Top 10 fiscal economic stories of 2024
I have listed what I consider the major fiscal/economics trends of this year. The first five are global, the next five are local or Philippine issues.1. The government or public debt to GDP ratio continues to deteriorate in many countries.
National Government fiscal performance
THE National Government’s (NG) budget deficit widened to P213 billion in November, as revenue collections dipped and spending accelerated, Treasury
Meralco to top energy sales goal this year
MERALCO.COM.PHMANILA Electric Co. (Meralco) expects to exceed its sales growth target this year, driven by the residential and commercial segments, according to a high-ranking official.The company had set a target energy sales volume of 53,473 gigawatt-hours (GWh) this year —
Expect a quieter Jan. 6 this time around — as long as Republicans avert a looming speakership crisis
Donald Trump’s victory has made Jan. 6 boring again. Four years after a mob of Trump’s supporters stormed the Capitol to prevent Congress from certifying Joe Biden’s victory, Republicans and Democrats seem to agree they’ll give Trump the smooth, drama-free
How Schumer is prepping for Trump 2.0
In less than a month, elected Democrats will find themselves with a lot less power in Washington, with a GOP-controlled House, Senate and White House resulting in a landscape in which their ability to tussle with President-elect Donald Trump will