President Marcos has warned Congress that he will reject the proposed 2026 national budget if it deviates from the government’s national expenditure program (NEP), even at the risk of operating under a reenacted budget. Marcos said this following a scathing critique of corruption and...
Even with the weaker-than-expected gross domestic product (GDP) growth figures last year and in recent quarters, the Department of Finance (DOF) argued that the Philippine economy grew at an average rate of 5.9 percent—among the fastest-growing Asian economies—since President Ferdinand Marcos...
Senator Panfilo “Ping” Lacson on Sunday, July 27 said he is confident there are still other venues where senators can inquire about the evidence in the impeachment case filed against Vice President Sara Duterte. One such forum to take up the controversy surrounding Duterte’s use of...
The Department of Budget and Management (DBM) has released a total of ₱1.6 billion to replenish the Quick Response Funds (QRFs) of the Department of Social Welfare and Development (DSWD) and the Department of Public Works and Highways (DPWH). This move comes in response to the successive typhoons...
A group of education workers on Friday, July 25, strongly condemned the Supreme Court 's decision to dismiss the impeachment complaint filed against Vice President and former Department of Education (DepEd) Secretary Sara Duterte, calling it a “grave injustice” and a blow to public...
Senate President Francis "Chiz" Escudero addressed recent allegations surrounding the supposed insertion of P142.7 billion in the 2025 national budget, calling the accusations politically motivated. “Madali namang sagutin basta may nagsasalita. Ang hirap makipag-debate kay sources. Mahirap...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has assured the public that the Marcos administration has sufficient funds to address the needs of areas affected by recent flooding and the expected typhoons that may hit the country. Pangandaman said in a July 24 statement...
Central banks in Southeast Asia, where economies like the Philippines export a wide array of goods to the United States (US), are expected to cut interest rates some more as tariffs take effect next month, according to the think tank Capital Economics. In a July 23 report, Capital Economics senior...
Former vice presidential spokesman Barry Gutierrez has strongly condemned Senate President Francis "Chiz" Escudero for the alleged P142.7-billion worth of insertions in the 2025 national budget. In a statement, the former lawmaker and spokesman of ex-vice president and now Naga City Mayor Leni...
Despite having limited budget, the Office of the Vice President (OVP) plans to revive past programs and projects from any excess funds on its yet-to-be-approved 2026 budget. Lawyer Ruth Castelo, the OVP’s spokesman, said in an interview on SMNI that their office put in plans to still be able to...
While the Philippine economy has already been recovering from its deep recession during the height of the Covid-19 pandemic, hitting its growth potential of six percent would be challenging given the global uncertainties spilling over domestically, according to the Department of Finance (DOF)....
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Every child holds a promise for the future of our country. To reach their full potential and be productive members of society, they must be given a fair start in a nurturing, safe, and secure environment — not only to survive but to...