Government debt stock rose anew in October this year due to new loans and weakening peso, data from the Bureau of the Treasury revealed. As of October 2022, the national government’s outstanding debt stood at P13.641 trillion, up 14 percent compared with P11.971 trillion in the same period last...
President Ferdinand "Bongbong" Marcos Jr. has told local government units )LGUs) to be "prudent" in using resources in order to reach more Filipinos in need. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) Marcos made the call during the courtesy call of Manila local officials in...
The Bureau of the Treasury made a full-award on Tuesday, Dec. 6, after the benchmark interest rate on debt falling due in almost 12-years settled within the secondary market levels. The interest rate of the reissued 25-year IOUs, with a remaining life of 11-years and 11-months, fetched 7.189...
Sixty-nine former communist rebels have benefited from Tupad Pangako Program (TPP) in Davao del Sur as the government continues to encourage more of them to go back to mainstream society. Under the program, rebels who would surrender will be equipped with knowledge and skills to enable them achieve...
Performance Ratings of Government Agencies based on the Tugon ng Masa National Survey conducted on Oct. 23-27, 2022. (OCTA RESEARCH) The Department of Education (DepED), Department of Health (DOH), and Department of Social Welfare and Development (DSWD) are the top three performing agencies of the...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to reject bids for one-year notes. At Monday's auction of Treasury bills on Dec. 5, the bellwether 91-day Treasury bill rate dropped to 4.089 percent from 4.205 percent last week. This is also lower than the...
Pensioners of the Government Service Insurance System (GSIS) and Social Security System (SSS) will receive this week their Christmas cash gifts. These amounts are composed of the 13th month pay and their regular monthly pensions for pensioners of the SSS. Meanwhile, the state pension fund for...
Borrowings of the national government rose last October due to President Marcos’ maiden issuance of offshore commercial bonds, data from the Bureau of the Treasury revealed. Gross financing of the Marcos administration stood at P182.42 billion in October this year, higher by 25 percent compared...
Ranking members of the House of Representatives are batting for higher allowances for barangay officials as well as the grant of honoraria and benefits to barangay workers and "tanods" (watchmen) in the current 19th Congress. Tingog Party-list Rep. Yedda Marie Romualdez Tingog Party-list Reps....
HOTSPOT Tonyo Cruz Poet, artist and activist Ericson Acosta died on Bonifacio Day, Nov. 30, at around 2 a.m., in Kabankalan, Negros Occidental. He was 50. The tributes continue to pour in from contemporaries, fellow poets and artists, classmates and friends. According to the 62nd Infantry Battalion...
The Government Service Insurance System (GSIS) and Social Security System (SSS) have set aside P33 billion in Christmas cash gifts for pensioners. The two state-owned pension funds announced on Thursday, Dec. 1, that their respective yearend bonuses to about 3.7 million old-age and disability...
The Marcos administration plans to borrow more in US dollars as the Department of Finance (DOF) said the government is looking at tapping the hard-earned savings of overseas Filipino workers (OFWs). During a Kapihan sa Manila Bay Forum on Wednesday, Nov. 30, DOF Secretary Benjamin E. Diokno said...
