KAZUO MAI

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                    [ArticleID] => 274192
                    [Title] => GMA reacts to RP credit rating downgrade
                    [Summary] => BACOLOD CITY – President Arroyo said yesterday the downgrade in the country’s credit rating by the Japan Credit Rating Agency (JCRA) by one notch is an indication that the fiscal reforms that the government is currently initiating are not moving fast enough.


The President expressed hopes that the bicameral conference committee will consider coming up with a structure that has a higher range and wider scope that will bring in the P60 billion of the P80 billion needed for fiscal reforms.


                    [DatePublished] => 2005-04-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096446
                    [AuthorName] =>  Antonieta Lopez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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GMA reacts to RP credit rating downgrade

By Antonieta Lopez | April 17, 2005 - 12:00am

BACOLOD CITY – President Arroyo said yesterday the downgrade in the country’s credit rating by the Japan Credit Rating Agency (JCRA) by one notch is an indication that the fiscal reforms that the government...

Business