Election spending, dakung kontribusyon sa ekonomiya

by | Feb 1, 2013 | Headlines

TAGBILARAN CITY, Bohol, Feb. 01 (PIA)–NAGTUO ang Malakanyang nga dakung kontribusyon sa ekonomiya na nasud ning tuig ang mga galastuhon sa mga kandidato sa nagsingabot nga eleksyon.

Karong tuig, naa sa 6 hangtud 7 percent ang target nga paglambo sa ekonomiya tungod sa nasinating momentum.

Matud pa ni Presidential Spokesman Edwin Lacierda, mosulod ang dakung kwarta gikan sa campaign expenditures nga magamit sa nagkalain-laing proyekto.

Si Lacierda nagkanayon nga naglaum silang sama sa niaging tuig, malabwan na usab ang growth target sa 2013 hangtud sa 2014.

Dugang pa niya, kini ang resulta sa mga repormang gisugdan ni Presidente Benigno “Noynoy” Aquino III ug bunga usab sa maayong pagdumala.

Sama sa ilang giingon, “good governance” adunay “good economics.”

“Well, that’s the target. We just asked DBCC (Development Budget Coordination Committee), what was the target for this year. They said, 6 to 7 percent, and so with the growth of… This is… coming election season, so we’ll expect expenditures to rise and so we also expect our infrastructure to continue. (Socioeconomic Planning) Secretary (Arsenio) Balisacan has already mentioned the growth target as well as how we look at the past year and how we’re looking forward to the next year. So we’re confident that we will be able again to reach the target six to seven percent GDP growth,” matud pa ni Lacierda. (PIA-Bohol/ecb/i-ed)

Malakanyang, suportado ang panaghisgotay tali sa KBP ug Comelec

TAGBILARAN CITY, Bohol, Feb. 01 (PIA)–SUPORTADO sa Malakanyang ang gihimong panaghisgot sa Comelec ug mga stakeholders kalabot sa gi-kwestiyong mga bag-ong sumbanan sa piniliay.

Kahinumdoman nga gawas sa bag-ong airtime limit sa mga campaign ads, gi-kwestiyon usab sa Kapisanan ng mga Brodkaster ng Pilipinas (KBP) ang probisyong nag-ingon nga angay mokuha og clearance o mo-abiso una ang usa ka media station sa Comelec sa dili pa mo-interview og usa ka kandidato. Nagtuo ang KBP nga paglapas kini sa Batakang Balaod.

Matud pa ni Deputy Presidential Spokesperson Abigail Valte, maayo nga venue kini aron masulbad ug madungog ang tanang mga concerns ilabi na sa media.

Apan si Valte nagkanayon nga sa katapusan, naa lamang sa Comelec ang pagdesisyon kun unsa ang mga angay ipatuman nga election rules.

Giingong basta angay lamang masiguro nga tanang ipatuman nga patakaran, mahisubay sa Batakang Balaod. (PIA-Bohol/ecb/i-gg)

PH economy posts GDP growth of 6.8 percent in Q4 2012

by | Feb 1, 2013 | National News

The country’s Gross Domestic Product (GDP) grew by 6.8 percent in the fourth quarter of 2012, paving the way for the full-year GDP estimate to post a broad-based growth of 6.6 percent. The increase was fuelled by the robust performance of the Services sector led by Trade and Real Estate, Renting & Business Activities as well as the substantial improvements of Manufacturing and Construction.

On the demand side, Household Final Consumption Expenditure (HFCE) together with government spending, the recovery of capital formation and the remarkable performance of the external trade contributed to the healthy growth of the economy in the fourth quarter and the whole year of 2012.

On an annual basis, Gross National Income (GNI) and Net Primary Income from the rest of the world (NPI) expanded to 5.8 percent and 3.3 percent in 2012 from 3.2 percent and 1.0 percent, respectively in 2011.

In the fourth quarter, NPI increased by 0.9 percent in 2012 from 6.2 percent in the same period in 2011 resulting to GNI’s growth of 5.4 percent in 2012 from 4.5 percent in the previous year.

Meanwhile, seasonally adjusted GDP and GNI grew by 1.5 percent and 1.2 percent, respectively during the current quarter. The Agriculture, Hunting, Forestry and Fishing (AHFF) and the Services sectors rose by 0.1 and 1.2 percent, respectively, while the Industry sector expanded by 2.5 percent due to the growth of Construction and Manufacturing.

With the robust economic growth in 2012, per capita GDP accelerated to 4.8 percent from 2.2 percent in 2011 while per capita GNI climbed by 4.0 percent in 2012 from 1.5 percent in 2011. On the other hand, per capita Household Final Consumption Expenditure (HFCE), slightly decelerated to 4.4 percent from 4.5 percent.

With the 6.8 percent GDP growth in the fourth quarter, per capita GDP, GNI, and HCFE rose to 5.1 percent from 2.3 percent, 3.7 percent from 2.8 percent, and 5.2 percent from 4.6 percent, respectively. (NSCB)