{"id":241480,"date":"2020-01-06T18:33:38","date_gmt":"2020-01-06T23:33:38","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=241480"},"modified":"2020-01-06T18:33:38","modified_gmt":"2020-01-06T23:33:38","slug":"romualdez-lauds-signing-of-pro-poor-2020-budget","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/01\/06\/romualdez-lauds-signing-of-pro-poor-2020-budget\/","title":{"rendered":"Romualdez lauds signing of \u2018pro-poor\u2019 2020 budget"},"content":{"rendered":"<figure id=\"attachment_216371\" aria-describedby=\"caption-attachment-216371\" style=\"width: 960px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/52373506_952210778307764_3564252999419166720_n.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-216371\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/52373506_952210778307764_3564252999419166720_n.jpg\" alt=\"\" width=\"960\" height=\"698\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/52373506_952210778307764_3564252999419166720_n.jpg 960w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/52373506_952210778307764_3564252999419166720_n-300x218.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/52373506_952210778307764_3564252999419166720_n-768x558.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-216371\" class=\"wp-caption-text\">In a statement, Romualdez said the 2020 budget priorities include social services, peace and security, and infrastructure to support the administration\u2019s Build, Build, Build program. (File <a href=\"https:\/\/www.facebook.com\/iamMartinRomualdez\/photos\/a.952210454974463\/952210771641098\/?type=3&amp;amp;theater\">Photo<\/a>: <a href=\"https:\/\/www.facebook.com\/iamMartinRomualdez\/\">Martin Romualdez\/Facebook<\/a>)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>&#8212; House Majority Leader Martin Romualdez on Monday welcomed the signing into law of a \u2018pro-poor\u2019 national budget for 2020 that will carry President Rodrigo Duterte\u2019s commitment of social payback to give Filipinos a comfortable life.<\/p>\n<p>In a statement, Romualdez said the 2020 budget priorities include social services, peace and security, and infrastructure to support the administration\u2019s Build, Build, Build program.<\/p>\n<p>\u201cThe huge allocation for social services carries the President\u2019s programs to create more jobs, generate investments, better access to health care, free education, and other basic social services,\u201d Romualdez said.<\/p>\n<p>The House leader assured that the national budget has no pork, no parking, and no delay, as he expressed optimism that the new law would help meet the country\u2019s economic target of 6.5 percent to 7.5 percent growth for 2020.<\/p>\n<p>\u201cWith democracy at work in the House under the leadership of Speaker Alan Peter Cayetano, we managed to craft a national budget that is truly a collaborative product of hard-working legislators,\u201d he said.<\/p>\n<p>Romualdez said the House leadership would continue to push for the passage of key pieces of legislation to \u201csustain and accelerate the economic growth momentum for the benefit even of ordinary Filipinos.\u201d<\/p>\n<p>He noted that the lower chamber has already approved on third and final reading the measure amending the Foreign Investment Act of 1991, the Passive Income and Financial Intermediary Taxation Act (PIFITA), and the Corporate Income Tax and Incentive Rationalization Act (CITIRA) to promote the country as a viable investment destination.<\/p>\n<p>\u201cThese bills are important parcels of the Comprehensive Tax Reform Program (CTRP) that is required to help reach the A Credit Rating goal of the Duterte administration,\u201d he said.<em><strong>\u00a0<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA&#8212; House Majority Leader Martin Romualdez on Monday welcomed the signing into law of a \u2018pro-poor\u2019 national budget for 2020 &hellip;<\/p>\n","protected":false},"author":44,"featured_media":216371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[],"class_list":["post-241480","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","mauthors-filane-mikee-cervantes","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/241480","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=241480"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/241480\/revisions"}],"predecessor-version":[{"id":241481,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/241480\/revisions\/241481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/216371"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=241480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=241480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=241480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}