President Duterte’s economic managers approved the grant of fuel subsidies, giving public transportation sector the much-needed relief from skyrocketing pump prices. The inter-agency Development Budget Coordination Committee (DBCC) announced Monday, Oct. 25, that the government will shell-out P1...
The national government’s budget deficit breached the P1 trillion mark in the first three quarters of the year, but cuts in expenditures allowed the Duterte administration to keep the funding gap below the ceiling. The Bureau of the Treasury reported Monday, Oct. 25, that the national...
Senator Cynthia Villar on Friday could not help but lose her temper when she scrutinized the proposed P505-million budget of the National Tobacco Administration’s (NTA) budget for 2022. NTA, an agency under the jurisdiction of the Department of Agriculture (DA), had included in its proposed...
Senators are eyeing a special provision under the proposed 2022 General Appropriations Act (GAA) that would put an end to the practice of government agencies of transferring their funds to the Department of Budget and Management’s Procurement Service (DBM-PS) and the Philippine International...
Presidential Spokesperson Harry Roque doesn't think Congress--in particular, the Senate--would allow a reenacted national budget to be signed for 2022, an election year. Presidential Spokesperson Harry Roque (Photo from Harry Roque's Facebook) Roque was the sole guest of the Kapihan sa Manila Bay...
President Duterte has dared the Senate to make good of its supposed threats to slash the allocations of certain agencies amid the ongoing 2022 national budget hearings of the legislative chamber. JUST DO IT--President Duterte challenges the Senate to significantly reduce the budgets of certain...
Speaker Lord Allan Velasco has vowed to transmit to the Senate the proposed P5.024-trillion General Appropriations Act on October 27 to ensure the timely enactment of the measure. Speaker Lord Allan Velasco3 This after a five man committee in the Lower House consolidated the proposed amendments to...
The House of Representatives on Thursday, Oct. 14 re-aligned a total P65.504 billion from the proposed 2022 national budget of P5.024 trillion to finance priority programs under a pandemic situation that included the procurement of additional anti-COVID 19 vaccines and booster shots. House of...
Some senators have urged the Department of Health (DOH) to include hospital janitors and other frontline health workers to be included in the distribution of Special Risk Allowance (SRA) benefits. Senator Panfilo Lacson said it is imperative that the DOH also consider the plight of other workers in...
The Senate Finance subcommittee on Tuesday, Oct. 12 swiftly approved the Commission on Audit’s (COA) proposed P14.463-billion budget for 2022. Senator Sonny Angara, chair of the Senate finance panel, automatically endorsed COA”s proposed funding to the plenary after no senators interpellated or...
Senators favored on Monday, October 11, the inclusion of a special provision in the 2022 national budget that would prohibit the Commission on Filipino Overseas (CFO) from collecting "unauthorized" registration fees. (MANILA BULLETIN File Photo) This, after the officials of the CFO failed to...
Presidential aspirant Senator Emmanuel "Manny" Pacquiao on Monday, October 11, asked the Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC) to investigate on reports that Starpay Corporation deposited with a private bank billions in government funds intended for the...
