Bill Type
Congress Name
Long Title
AN ACT ENHANCING ECONOMIC COORDINATION, ADOPTING THE APPROPRIATE MECHANISM THEREFOR AND FOR OTHER PURPOSES
Date filed
July 2, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 392, 12th Congress of the Republic | |
| FULL TITLE : AN ACT ENHANCING ECONOMIC COORDINATION, ADOPTING THE APPROPRIATE MECHANISM THEREFOR AND FOR OTHER PURPOSES | |
| ABSTRACT : Rationale: This bill is anchored on the dictum that economic goal setting should properly involve the Congress, the Governor and Monetary Board of the Bangko Sentral ng Pilipinas (BSP) as well as the National Economic Development Authority (NEDA) headed by the President. In the process, we may achieve better synchronization of monetary and fiscal policy or at least minimize the negative implications of their divergence. Moreover, it should similarly provide flesh to the mandate of accountability and transparency of the BSP. | |
| PRINCIPAL AUTHOR/S : SALCEDA, JOEY SARTE | |
| DATE FILED : 2001-07-02 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Echiverri (025 ) | 2. Syjuco (041 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON ECONOMIC AFFAIRS ON 2001-07-24 |
Abstract
Rationale: This bill is anchored on the dictum that economic goal setting should properly involve the Congress, the Governor and Monetary Board of the Bangko Sentral ng Pilipinas (BSP) as well as the National Economic Development Authority (NEDA) headed by the President. In the process, we may achieve better synchronization of monetary and fiscal policy or at least minimize the negative implications of their divergence. Moreover, it should similarly provide flesh to the mandate of accountability and transparency of the BSP.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.