Wednesday, August 20, 2014

Suertres Tips/Swertres Tips of the Philippines and Lotto Results Today - Aug 20 2014
DAP ruling, court orders causing underspending?

Senate President Frank Drilon and economic managers say the Supreme Court's decision on DAP and restraining orders on government projects affect growth
Ayee Macaraig
Published 4:14 PM, Aug 19, 2014
Updated 4:15 PM, Aug 19, 2014

ADDRESSING UNDERSPENDING. Budget Secretary Florencio Abad tells senators the administration is working to boost spending even without DAP.

MANILA, Philippines – Will the Supreme Court’s ruling on the administration’s spending program lower government spending and dampen the Philippines’ economic growth?

Senate President Franklin Drilon warned against this scenario as he and economic managers cited instances where the judiciary stepped in to stop what they called “executive actions” and “business decisions.”

In the presentation of the P2.606 trillion ($59.943 billion) national budget for 2015, Drilon expressed concern about what he called the tremendous dip in government spending from 10% of GDP in the first quarter of 2013 to a mere 2% in the same quarter in 2014.

While the Senate leader related this to factors like the efficiency of individual departments, he party blamed it on the Supreme Court's ruling declaring key acts of the Disbursement Acceleration Program (DAP) unconstitutional.

A key administration ally, Drilon echoed President Benigno Aquino III and Budget Secretary Florencio Abad in saying that the decision has a “chilling effect” on the bureaucracy.

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Suertres tips/Swertres tips - Latest;
Yesterday's results are at the bottom



Lotto Results Today - PCSO
For August 19, 2014 Tuesday

EZ2 Lotto
Morning edition 11am: 16-09
Afternoon edition 4pm: 13-29
Evening edition 9pm: 29-12
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Morning edition 11:00 am: 8-3-3
Afternoon edition 4:00 pm: 0-9-6
Evening edition 9:00 pm: 4-7-5
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6 Digit Luzon
9pm: 2-1-9-2-4-2
Winning numbers in exact order

BINGO Milyonaryo
9pm: B = 5 I = 3 N = 7 G = 2 O = 20 M = 02
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11am: B = 9 I = 0 N = 1 G = 7 O = 28 M = 37
Winning numbers in exact order

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Current Jackpot:  Php 16,988,484.00
Winning numbers in any order

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Current Jackpot: Php 16,000,000.00
Winning numbers in any order

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