BY BULATLAT A party-list lawmaker said the government must go beyond its ‘band-aid solutions’ to the economic crisis. Anakpawis Representative said the Department of Labor and Employment’s (DOLE) package of solutions consists only of ‘band-aid solutions’ and does not correspond to the intense impacts of the economic crisis on locally-employed and overseas Filipino workers. Solutions…
Tags: Arroyo government’s response to the crisis
Despite P330-B Stimulus Package, Job Losses to Hit Around 1.2 M in 2009
Experts have described the recession as a “supercrisis”, which could be long and deep. Its impact on poor and underdeveloped economies like the Philippines is just starting to unfold. Obviously, emergency employment through a stimulus package as well as labor flexibilization and export will not do the trick. A total overhaul of the economy’s orientation…
Stimulus Package Mere Recycling, Misleading – Solons
Members of the House Committee on Economic Affairs grilled National Economic Development Agency (NEDA) Director General Ralph Recto over the P330-billion economic stimulus package at a hearing, February 4. The stimulus package, which is much touted by the Arroyo administration, turned out to be a mere repackaging of old programs. Bayan Muna Rep. Teddy Casiño called it a “simulation package”.