Senators have urged the Senate to restore the P10-billion slashed from the Department of National Defense (DND) proposed budget for 2025, citing the funding’s crucial role in advancing the Armed Forces of the Philippines (AFP) modernization program. Sen. Joseph Victor “JV”...
Senator Christopher “Bong” Go has called on the Department of Migrant Workers (DMW) and the Overseas Workers Welfare Administration (OWWA) to ensure that their hotlines are open for all Filipino migrant workers and ensure that assistance remains readily available whenever needed. During...
Some 200 personnel from the Office of the Vice President (OVP) stand to lose their jobs amid its now depleted allocation for the year 2025, Vice President Sara Duterte said. Vice President Sara Duterte (MB Photo) This came as senators approved the P733-million outlay of the OVP in just less than 10...
Budget Secretary Amenah F. Pangandaman has approved the release of P875 million to replenish the Department of Social Welfare and Development's (DSWD) Quick Response Fund (QRF) to ensure timely support for families affected by typhoons. An Oct. 30 report indicated that the DSWD's available QRF had...
Senator Ramon “Bong” Revilla Jr. has urged the government not to leave employees of the Optical Media Board (OMB) in limbo. During the Senate’s hearing on the proposed budget of the OMB for 2025, OMB’s primary function was put into question after Senate President Pro Tempore Jinggoy...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last Nov. 7, I had the honor to speak on our country’s key investment imperatives in one of the event tracks of the Singapore Fintech Festival (SFF), the premier platform for the global FinTech community to engage, connect,...
Senator Joel Villanueva underscored the need to ensure that sufficient funding is allocated for the implementation of enacted laws. Villanueva, Senior Vice Chairperson of the Senate Committee on Finance, pointed out that a 2023 Department of Budget and Management (DBM) report revealed that over 200...
The government will provide 25 kilograms of rice assistance to all active military and uniformed personnel (MUP) to help them manage socio-economic challenges and support the agriculture sector. Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman commended the president for...
Vice President Sara Duterte admitted that the Office of the Vice President’s (OVP) free bus rides, financial assistance, and operations of its satellite offices will be affected by the budget cut adopted by the Senate in next year’s national budget proposal. Vice President Sara Duterte...
Senate Minority Leader Aquilino "Koko" Pimentel III on Sunday, November 10 urged state economic managers to exercise fiscal discipline in light of the government's ballooning debt which now stands at P15 trillion. Pimentel expressed his concern in a radio interview as he reiterated his call...
Following the lower-than-expected third-quarter growth, the Department of Budget and Management (DBM) said it will prioritize agriculture and climate action to foster stronger economic growth in the year’s final three months. “We will reinforce our prioritization of agriculture and climate...
The Department of Education (DepEd) announced on Friday, Nov. 8, that it has successfully defended its budget in the Senate following deliberations at the plenary level. (Photo courtesy of DepEd) In a statement, DepEd confirmed the Senate’s approval of its P793.740-billion budget for next...