• Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
HERALD EXPRESS | News in Cordillera and Northern Luzon
ADVERTISEMENT
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
HERALD EXPRESS | News in Cordillera and Northern Luzon
No Result
View All Result
Home Region CAR

Solon warns slowdown of PHL economy without DAP

Dexter A. See by Dexter A. See
October 10, 2015
in CAR, Region
0
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

LA TRINIDAD, Benguet – An Administration lawmaker warned a significant decline in the country’s economic growth this year and the coming years with the projected owner spending by the government after the declaration of a portion of the controversial multi-billion Disbursement Acceleration Program (DAP) as unconstitutional by the Supreme Court (SC).

Rep. Ronald M. Cosalan, chairman of the House committee on public works, said the interference of the SC to purely political issues like government spending will translate to lowered government spending on infrastructure that will significantly affect current moves to attract the influx of investors to potential business opportunities in the different parts of the archipelago.

“Development goes with intensive government spending for infrastructure and livelihood which was the primary purpose of the DAP but now that it was partly declared unconstitutional, there will surely be economic slowdown in the country probably this year and the coming years,” Coslan stressed.

He said the failure of government to improve the infrastructure leading to the different potential growth areas in the country because of the restricted spending of money will not contribute in the government efforts to attract investors who want better quality of roads, telecommunication facilities among others.

Cosalan believes the country’s economic growth which was pegged by government economists at around 6.5 to 7 percent will not be achieved and that it will slide down to around 5 to 6 percent because of calibrated government spending.

He explained a huge portion of the DAP was primarily used to bankroll infrastructure development in most parts of the country through the building of roads, airports, seaports, among others to serve as an added attraction for investors to be lured to invest in potential business sites all over the country.

Cosalan branded the SC ruling against the DAP as a deterrent to the momentum of the Aquino administration to implement worthwhile projects in the countryside and deprive Filipino people with sustainable economic growth through increased employment opportunities and sources of livelihood that will tend to improve their living condition in the future.

He cited too much intervention by the high tribunal to the normal affairs of government does not speak well of the country’s political situation where there is likely an abuse on the part of the SC on its powers on check and balance.

He opined the continued use of the DAP for priority administration development projects in the under developed parts of the country would have allowed the Aquino administration to leave behind a legacy that would be treasured by the people.

Cosalan cited Congress will have to make do with the allowed project implementation of the executive budget considering the SC ruling against the DAP and people will have to wait longer for the completion of major infrastructure projects in their places in the coming years.

Previous Post

‘Tagisan ng aking Kakayahan, isip at talino’launched in Abra

Next Post

Cops pursue former mediaman’s assassins

Next Post

Cops pursue former mediaman’s assassins

ADVERTISEMENT

Recent News

Nickel Asia receives silver citation for Best Managed Basic Materials category in FinanceAsia Awards

Nickel Asia receives silver citation for Best Managed Basic Materials category in FinanceAsia Awards

June 18, 2025
NGCP’s Mariveles-Hermosa-San Jose 500kV Line now at full 8,000MW capacity

NGCP holds stakeholder consultation to tackle TDP 2025-2050

June 18, 2025
MP conducts PMRB capacity, deputation training 

MP conducts PMRB capacity, deputation training 

June 18, 2025
Atok LGU is regional literacy awardee

Atok to help boost booming tourism industry

June 18, 2025
ADVERTISEMENT
HERALD EXPRESS | News in Cordillera and Northern Luzon

Herald Express is a news organization based in Baguio City that has a weekly publication and an online news portal. The newspaper is circulated in the different provinces of Northern Luzon. The name of the fastest-growing publication in town is coined from the word ‘quick messenger’ which is self-explanatory.

Follow Us

Search

No Result
View All Result

© 2024 Baguio Herald Express | Website Design and Development by Neitiviti Studios

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT

Add New Playlist

No Result
View All Result
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us

© 2024 Baguio Herald Express | Website Design and Development by Neitiviti Studios