President Marcos' economic managers have revised their growth projections for this year and adjusted their outlook for the following years amid global uncertainties. Budget Secretary Amenah F. Pangandaman said in a statement that the country’s economy, as measured by gross domestic product (GDP),...
The economic team of President Ferdinand Marcos Jr. asserted that it is "business as usual" for the Philippine government, citing the nation’s resilience in the face of ongoing political unrest. In a joint statement released late Tuesday, Nov. 26, the economic managers cited the strength of the...
Members of the Development Budget Coordination Committee (DBCC) are scheduled to convene next week to assess the country’s economic targets. Budget Secretary Amenah F. Pangandaman said that the inter-agency body responsible for setting the government’s macroeconomic assumptions will hold a...
The House plenary (Ellson Quismorio/ MANILA BULLETIN) In what could be interpreted as yet another loud endorsement from Malacañang, members of President Marcos' economic team trooped to the House of Representatives Monday, Feb. 26 to express...
The Development Budget Coordination Committee (DBCC) has maintained the government's economic growth target for the year and has marginally adjusted its forecast for next year. The DBCC, an inter-agency body tasked with determining the government’s macroeconomic assumptions, kept its gross...
The Development Budget Coordination Committee (DBCC) reported that the third quarter posted an increase in disbursements by the Marcos administration due to the swift execution of government programs. The DBCC, an inter-agency body responsible for establishing the government's macroeconomic...
The Philippine government will prioritize looking for investments in digital transformation and clean energy. In an economic briefing in Dubai, Budget Secretary Amenah F. Pangandaman said that digital transformation will improve public service delivery and reduce the cost of doing business in the...
The economic team of President Marcos was caught off guard when the announcement of a price ceiling on rice was made public on Aug. 31, a Cabinet official confirmed. While in Tokyo for meetings with Japanese ministers, Finance Secretary Benjamin E. Diokno disclosed that the economic managers were...
Senate Committee on Ways and Means Chairman Senator Sherwin Gatchalian wants to know the economic managers' basis for supporting the controversial Maharlika Wealth Fund (MWF). Senator Sherwin Gatchalian (Facebook) Gatchalian had this to say Saturday, Dec. 10 in a DWIZ interview following reports...
The country's economic managers should discuss in detail how they will help implement President Ferdinand "Bongbong" Marcos Jr.'s plans for the Philippines as stated in his recent State of the Nation Address (SONA). Senator Chiz Escudero made the call on Wednesday, July 27, saying that while...
With the May 2022 presidential race seemingly over and victory all but formalized by the National Board of Canvassers, UniTeam bet Bongbong Marcos appeared before media Wednesday night, May 11 to discuss "what's next". (Screenshot from Facebook live) "Maraming nagtatanong ngayon na kahit hindi pa...
State economic managers have lauded Senate Minority Leader Franklin Drilon for his major contribution in the passage of three key economic reform laws that are seen to hasten the country’s recovery from the Covid-19 pandemic. In a letter signed by Finance Secretary Carlos G. Dominguez, Trade...