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Angara endorses admin's fiscal framework for economic recovery

Senator Sonny Angara (Photo courtesy ofSenate PRIB) MANILA - Senator Sonny Angara on Monday sponsored the Medium-Term Fiscal Framework (MTFF) prepared by the Marcos administration's economic managers. In a privilege speech, Angara said the MTFF's primary objective is to stabilize the fiscal house in the short-term, without hampering the efforts at jumpstarting the country's economic recovery and sustaining growth in the medium-term. "In that sense, the MTFF can stand as our first glimpse into the broad policy strokes that our administration wants to take that will be encapsulated and discussed more in detail in the Philippine Development Plan (PDP) 2022-2028, which is scheduled to be published by the end of this year," he said. During the recent meeting of the Committee on Finance, chaired by Angara, with economic managers, the representatives of the Department of Finance (DOF) explained that the MTFF shall serve as the country's blueprint, specifically for re ....

Juan Miguel Zubiri , Joey Salceda , Stella Quimbo , Marcelino Libanan , Manuel Jose Libanan , Benjamin Diokno , Martin Romualdez , Loren Legarda , Senate Concurrent Resolution No , Senate Majority Floor Leader Joel Villanueva , Committee On , Department Of Finance , Means Of The Senate , Philippine Development Plan , Sonny Angara , Medium Term Fiscal Framework , Gross Domestic Product , Senate Concurrent Resolution , Senate President Juan Miguel Zubiri , Senate President Pro Tempore Loren Legarda , Senate Majority Floor Leader Joel , House Speaker Martin Romualdez , Representatives Manuel Jose Libanan , Marikina Representative Stella Quimbo , Senator Sonny Angara Photo Courtesy Ofsenate Prib Manila On Monday Sponsored The Medium Term Fiscal Framework Mtff Prepared By Marcos Administration 39s Economic Managers Ina Privilege Speech , Ngara Said The Mtff 39s Primary Objective Is To Stabilize Fiscal House In Short Term ,