hasten its passage in the Senate.””Like any bill, if you scratch the surface of a provision of the BBL, you will find the price tag underneath,” Recto said.Among the data Recto has requested are “national revenue collections in ARMM since its creation to the present, as well as budget utilization of ARMM, including relevant financial statements, from the time it was created.”Included in the request are “budget allocations and subsidies lodged in different national government agencies, earmarked and off-budget revenue sources.”“The purpose is to find out if past allocations to ARMM were at levels sufficient to meet the imperatives of growth, because if these are historically lacking, then we are properly informed not to commit the same mistakes with the future Bangasamoro government,” Recto said. In his letter to Zubiri, Recto also sought additional data on the formula used in computing and allocating the proposed Annual Block Grants, “funds which are to be automatically appropriated and released by the national government.” For 2019, the Block Grant is pegged at P72 billion. “What then is the revenue basis used in setting this amount?” Recto said.Recto likewise requested “elaboration” on the nature of the Special Development Fund, or SDF, which has been pegged at P100 billion for 20 years, P10 billion of which shall be given by the national government the year following the ratification of the BBL.“What is the basis for the SDF? What are examples of projects to be funded by this?” Recto said.He also asked for the “negative list of projects or programs” which cannot be funded by the block grant or by the SDF.Recto also requested for social and economic indicators at all levels of the present ARMM, and “programs that will result in better socio-economic numbers.”He said that BBL proponents in the executive branch should also submit a comparative matrix between Republic Act 6734 (ARMM Organic Act), Republic Act 9054 (Amended ARMM Organic Act), and the BBL.“A side-by-side tale of tapes, comparing past, current models, and the future one would help us create the best BBL which will encapsulate all our dreams and visions for a peaceful, progressive South,” Recto said.The senator reiterated his support “for a constitutionally-compliant, fiscally-responsible, grassroots-accepted organic law for the autonomous region.”Speaker: PDP to campaign vs poll bets against federalismSpeaker Pantaleon Alvarez yesterday said the ruling Partido Demokratiko Pilipino (PDP) will actively campaign against candidates for senator and other elective positions in the 2019 elections who are opposed to a federal system of government.Speaking before over 3,000 new members of the PDP at the Datu Lipus Makapandong Cultural Center, Alvarez urged the people in the province to support the advocacy of President Duterte and the PDP for a shift to a federal system of government, which he said would open up the development potential of the provinces and the regions.“I have one request, please don’t vote for candidates, particularly for senator, who are opposing federalism,” Alvarez told the new PDP members composed practically of the entire local officials of the province led by Agusan Del Sur Gov. Edward Adolph Plaza, 2nd District rep. Evelyn Mellana and 1st District Rep. Maria Valentina Plaza.With the mass oath-taking, the province of Agusan del Sur became the newest addition to the PDP country.In interview with the local media after the event, Alvarez explained his call against anti-federalism candidates.Alvarez said the ruling party was pushing for federalism to ensure inclusive development, particularly of the poor and neglected areas of the country.Alvarez said it was also time to elevate the political maturity of the nation by focusing the campaign on issues instead of the old practice of politics based solely on popularity or personality.He dared the senatorial hopefuls for the 2019 elections to make a clear stand on the issue of federalism.Alvarez said that if a candidate was opposed to federalism then he was clearly against the interest of provinces and regions.Accompanying Alvarez in the event were Davao City 1st District Rep. Karlo Nograles and Oriental Mindoro 2nd District Rep. Reynaldo Umali, whom the Speaker said would be included in the senatorial slate of the administration party for the 2019 senatorial contest.Earlier, Alvarez said that among the benefits of federalism was that the regions or states would retain the lion’s share of the taxes, instead of having to make do with the meager share the central government was currently sending back to the provinces.He said it was crucial to achieve a shift to a federal system of government within the term of President Duterte, who was the only presidential candidate in the 2016 elections who pushed for a federal system of government.Kimberly Otaza, 26, municipal councilor of Loreto, Agusan Del Sur, who was among the new PDP members, said she fully embraces the idea of federalism.Another new PDP member, 45-year old Duric Gavino, a barangay kagawad of Brgy. Poblacion, Prosperidad town of the province, also expressed support for a shift to a new form of government.Gavino added that he was thankful that President Duterte and the PDP are pushing for a shift to a federal form of government.“So, we thank the President. We support federalism.” he stressed.  .....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

