I heard that the Arroyo administration expects at least P 124.7 B of incremental revenues from tax measures and other tariff adjustments this year. This means that this will further P 161.3 B in our turnover. And for me, will help in our budget to be used by department administration. We need a small budget and the development of our economic problems.
Another P 5 B will be added to the budget year after withdrawal of the tariff on oil and right lateral friction. Revenues amounted country 4.7% of GDP compared to 6.7% in Thailand and 7.1% in Vietnam. The percentage is higher than Indonesia w / c includes about 4.1% of GDP.
It was also announced by President Gloria Macapagal - Arroyo, that the fiscal crisis was over w can anticipate a competitive economy. This year, 2005, we have all witnessed the great struggle against the weight of the dollar. The exchange rate last I heard was P55.68 = $ 1. A reason for this, I must say it was the dollar remittances that our brothers abroad (OFW) are sending their families here in the Philippines. Really helps to make some small relief to economic problems. It is not hidden to us that an additional 2% fee will be implemented on at times this year, and an equivalent weight of high compared with other monetary unit low inflation in goods and other staple things on the market. Others are already happy to finally be able to buy things imported. But the families of the OFW are sad, because their dollar equivalent in the hands of becoming an amount of dollars two years hence. (The last peso - dollar exchange rate is the highest since October, 2003). Are you sure that the weight will be more competitive if people do not hide their dollars, and not wait until the weight is deflated again. I must say that I will only be their fault if the weight continues to monitor the strength of the dollar.
I'm just thinking about a situation on which our economy can really be more competitive. And this is to invest. We all know that many investors in the country are foreigners. Are helping our economy, but the truth is that they are saving as a result of the Filipino. The Italians really work for them. And if the OFW, after returning to their homeland to invest their money, he / she can earn money with the Filipino for them. Broadly speaking, Filipino earn money in their own land. And years later, do not need to work abroad and be slaves. A lot of people around the world think that Filipinos are really good and dedicated to their work. One example is Bangladesh, where only a few are rich and educated. Filipinos are respected, because they are directing the economy of Bangladesh. They are really professional, but decided not to work for their country because of low pay. The government must think, as it is still early, on how they can give jobs for all, especially to all graduates. Graduate nurses are going to the United States, Canada and Taiwan because of the dollars they earn, but to look at our hospitals, and nurses can only count the good hands. We are exporting skilled doctors and nurses, and the remaining were the second red light.
The different figures show the strength Philippine economy is not only the basis to say that we are free from poverty. Each student must be educated. The most recent survey says that about 45 countries, the Philippines is one of the least, as tests on the 43rd in terms of education. Only 5% of the hundreds of thousands of students to pass the preliminary tests for high schools. And less and less able to speak English. On the squatter areas, you can see people dying of hunger on food. Only one of 10 on work and family is barely part time. So how can you say that our economy is struggling? I am in favor of imposing the additional 2% tax on goods, so a bit 'will be added to our revenue. But this is unfair because there is still a 'exemption. I read that the Big 3 (Shell, Caltex, Petron) are exempted to pay the tax, because it can control price inflation in the world market. They just always say that they are "Lugians" and make only small profit on their business. I do not think about them. How many cars and buses have in the Philippines? The government should not exempt these companies realized that only think for themselves.
I must congratulate the Arroyo administration to impose the tax on cigarettes and liquor (including beer and gin), because that alone "bisyo" our fathers and kuyas. And instead of treating their money on things so meaningless, why not buy food for their families. I also watched the news that will again impose another tax, and the last to be affected are the texters. And 'being reviewed by Senator Dick Gordon and want to use the income to make the education sector. For me, it's just fine. You think that any of our text, we can help a young student and ensure his education. But I must add, that a higher fee should be implemented to those who use mobile multimedia that do nothing but move pictures and video. Only the rich can do. Am I right? You know, they just pass the unwanted images of actors and actresses who are naked. And the videos are showing someone who is in the sex ratio. If tax will be imposed, pornography on mobile hand will be limited.
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