President Rodrigo R. Duterte will propose at least P5-trillion national budget before his term ends. President Rodrigo Roa Duterte Already, the Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the macroeconomic targets of the country, approved late Monday, a...
Senator Nancy Binay on Tuesday, June 22 said government should tell the public what is keeping it from disbursing available funds that are supposed to be used to effectively combat the impact of the coronavirus (COVID-19) crisis. Binay pointed out that the government has at least three sources of...
Senate Minority Leader Franklin Drilon on Sunday called on the government to provide for a full accounting of the P82.5-billion worth of coronavirus (COVID-19) vaccine procurement budget before it asks for additional funds. Drilon said it is necessary for the government to be more transparent about...
Senate Minority Leader Franklin Drilon has compelled the Department of Budget and Management (DBM) to fund the measures that seek to upgrade the facilities of nine hospitals in the country. During Wednesday’s deliberation on the measures filed by Sen. Christopher “Bong” Go on the various...
Senate Minority Leader Franklin Drilon on Tuesday, May 4 questioned the “speedy” release of P10.6-billion out of the P19-billion controversial budget of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC). The move comes after majority of the lawmakers called for the...
Senator Sherwin Gatchalian on Tuesday urged state economic managers to allocate more funds for the education sector in next year’s proposed national budget to help the sector’s recovery from the negative impact of the coronavirus disease (COVID-19) pandemic. Gatchalian said the government...
Senators on Sunday threw their support to the proposed P24-billion wage subsidy program for private sector workers targeted to help small and medium business struggling with the effects of the coronavirus (COVID-19) pandemic. “I support the proposed wage subsidy for private sector workers. The...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will need to borrow P38.4 billion this year to augment the funds needed for the power rate reduction subsidy mandated under Republic Act 11371 or the Murang Kuryente Act (MKA) that was signed by President Rodrigo Duterte...
