Thursday, 18 October 2012

PIA News Dispatch - Thursday, October 18, 2012


Aquino swears in Abaya, Cacdac in Malacanang
 
 President Benigno S. Aquino III swore in Thursday former Congressman Joseph Emilio Abaya as the new Secretary of the Department of Transportation and Communication (DOTC) and former Philippine National Police (PNP) Deputy Dir. Gen. Arturo Cacdac Jr. as the new head of the Philippine Drug Enforcement Agency (PDEA).

Abaya was appointed by the President as DOTC head following the death of the late Interior and Local Government Secretary Jesse Robredo last August.

Former senator Manuel Roxas II moved to the Department of the Interior and Local Government (DILG) and Abaya filled the position vacated by Roxas. Roxas and Abaya were confirmed by the Commission on Appointments last September 19.

Born on May 28, 1966, Abaya is the great-grandson of the first President of the Philippines, Gen. Emilio Aguinaldo. He is also a relative of the revolutionary hero Isabelo Abaya. His uncle, Gen. Narciso Abaya, served as chief of staff of the Armed Forces of the Philippines.

Abaya went to the University of the Philippines to study engineering. He also entered the Philippine Military Academy and later trained at the United States Naval Academy in Annapolis.

Abaya was elected as representative of Cavite first district in 2004 and three years later he earned a law degree from Ateneo de Manila University. He won two more congressional terms, in 2007 and in 2010. He is the current chair of the House committee on appropriations.

Abaya is married to Rowena Abesamis, a pediatrician. The couple has three children.

The new DOTC chief isn’t a stranger at the Palace. He served as aide-de-camp to former President Corazon Aquino when he was a young lieutenant in the Philippine Navy.

President Aquino appointed former Philippine National Police (PNP) Deputy Director General Arturo Cacdac Jr. as the new head of PDEA. Cacdac replaced Undersecretary Jose S. Gutierrez Jr.

A member of Philippine Military Class 1978, Cacdac was the second most senior official of the Philippine National Police. He bowed out of the service on October 11, triggering a top-level revamp in the police force.

Cacdac was the PNP’s deputy director general for administration when he retired. PND (as/1:58pm)


Aquino government continues to agressively implement reforms to generate economic and social gains to attain a more progressive economy
 
 The Aquino administration continues to aggressively implement reforms to generate economic and social gains after the ratio of the country’s debt to its total gross domestic product (GDP) declined to below 50%, a Palace official said on Thursday.

 The government remains optimistic in achieving the government’s goal of attaining a more progressive economy for the country due to its focus on fiscal management and reforms within the bureaucracy, Presidential Spokesperson Edwin Lacierda said in a regular press briefing in Malacanang on Thursday.

 “We have improved our revenue efficiency by two percent to GDP since President Aquino took office. Our deficit is way under our program," Lacierda said.

 "Our debt-to-GDP has declined to below 50 percent. We are rated two notches above investment grade by the market and we are definitely the most underrated country. We will continue to focus on getting deeper into the virtuous cycle,” he said.

 Various groups expressed concern over the "delay" of the passage of the Sin Tax bill by the Senate saying it can affect the Philippine's investment grade rating, according to reports.

 "With respect to the sin tax measure, it’s not yet over. So it’s going to be deliberated on. It’s not too late. There’s still no setback as far as we are concerned," Lacierda said when asked to comment.

 "The position taken by the Department of Finance is that they prefer the original DoF version. But, according to Secretary Cesar Purisima, they are willing to accept a lower amount of P40-billion provided that the other objectives of the bill such as the health and the WTO (World Trade Organization) issues are addressed," Lacierda said. PND (js)


Palace hopes to immediately settle issues with Senate over sin tax proposal
 
 Malacanang expressed hope that the Executive Branch and the Senate could soon agree on a compromise on the sin tax collection proposal for the benefit of the people.

 Citing the position of the Department of Finance, Presidential Spokesman Edwin Lacierda said in a press briefing on Thursday that the administration is open to ironing out the sin tax issue as long as it addresses the health and trade issues wanted by the Aquino administration.

 Lacierda said it would be a victory for the people if the government could get the P60-billion annual collection from sin taxes since it will address the healthcare coverage in a particular number of years.

 Lacierda also explained that the Department of Finance prefers the original P60-billion version but the department is also willing to accept a lower amount of P40-billion provided that the other objectives of the bill such as the health and the WTO issues are addressed.

 Asked if the administration got an assurance from the senators on a particular amount that they could work on, Lacierda said, legislators are amenable in figures between P40 billion to P60 billion.

 The Senate Ways and Means Committee recommended last week a measure that will raise P15 billion to P20 billion in additional tax revenues per year. The House of Representatives, on the other hand, approved last June its sin tax version, which is expected to raise P31.35 billion in the first year of implementation.

 The Palace proposal is pegged at P60 billion a year. PND (as/3:33pm)