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Corruption, wastefulness and wrong priorities are the real reasons behind the gargantuan deficit in the government's national budget
- Up to P100-200 billion is squandered annually because of corruption. A United Nations Development Program study shows that 70% of the amount wasted is due to public works anomalies and 30% to anomalies in the purchase of supplies and equipment.
- Over 67% (or P600 billion) of the proposed 2005 budget will be eaten up in servicing the Philippines' external debt.
- Over P90 billion or about 10% of the proposed budget for 2005 will go to the Department of National Defense, the AFP, PNP and Malaca�ang's intelligence fund. The amount will be used to suppress the people and violate their human rights. Add to this the amount that will be squandered on the luxuries enjoyed, the kickbacks collected and the other anomalies perpetrated by high-ranking officers in the military and police.
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 07 August 2004
English Edition
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Ang Bayan is the official news organ of the Communist Party of the Philippines issued by the CPP Central Committee. It provides news about the work of the Party as well as its analysis of and standpoint on current issues.
AB comes out fortnightly. It is published originally in Pilipino and translated into Bisaya, Ilokano, Waray, Hiligaynon and English.
Acrobat PDF files of AB are available online for downloading and offline reading printing. If you wish to receive copies of AB via email, click here. |
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