Sunday, March 16, 2008

Bayan Muna demands investigation of ODA-funded projects

Bayan Muna demands investigation of ODA-funded projects

THE Bayan Muna party called for an immediate investigation of government projects funded by foreign loans. Rep. Teddy CasiƱo urged Congress, through the Congressional Oversight Committee on Foreign-Funded Projects to review projects financed by overseas development assistance (ODA) to uncover anomalies involving them. The call was made after the sudden cancellation by Arroyo of 11 projects belonging to this category.

The projects are the Angat Water Utilization and Aqueduct Improvement Project Phase 2 in Metro Manila worth `5.75 billion; Bataan Manila Pipeline Project, `7.2 billion; LRT line 2 Phase 2 Extension (Santolan to Masinag, Antipolo), `10.33 billion; LRT line 1 North Extension, `5.98 billion; Cyber-Education Project, `26.48 billion; Mainline Southrail Project Phase 1A, `15.30 billion; LRT 1 line 1 South Extension (Pasay to Bacoor, Cavite) `15.3 billion; New Communications, Navigation, Surveillance and Air Traffic Management Systems Development Project in North Luzon, `2.64 billion; Regionalization of Mental Health Services in Luzon Urban Beltway, `1.32 billion; Redevelopment of Tacloban Airport Development Project Phase II, `1.12 billion; and even the construction of classrooms for elementary and high school that totals `45.67M. In total, these projects amount to `104 billion.



Choose to be Rich Program
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Liquidate your credit card loans. Take stock of your unsecured credit card debt by filling in the chart below. In the margin reorganize the list in descending order of interest rate. Pay off the card with the highest Annual Percentage Rates (APR) first then proceed doewn the line.

Credit Card - Minimum Monthly Payment - Balance - Interest Rate -

Sad to say (or the reverse) I don't have a credit card...



I AM SO HAPPY AND GREATFUL NOW THAT…
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1. I don't have a credit card!
2. I am intelligent and full of tactics!
3. I am a millionaire!
4. I am going to Dubai by July!

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