The National Budget of 2002: Funds for fascism and puppetry

Basahin ang artikulong ito sa Pilipino

The P780.8 billion national budget for 2002 reflects the intensified fascism and puppetry of the Macapagal-Arroyo regime.

The allocation for the military and police will be augmented by 27% while an additional 40.1% will be alloted for automatic foreign debt servicing. The allocation for foreign debt payments eats up the largest portion, up to P359.8 billion or 46% of the total budget. This translates to P986 million daily allocated for foreign debt payments. The overall allocation for the DND, AFP and PNP is more than P100 billion or 12.8% of the total budget. This would mean a P274 million daily budget for the military and police.

Meanwhile, the education budget was augmented by only 6.7%, and health, 6.4%. Despite Macapagal-Arroyo's much vaunted housing program, budgetary allocations for housing were reduced by 10%. For every person, only P0.35 a day was allocated for health, P3.00 a day for education and P0.05 for housing. While it speaks of land reform, the regime has reduced the budget of the Department of Agrarian Reform by 30% or more than P3 billion.

December 2001
English Edition

	Editorial: A year of hardships and ruthlessness for the people
	National Economic Summit: Furthering fascism and tightening the neocolonial stranglehold on the Philippines
	Special Purpose Assets Vehicle: Pushing the Philippines deeper in to the morass of neocolonialism
	The National Budget of 2002: Funds for fascism and puppetry
	Economic crisis: Some significant statistics
	Trickery with unemployment statistics
	Recession in the US, Japan and Germany: Crisis in the centers of capitalism
	Danding and the coco levy funds: Cojuangco shows he is still the master under the Macapagal-Arroyo regime
	SMC-Kirin Agreement: Cojuangco's maneuvers to maintain control over SMC
	The biggest case in the history of the puppet republic: Danding seizes lands in Isabela
	Reports from Correspondents: Agrarian revolution reaps gains in Isabela
	Reports from Correspondents: Ka Haren and Ka Baste: Revolutionary heroism in the face of the enemy
	Reports from Correspondents: On the status of the POWs in Far South Mindanao
	Fascist state on a rampage: People's travails in 11 months of militarization
	With full US imperialism support: Israel intensifies attacks on Palestinians
	Due to grave crisis: Uprising erupts in Argentina
	News