Archive for December, 2007

Andaya insists budget without debt-service slash

If you’re new here, you may want to subscribe via email. Thanks for visiting!The Freedom from Debt Coalition today criticized Budget Secretary Rolando Andaya Jr. for floating the idea of imposing the presidential veto power over the decision of the House of Representatives to slash by P17.8 billion the foreign debt service appropriation in [...]

Pimentel bats for repeal of auto-appropriation to end recurrent feud on debt-service cut

Senate Minority Leader Aquilino “Nene” Q. Pimentel, Jr. (PDP-Laban) today challenged Congress to muster its political will to repeal the moribund martial law decree on automatic appropriation for debt payments to remove legal doubts whenever the legislature decides to reduce the debt service allocation in the annual budget.
Pimentel issued the challenge in the face of [...]

US lobbied against the cheaper medicines bill

Akbayan Rep. Risa Hontiveros revealed today that the US Trade Representative actively lobbied against the Cheaper Medicines bill, condemning in the strongest terms the intervention of the US in a purely sovereign affair. “They ought to be reminded that the Philippines is not a colony of the US,” Rep. Hontiveros said. [...]

Replace EPIRA with a pro-people power reform law!

As the House of Representatives continues its plenary deliberation on the proposed amendments to the Electric Power Industry Reform Act (EPIRA), as contained in substitute House Bill 3124, members of Freedom from Debt Coalition (FDC) staged a picket today to demand the repeal and replacement of the 2001 power sector privatization and restructuring law with [...]

Bali: A Missed Opportunity

Statement of Dr. Walden Bello*, President of the Freedom from Debt Coalition
The gap between the urgent threat of global warming and the collective will to do something about it has never been greater. The recently concluded Conference on Climate Change in Bali was a grand opportunity to act. Instead, it was another missed [...]