{"id":239971,"date":"2019-12-13T21:40:47","date_gmt":"2019-12-14T02:40:47","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=239971"},"modified":"2019-12-13T21:40:47","modified_gmt":"2019-12-14T02:40:47","slug":"dominguez-eyes-positive-outcome-for-proposed-20-natl-budget","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/12\/13\/dominguez-eyes-positive-outcome-for-proposed-20-natl-budget\/","title":{"rendered":"Dominguez eyes positive outcome for proposed &#8217;20 nat\u2019l budget"},"content":{"rendered":"<figure id=\"attachment_222278\" aria-describedby=\"caption-attachment-222278\" style=\"width: 1350px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/07\/20180108-ph-JAL1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-222278\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/07\/20180108-ph-JAL1.jpg\" alt=\"\" width=\"1350\" height=\"900\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/07\/20180108-ph-JAL1.jpg 1350w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/07\/20180108-ph-JAL1-768x512.jpg 768w\" sizes=\"auto, (max-width: 1350px) 100vw, 1350px\" \/><\/a><figcaption id=\"caption-attachment-222278\" class=\"wp-caption-text\">FILE: Finance Secretary Carlos Dominguez III at the New Executive Building in Malaca\u00f1ang on January 8, 2018. TOTO LOZANO\/Presidential Photo<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; Finance Secretary Carlos Dominguez III is optimistic of a fresh start in 2020 vis-\u00e0-vis the outcomes of budget deliberations.<\/p>\n<p>\u201cClearly, much improvement over last year so we\u2019re quite pleased that we will start the year with honest to goodness 2020 budget rather than what happened this year,\u201d Dominguez said in a briefing after the 177th Development Budget Coordination Committee (DBCC) meeting at the Department of Finance (DOF) Wednesday.<\/p>\n<p>Both the House of Representatives and the Senate approved and ratified the proposed PHP4.1-trillion national budget for next year.<\/p>\n<p>This is a change from what happened to this year\u2019s national budget, which was approved only last February and signed into law last April 15.<\/p>\n<p>The delayed approval of the budget hampered the government\u2019s ability to spend according to program and negatively affected the infrastructure program.<\/p>\n<p>This was aggravated by the construction ban during the election period thus, economic growth averaged at 5.8 percent in the first three quarters, below the government\u2019s trimmed range of 6 to 6.5 percent for the year.<\/p>\n<p>Economic managers remain optimistic of within-target growth this year as the government continues to implement its catch-up spending program to address the weaker growth in the first half of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; Finance Secretary Carlos Dominguez III is optimistic of a fresh start in 2020 vis-\u00e0-vis the outcomes of budget deliberations. &hellip;<\/p>\n","protected":false},"author":44,"featured_media":222278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-239971","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/239971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=239971"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/239971\/revisions"}],"predecessor-version":[{"id":239972,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/239971\/revisions\/239972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/222278"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=239971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=239971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=239971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}