Senator JV Ejercito vowed tightened scrutiny in the national budget process, including efforts to prevent last-minute insertions and post-enactment interventions as Congress begins deliberations on the proposed 2027 national budget. “Ang hamon sa atin bilang Finance Committee Chairman ay hindi...
Senator Panfilo “Ping” Lacson on Saturday raised concerns over what he described as “questionable” lump-sum appropriations for infrastructure projects included in the proposed P7.2-trillion national budget for 2027. Lacson said he would seek clarification from the government agencies...
For a long time, the prevailing narrative surrounding Islamic banking in the Philippines was trapped in a narrow frame. Most consumers assumed it was a niche service exclusive to Muslim communities or strictly intended for regional development in Mindanao. Amenah “Mina” Pangandaman,...
CEBU CITY–Sen. JV Ejercito assured that the budget deliberations for the proposed 2027 national budget will be transparent. As chairman of the Senate’s Finance Committee, Ejercito said he would ensure transparency in the deliberation of the National Expenditure Program for 2027, which stands at...
Senate Finance Committee chief Senator Joseph Victor “JV” Ejercito on Thursday, August 13, vowed that he would not allow the “leadership fund” in the proposed 2027 national budget under his watch. Ejercito, who recently assumed leadership of the finance panel, said this in an interview at...
Malacañang made an assurance that there is no "leadership fund" under the proposed 2027 national budget. "Ayon sa DPWH ay wala silang ganitong klaseng mga fund ((According to the Department of Public Works and Highways, they have no such kind of fund)," Palace Press Officer and Communications...
Malacañang has challenged what it described as conflicting criticisms of the proposed 2027 national budget, after lawmakers separately faulted the government for allegedly focusing too much on aid in previous budgets and for reducing social spending in the new spending plan. Presidential...
Senator Panfilo “Ping” Lacson has filed a resolution seeking an investigation into the rehabilitation and repair of Epifanio delos Santos Avenue (EDSA) after fresh potholes emerged on newly repaired portions of the highway following recent monsoon rains. In filing Senate Resolution No. 594,...
Senator Panfilo “Ping” Lacson on Thursday, August 13 renewed his call to abolish the so-called “leadership fund” or “allocables” from the national budget, saying it is not merely another form of pork barrel, but a worse version of the outlawed system. Lacson made the remark following...
President Marcos’ economic managers will outline their roadmap for navigating global market volatility and domestic pressure at the annual Economic Journalists Association of the Philippines (EJAP) forum on Friday, Aug. 14. Finance Secretary Frederick Go, Bangko Sentral ng Pilipinas (BSP)...
Flood control funding is back. But its return to the proposed 2027 national budget should not be treated as a routine restoration of government spending. It should serve as a test of whether the state has learned anything from the scandal that badly damaged public trust in infrastructure projects....
Former Finance Secretary Benjamin E. Diokno warned that the proposed ₱7.2-trillion national budget for 2027 will be exceptionally tight, constraining government flexibility as economic growth slows and borrowing costs escalate. Speaking at the Kapihan sa Manila Bay forum on Wednesday, Aug. 12,...