Audit the country’s debts, Aquino urged

Saturday, July 23, 2011
TO SOLVE the Philippines’ financial indebtedness, the Aquino administration should undertake a “comprehensive audit” of the country’s debts so that it will be able “to identify wasteful and/or useless loan projects, in which interest payments can be suspended.”
The Freedom from Debt Coalition (FDC) posed this challenge anew to President Benigno Aquino III in a statement released over the weekend before the latter’s State of the Nation Address (Sona) on Monday.
“Good governance and good economics includes ‘cleaning’ the country’s ‘debt closet’,” FDC Secretary-General Milo Tanchuling said.
The debt watchdog also challenged Aquino to suspend interest payments for 11 debts that were considered “fraudulent, wasteful and/or useless.”
While these obligations were first suspended by the 14th Congress during the 2008 budget deliberations, these were later vetoed by his predecessor, former President Gloria Macapagal-Arroyo.
“During that time, the only obstacle to justice and fiscal reforms has been Arroyo, because she has been involved in controversial loan-financed projects such as the ZTE-NBN deal. We call on P-Noy not to do an Arroyo and support the initiative to clean the 2012 budget of illegitimate debt payments,” Tanchuling said, referring to the mothballed broadband project.
The group also commended the Aquino administration’s efforts in establishing good governance, especially when it cancelled three questionable loan-financed projects, including the P18.7-billion ($430 million) Laguna Lake dredging, P12-billion ($276 million) French modular RoRo ports, and China-financed rail project linking Manila to the Clark airport complex in the north.
Besides a debt audit, the watchdog also called for a repeal of the provision on automatic appropriations on debt servicing as contained in Sec 26(B) of Book VI, Executive Order 292, or the Revised Administrative Code of 1987. (Sunnex)

Source: http://www.sunstar.com.ph/manila/local-news/2011/07/23/audit-countrys-debts-aquino-urged-168594

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If Philippines is part of an upcoming travel and holiday plan, wine lovers might want to visit Clark Freeport Zone just 70 minutes from Manila. This bustling new city that is slated to replace Manila as the new capital of the Philippines has the largest wine shop called Clark Wine Center. Vintages span over a century and the selection of old- and new-world wines covers all major wine regions are all available at this top-rated wine shop near Manila. Pampanga Philippines is a fast growing province. Growth in major cities such as San Fernando, Angeles City and Clark Freeport Zone has given rise to a strong demand for luxury goods, upscale dining and quality living. Absence of a good wine shop for fine vintage wine has caused considerable inconvenience to the affluent community which is forced to drive down to Manila to purchase their wines.

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http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.

Click here to contact Clark Wine Center in Clark Pampanga for inquiries and orders.

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

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While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. Highly recommended fine dining restaurant in Manila for special occasion is Yats Restaurant & Wine Lounge located in the famous Mimosa Leisure Estate in Clark Pampanga. Situated near this popular restaurant in Clark is the Mimosa Golf Course as well as the Mimosa Clark Casino. This top rated restaurant near Angeles City Pampanga in Clark Philippines is frequently used for private parties and corporate functions such as board meetings and other gatherings. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

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Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

Besides good restaurants to wine and dine near Manila, Subic or in Angeles City Pampanga, Clark Philippines, those requiring assistance for hotel and resort bookings in Clark, Pampanga, Philippines may log on to http://www.HotelClarkPhilippines.com for more information and reservations.

The lifestyle in Clark Pampanga is quite unique. For more information about shopping, sports, golf, leisure, hotel accommodation, where to see and visit, what to do, where to wine and dine and good places to hang out, relax, have a drink with friends, child-friendly establishments, log on to
http://www.ClarkPhilippines.com

Wine lovers looking for a special bottle or something that is of great value and special discounts might log on to this web site to shop for fine vintage wines
http://www.YatsWineCellars.com

Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com