Gov’t officials opposing federalism just need more info, says Pimentel

Sen. Aquilino Pimentel III on Saturday said government officials against federalism would "need more information" on the proposed shift of government. He made this comment after Finance Secretary Carlos Dominguez III and other economic managers earlier told the Senate finance committee that federalism might damage the momentum of the country's economy. "Ang nakukuha ko naman sa sinasabi nila is they need more information. Kailangan lang nila ng karagdagang impormasyon," Pimentel, president of the ruling party pushing for federalism, told DWIZ. [What I'm getting from their remarks is they need more information. They just need more information.] READ: Economic managers cite r...Keep on reading: Gov’t officials opposing federalism just need more info, says Pimentel.....»»

Category: newsSource:  inquirerRelated NewsAug 11th, 2018

Economic managers warn of federalism rush s fiscal risks

Two of the Philippines’ economic managers warned against rushing into the planned shift to a federal form of government, which some say could have negative implications for the country’s public finances......»»

Category: newsSource:  philstarRelated NewsAug 7th, 2018

SC urged: Stop Senate probe on Calida’s firm

Solicitor General Jose Calida and his family have asked the Supreme Court to issue a temporary restraining order that would prevent the conduct of a legislative inquiry on their alleged conflict of interest stemming from the security service contracts between several government agencies and their family-owned Vigilant Investigative and Security Agency......»»

Category: newsSource:  philstarRelated NewsAug 16th, 2018

Solgen asks SC to stop Senate probe into security agency

Solicitor General Jose Calida and his family have asked the Supreme Court for a halt order on a Senate inquiry into the alleged conflict of interest in his ownership of a security agency that has government contracts......»»

Category: newsSource:  philstarRelated NewsAug 16th, 2018

More business groups back economic managers call to weigh cost of federalism

Several business groups joined the call of Philippine economic managers for fiscal prudence, more dialogues and a well-considered approach in the proposed shift to federalism......»»

Category: financeSource:  philstarRelated NewsAug 15th, 2018

DU30 welcomes public inputs on Federalism shift

President Rodrigo Duterte “welcomes” inputs from all members of society including the business community, Presidential Spokesperson Harry Roque said yesterday amid concerns of the economic impact of the shift to Federalism. Business groups on Sunday raised concerns on “ambiguous provisions” in the division of revenues and expenditures between the federal….....»»

Category: newsSource:  journalRelated NewsAug 13th, 2018

Business groups: Weigh costs, risks of federalism

In support of concerns raised by economic managers, seven of the country’s biggest business groups yesterday called on legislators to weigh the costs and risks of the proposed shift to a federal system of government......»»

Category: newsSource:  philstarRelated NewsAug 12th, 2018

Recto defends Duterte economic team on federalism

MANILA, Philippines – Senate President Pro-Tempore Ralph Recto defended President Rodrigo Duterte's economic managers in the face of a call  to dismiss them for opposing federalism. "You don't shut them out of the discussions. You bring them in because the cost of federalism is front and center of the issue," Recto ........»»

Category: newsSource:  rapplerRelated NewsAug 12th, 2018

Business groups urge lawmakers to weigh costs of shifting to federalism

Local business groups are worried about the consequences of shifting to a federal form of government, echoing the woes earlier raised by some of the country's economic managers. Seven business groups, including the country's largest business group the Philippine Chamber of Commerce and Industry (PCCI), are urging lawmakers to weigh carefully the costs, risks and uncertainty of the shift. In a statement on Sunday afternoon, the local business chambers called for "full, open, and dispassionate dialogues" about federalism, a move that would have far reaching effects in the country and its future. The call for dispassionate talks came after a member of the consultative committee urg...Keep on reading: Business groups urge lawmakers to weigh costs of shifting to federalism.....»»

