President Ferdinand “Bongbong” Marcos Jr. on Tuesday, Jan. 31, called on Congress to support the government’s housing initiatives, as well as for housing interest support, by including them in the national budget in the coming years. President Ferdinand Marcos Jr. (center), joined by (from...
The P500-million increase in the 2023 budget for direct fuel subsidies or "ayuda" to public utility vehicle (PUV) drivers will help the government cope with uncertainties in the world oil market. (MANILA BULLETIN) Quezon City 4th district Rep. Marvin Rillo of the House Committee on Appropriations...
Saying that the 19th Congress will focus primarily on alleviating poverty among millions of Filipinos, Ako Bicol Party-list Rep. Elizaldy Co lauded the allocation for social benefits included in the 2023 national budget. Ako Bicol Party-list Rep. Zaldy Co (Photo from Rep. Co’s Facebook page) He...
The Armed Forces of the Philippines Modernization Program (AFPMP) has a P45-billion budget for 2023, which is higher than P6 billion compared to last year's appropriation. Surigao del Sur 2nd district Rep. Johnny Pimentel (Facebook) “In all, there’s P45 billion for the AFPMP in the 2023...
A pro-farmer congressman said he expects the P30-billion increase in this year's agriculture sector budget to translate to improved services for local farmers, which would in turn help keep food prices down. Onions at a Quezon City supermarket (Ellson Quismorio/ MANILA BULLETIN) AGRI Party-list...
The Department of Budget and Management (DBM) announced on Friday, Jan. 13, that it has released P14 billion to cover the regular pension requirements of military retirees. In a statement, Budget Secretary Amenah F. Pangandaman said the Special Allotment Release Order (SARO) for the military...
The Department of Budget and Management (DBM) said government workers will receive higher pay beginning this month, the last tranche of the mandated salary hikes for state employees. In a statement, Budget Secretary Amenah F. Pangandaman said the fourth tranche of the pay increase mandated by...
The National Telecommunications Commission (NTC) collection in 2022 reached P9.50 billion, exceeding its 2022 collection target by 70.21 percent or over P3.92 billion. In a statement, NTC Officer-in-Charge Commissioner Ella Blanca B. Lopez said that target collection for 2022 was pegged at P5.58...
Senator Sonny Angara on Tuesday, January 3 said he hopes the Department of Budget and Management (DBM) will prioritize the modernization of the country’s airports following the New Year’s Day airspace shutdown fiasco at the Ninoy Aquino International Airport (NAIA). Angara recalled Congress...
The government program that grants a P100,000 one-time cash gift to Filipinos who reached the age of 100 received a P76-million augmentation under this year's national budget. (Danie Franco/ Unsplash) Thus, said Makati City 2nd district Rep. Luis Campos Jr. on Monday, Jan. 2, a day after the...
2023 budget to address immediate concerns—DBM By Chino S. Leyco The spending priorities of the Marcos administration’s first national budget for the new year, amounting to P5.268 trillion, is the starting point of the eight-point socioeconomic agenda in the near term. This aims to address the...
The chief economic manager of President Ferdinand R. Marcos Jr. lauded Congress for the early passage of the 2023 national budget as it plays a critical role in fueling optimism over next year’s growth prospects. Finance Secretary Benjamin E. Diokno said the swift enactment of the 2023 General...
