(MANILA BULLETIN) The House of Representatives officially received on Monday, July 29, the P6.352-trillion National Expenditure Program (NEP) or the proposed national budget for 2025. Like past budget measures, next year's NEP has its own...
DBM Secretary Amenah Pangandaman (Ellson Quismorio/ MANILA BULLETIN) The Marcos administration is asking for P2 billion less confidential and intelligence funds (CIFs) under the P6.352-trillion National Expenditure Program (NEP) or proposed...
Senator Grace Poe has formally sought an investigation into the underutilized budget of the Department of Public Works and Highways (DPWH) for flood control projects. (Noel Pabalate/MB file photo) In Senate Resolution No. 1090 she filed on Monday, July 29, Poe cited the devastation wrought by Super...
The Philippine government is on track to surpass the P17 trillion debt threshold by the end of next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing submitted to Congress, the Marcos administration expects to conclude...
The Marcos administration is charting a path towards fiscal consolidation by reducing borrowings next year, data from the Department of Budget and Management (DBM) showed. Based on the Budget of Expenditures and Sources of Financing presented to Congress, the government is planning to borrow P2.545...
As President Marcos expressed his desire to boost the country’s innovation ecosystem, the Department of Trade and Industry (DTI) has highlighted the urgency to amend the Intellectual Property Code (IPC) of the Philippines as the country demands stiffer provisions on creative assets to curb online...
The bargaining chip dangled by the Department of Energy (DOE) on the proposed corporate life extension for state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is to prevent transfer of P300 billion worth of its residual debts to the national government coffers. “At this...
President Marcos has submitted to Congress his proposed national budget of P6.352 trillion for 2025. On Monday, July 29, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman delivered the National Expenditure Program (NEP) for Fiscal Year 2025 to the House of...
The typhoon-induced torrential rains and flooding incidents in recent days might have plunged many Filipinos into a new realm of financial hardship - including those in Metro Manila, but the rollback in oil prices this week is expected to bring much needed relief to consumers’ squeezed budgets in...
Government revenues from asset sales surged in the first half of the year but well behind the target set by the Department of Finance (DOF), data from the Bureau of the Treasury showed. Between January and June 2024, the national government garnered P411.52 million through the privatization of...
Senator Sherwin Gatchalian on Sunday, July 28 said he is optimistic over President Ferdinand Marcos Jr.’s promise of upholding the welfare of teachers during his recent State of the Nation Address (SONA). Marcos, in his third SONA, vowed to make sure that public school teachers will...
The first resupply mission to BRP Sierra Madre conducted after Manila and Beijing made some new arrangements to manage tension succeeded on Saturday, July 27. "No untoward incidents were reported" when the Philippines commissioned civilian vessel MV Lapu-Lapu during the rotation and...
