REVENUE PRIORITIES DON'T STOP AT TAX MEASURES: ARROYO.

(From Asia Pulse)

MANILA, March 15 Asia Pulse - Philippine President Gloria Macapagal-Arroyo today cited the central role played by the energy sector in her program for the countrys economic development, as she noted that her administration is not just looking at tax measures to raise revenues.

In a keynote speech at the awarding of outstanding electric cooperatives in Philippine Presidential Palace Malacanang, the President stressed that the privatization of the generation assets of the National Power Corp. (Napocor) will not only help reduce the consolidated public sector deficit and the public sector debt, but will also help raise funds for other …