One of President's economic managers said the Marcos administration will carefully review every provision in the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act. Budget Secretary Amenah F. Pangandaman said on Thursday, Oct. 19, that the economic managers align...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. On Oct. 5, our nation joined the international community in observing World Teacher's Day, the culmination of our National Teacher's Month celebration. The global theme, “The teachers we need for the education we want: The global...
Senators on Tuesday, October 17 expressed their support to the Bureau of Fisheries and Aquatic Resources’ (BFAR) budget request for the purchase of three monitoring, control and surveillance (MCS) vessels to help fisherfolk in the West Philippine Sea. This was after BFAR Director...
The International Monetary Fund (IMF), through its Fiscal Division, commended the Philippines for proactively improving its Public Financial Management (PFM) systems through digital transformation. During one of the sessions of the IMF-World Bank (WB) Annual Meeting in Marrakesh, Morocco, IMF...
Senator Cynthia Villar on Tuesday, October 17 vehemently opposed the P10-billion allocation for the importation of chemical fertilizer, and urged the government to promote the use of organic fertilizers instead which is more cost effective. Sen. Cynthia A. Villar, chairperson of the...
Senator Imelda “Imee” Marcos on Sunday, October 15 questioned the criticisms being hurled at Vice President Sara Duterte regarding the confidential and intelligence funds (CIF) request of the Office of the Vice President (OVP) and the Department of Education (DepEd) for 2024. The...
The additional P40 billion budget for the National Irrigation Administration (NIA) can irrigate more rice fields that will produce over 570,000 metric tons more palay or unhusked rice each year. NIA Administrator Eduardo Guillen said that more investment in irrigation systems for next year can...
In a significant step towards transforming the government, the Department of Budget and Management (DBM) joined forces with the Department of the Interior and Local Government (DILG) and the Philippine Information Agency (PIA) to launch OGPinas!. The national government was in full force supporting...
Ombudsman Samuel Martires has formally asked the Senate and the House of Representatives to significantly decrease the P51-million confidential and intelligence funds (CIF) allocated to his office to P1-million under the proposed 2024 national budget. In his letter to Sen. Juan...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I joined Finance Secretary Benjamin Diokno, Bangko Sentral ng Pilipinas Governor Eli Remolona, Jr., and National Economic and Development Authority Secretary Arsenio Balisacan in receiving the Article IV Consultation...
(MANILA BULLETIN) Some P194 billion worth of realignments--a lot of which have to do with addressing the problem of fast inflation--have been identified in the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024. This was...
Senators on Tuesday, October 10 urged Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan to make a decisive move as they question the agency’s inability to relocate electric posts in the middle of widened roads. Department of Public Works and Highways (DPWH) Sec. Manuel Bonoan...
