Philippine President Benigno Aquino gives an address at the Malacanang Palace in Manila on October 15, 2012. Aquino on Wednesday signed into law a 2.005 trillion-peso ($49 billion) budget for 2013, ... more 

Philippine President Benigno Aquino gives an address at the Malacanang Palace in Manila on October 15, 2012. Aquino on Wednesday signed into law a 2.005 trillion-peso ($49 billion) budget for 2013, vowing to use higher taxes on tobacco and alcohol to boost programmes to reduce poverty less