Philippines' Aquino unveils $1.6B stimulus package

Ok ako dyan but where this stimulus package came from? from the under spent budget? If so, Aquino government should explain this to the people WHY such a huge amount of budget did not happen!

The title is misleading because the "high macroeconomic impact" can not be seen. Infrastructure project is fine if local industries exist to support it. Aside from cement and quarry products, however, most construction materials are imported. Most infrastructure project jobs are temporary, contractual. Now, money for relocating informal settlers have so far gone to naught because they always return to hazardous areas in the metropolis because they believe that that's where they can easily earn money. And there's still no viable plan to help the poor to permanently better their lives because of structural problems in land holdings and, generally, opportunities for the poor. I guess that things destroyed by typhoons should be repaired. But then government should look into Food Security, Self-Reliance on Power & Energy as anchor programs to have that "high microeconomic" impact it seeks.

Is it really right to call it a 'stimulus package?'

Kung sana noong maaga pa, napaggastusan ang infrastructure natin at sewerage system, hindi na natin kailangan gumastos ng ganito kalaki para sa relocation ng naapektuhan ng baha. Sana ang "poverty alleviation" investment is aimed at creating more jobs para naman hindi lang one-time big time ang tulong sa mahirap. Pansin ko kasi kay Pnoy, mahilig siya sa ganun, one time big time! He's trying to appease the masa. Sana naman hindi ganun at isipin niya ang long-term sustainability ng projects niya.

uhhhmmm ok din yan...that stimulus and all of those infrastructure improvements and projects will benefit the poor which does not have jobs. makaka work sila sa mga bagong projects ng gobyerno kasi kelangan ng labor force.

nga pala? bakit poor lagi ang tinitingnan nyo? panu kami? mga middle class who pays taxes? wag nyong kalimutan na kami ang nag papatakbo ng treasury nyo kaya kayo meron ganyan. don't invest sa mga di kayo kikita kagaya ng mahihirap. pwede naman tulungan wag lang spoon feeding. eh yung iba dyan talamak na tamad eh

Okey'''Okey'' everything is under control. maganda ang layunin ni Pnoy. but all we need to do now is push all together the FREEDOM INFORMATION BILL to avoid fund project corrupted by the great and beloved politicians, at sa mga mamamayan. bantayan po nating lahat ang mga opisyal ng ating gobyerno dahil iiral nanaman ang pagkabuwaya ng mga ito sa laki ng pondong nakalahan sa mga proyekto ng ating gobyerno. yong mga Mayor, Governor, Congressman. ito ang mga salot sa mga proyekto ng ating bayan. kasama narin diyan ang mga city engineers at contractors. magbantay po tayong lahat. pag may nasilip kaagad ipaalam sa media huwag sa mga tangapan ng ating gobyerno dahil kasabwat nila yang mga yan.

IF the United States is going to donate funds for the Philippines I ask them to give to excellent organizations who will use the money for good purposes. In particular private firms will have better ways of doing that than the government.

dapat sa buong pilipinas gamitin ang pera di lang sa metro manila. kung tulong sa mahirap dapat kabuhayan ang ibigay hindi cash kasi maubos lang yan sa ibang bagay lalo na sa sugal

OH great here comes more inflation!

About Time Mr.President Noy Finally u made a good decision,si Gloria gastos ng gastos corrupt naman Ikaw di corrupt takot na takot naman gumastos, kaya wala tau pagasenso,U have to spend money in order to make money,kakaawa naman ang daming pinoy ang naghihirap!

This is exactly what Sen. Angara was talking about. Sounds like PNoy finally realized it is essential the government spend to sustain the livelihood projects which affects mostly the poor and the marginalized. Forget what critics might say. Proactive governance is smart governance.

I can smell racial discrimination.

P-Noy saludo ako sa inyo, please do not stop helping the poor.

It's time to redefine the physical look of MM and the PH as a whole; time has changed due to climatic, economic and global developments. I hope these measures would boost morale among us and the government should improve policies in order to prevent problems from recurring to a great degree.

the government should spend the money sa mga projects na nakakabuti sa marami kagaya ng effective drainage system para d na kailangan ang mga evacuation centers. Kasi yong mga evacuation centers ay temporary lang..lets have a permanent solution sa problem. Nakakasira din kasi ng image yong palagi nalang tayon binabaha, may sakuna, at maraming humihingi na relief goods..masama yata ang impact para sa investors natin baka maghanap nalang sila ng other countries na pwede silang maginvest yong less and sakuna at kung meron man ay maagang naagapan, d kagaya sa atin...kaya sana humwag magwaste ang ating government ng pera para sa walang kabulohang projects nila...

I Hope dagdagan ang budget sa edukasyon hindi yong binawasan pa. PEACE...

Maganda yan, kung makikita lang natin ang magandan resulta nang mga ito... Sa bagay pera naman ng taong bayan yan eh... pakinabangan nalang natin, key sa mapunta lang yan sa maga buayang opisyal....

is this true? stimulus package? libreng edukasyon nga pamahal ng pamahal. ganun na ba ngayon ang libre binabayaran na. how come? and yet may package? sana this will work properly. at may makitang epekto itong package na ito. marami na kasing package ang naibigay ni CGMA. haiz. Mabuhay Ang Pilipinas!

Very good idea Mr. P'Noy. Just make sure that more of the amount will get to the intended recipients instead of government officials getting the bulk of it.

goodbye peso.. hello inflation