MANILA, Philippines - Caloocan City hall employees may now avail again the benefits given by the Government Service Insurance System (GSIS), a city hall official said Tuesday.
Mayor Enrico ''Recom'' Echiverri said the employees can now look forward to better days because they can once again avail of the GSIS benefits, something that the past administrations have failed to accomplish even though they haven't been remiss in paying their monthly contributions.''
Echiverri cited that it is only during his term that the city government was able to remit the monthly contributions of the city hall employees, unlike in the past administration which, according to him failed, thus burying the city government in debt from the GSIS.
It will be recalled that as he assumed the position as city mayor in 2004, Echiverri had coordinated with the GSIS management to strengthen out the records of the city hall employees.
Before long, a memorandum of agreement (MoA) was reached between the two parties that resolved the problem.
Philippine economic growth in the first quarter slowed to a three-year low of 5.2 percent, well below forecasts, due to lethargic government spending and weak exports, officials said Thursday. "While growth in the private sector remains robust, the slower than programmed pace of public spending, particularly the decline in public construction, has slowed down the overall growth of the economy," Economic Planning Secretary Arsenio Balisacan told reporters. "Exports were the other source of the …