Category: newsSource:  inquirerRelated NewsAug 12th, 2018

Duterte ally steps up criticisms on federalism

MANILA: A close ally of President Rodrigo 'Rody' Duterte who also heads his economic team, stepped up his criticisms on the proposed controversial shift to a federal form of government, w.....»»

Category: newsSource:  manilanewsRelated NewsAug 12th, 2018

Poe seeks probe on information drive budget for federalism

The Senate is set to conduct a probe into the P90-million fund for the administration’s information campaign on federalism......»»

Category: newsSource:  philstarRelated NewsAug 11th, 2018

Solutions Expected Amid Concerns on Draft Charter

The concerns raised by the administration’s economic managers on the government’s proposed shift to federalism could still change as the current draft Charter is still subject to change, Presidential Spokesperson Harry Roque said on Thursday. However, Malacañang respects the economic managers’ views, Roque said, adding that at the same time, they are expected to find […].....»»

Category: newsSource:  metrocebuRelated NewsAug 10th, 2018

Lorenzana says federalism remains confusing

        Another Cabinet official has expressed doubts the Philippines is ready for federal form of government because everything still confuses him.   In an interview with the media in Camp Aguinaldo, Quezon City on Thursday afternoon, Secretary Delfin Lorenzana of the Department of National Defense (DND) shared his observation with reporters, saying the Philippines is "not yet" ready for the change in government system.   "So many don't understand it yet. It's confusing," Lorenzana said in Tagalog, when asked for his opinion on the shift to federalism.   Lorenzana's statement follows apprehensions expressed by Finance ...Keep on reading: Lorenzana says federalism remains confusing.....»»

Category: newsSource:  inquirerRelated NewsAug 10th, 2018

Federalism probe, Grab pricing, PH weather | Evening wRap

Today on Rappler: Grace Poe wants Senate probe into federalism info campaign. Jose Reyes Jr appointed Supreme Court justice. Antitrust body OKs Grab-Uber deal, sets conditions. PH pivot to Russia advances with port visit, submarine talks. Karding, another tropical cyclone enhancing monsoon. {module 3998}.....»»

Category: newsSource:  rapplerRelated NewsAug 10th, 2018

Grace Poe wants Senate probe into federalism info campaign - Rappler

Grace Poe wants Senate probe into federalism info campaign - Rappler.....»»

Category: newsSource:  googlenewsRelated NewsAug 10th, 2018

Poe wants hearings on federalism information drive

Sen. Grace Poe has urged the Senate to look into the government's information drive for the proposed shift to federalism after a video by Presidential Communications Assistant Secretary Mocha Uson reaped wide criticism......»»

Category: newsSource:  philstarRelated NewsAug 10th, 2018

Roque: All the President’s men behind federalism

MALACAÑANG yesterday insisted that all Cabinet members are on board with President Rodrigo Duterte’s bid for federalism. Presidential Spokesman Harry Roque made the statement in his regular press briefing, even after at least two economic managers publicly expressed concern about the shift to federalism based on the Consultative Committee’s (Con-Com’s)….....»»

Category: newsSource:  journalRelated NewsAug 9th, 2018

Con-com allays DOF chief’s fears of ‘fiscal nightmare’ under federalism

The Consultative Committee (Con-com)on Wednesdayallayed the fears of Finance Secretary Carlos Dominguez that a "fiscal nightmare" may escalate under a federal form of government.   Dominguez raised the issue during a hearing before the Senate committee on finance as he asked who would pay for the national debt, for the military, for the Department of Foreign Affairs (DFA) and the Bangko Sentral ng Pilipinas (BSP).   But Con-com spokesman Ding Generoso said that "fiscal administration is quite clear in the draft (federal) Constitution."   "The Federal (national) government basically retains the taxation power, except for selected taxes and fees the col...Keep on reading: Con-com allays DOF chief’s fears of ‘fiscal nightmare’ under federalism.....»»

Category: newsSource:  inquirerRelated NewsAug 8th, 2018