The national government's budget deficit was nearly halved in July owing to strong revenue collection, data from the Bureau of the Treasury showed. The fiscal deficit, which arises when government expenditures exceed revenues, amounted to P47.8 billion in July 2023, a 45 percent decrease compared...
The Department of Budget and Management (DBM) said the national government will continue to support displaced, underemployed, and seasonal Filipino workers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed P12.919 billion in funding for the Tulong Panghanapbuhay sa Ating...
Vice President and Education Secretary Sara Duterte expressed gratitude to the House appropriations committee for the approval of the Office of the Vice President’s (OVP) P2.3 billion budget for 2024. Vice President and Education Secretary Sara Duterte (OVP photo) “We are grateful to the...
“There was nothing irregular or unauthorized” on the use of the 2022 confidential funds (CF) as the Office of the Vice President (OVP) has already complied with the required accomplishment reports for them, Vice President and Education Secretary Sara Duterte said on Wednesday, Aug. 30. (From...
The Presidential Communications Office (PCO) has stressed the need for additional resources to finance the implementation of its key programs, particularly the media and information literacy program that aims to combat fake news. PCO Secretary Cheloy Garafil (Photo courtesy of PCO) Presidential...
The Department of Budget and Management (DBM) said the Advisory Body of the Maharlika Investment Corp. (MIC) will submit the names of nominees responsible for overseeing the country's sovereign wealth fund to Malacañang by mid-October. Budget Secretary Amenah F. Pangandaman told Manila Bulletin on...
The Department of Budget and Management (DBM) has approved a total of 5,000 non-teaching positions in public schools nationwide. These job posts were created to aid in lessening the administrative works of public school teachers, Budget Secretary Amenah F. Pangandaman said on Wednesday, Aug. 30....
BEYOND BUDGET (Part 2) Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I discussed the basis and dimensions of the optimized 2024 National Expenditure Program (NEP), which we submitted to Congress for deliberations and approval. As I have said, our national budget will lay the...
The late DMW Secretary Susan "Toots" Ople House Speaker Martin Romualdez had earlier vowed that congressmen will pass the proposed P5.768-trillion National Expenditure Program (NEP) or national budget for 2024 in just five weeks. Four of these weeks will be...
Senator Juan Edgardo “Sonny” Angara on Sunday, August 27 said he has no qualms supporting the proposal to allocate P100-million in next year’s budget to fund the construction of permanent structures in Ayungin Shoal. But Angara said he sees the need to ask the Department of...
The Senate Committee on Finance will carefully scrutinize all government projects under the proposed P5.768-trillion national budget for 2024 that are allegedly bloated by 328 percent. Sen. Sonny Angara (Senate PRIB Photo) Sen. Juan Edgardo “Sonny” Angara, chairman of the...
The Senate Committee on Finance will strive hard to increase the budgets for education and health in the final version of the proposed P5.768-trillion national budget for 2024. Sen. Sonny Angara, Senate finance committee chairman, during deliberations on the proposed 2023 national budget in...
