The modified tariff rates on imported pork products and rice have resulted in foregone revenues for the government, but the Department of Finance (DOF) said the economic benefits far outweigh the costs. Peso Finance Undersecretary Antonette C. Tionko said the government is projected to lose P5.4...
After being flagged by Commission on Audit (COA) for underutilization of funds and accounting irregularities, the Department of Agriculture (DA) is now strategizing to fully utilize its budget for this year. Agriculture Secretary William Dar (Photo courtesy of Malacañang) At the same time, the DA...
In just a year, the Philippines posted an "impressive rate of growth" in terms of internet speeds and government said it will ensure that the upward trajectory continues in the coming months. 1200px-Department_of_Information_and_Communications_Technology_(DICT).svg Department of Information and...
Department of Agriculture (DA) Secretary William Dar asserted that no irregularities were committed despite the recent findings of state auditors on the alleged non-utilization of the P9.8-billion fund intended for farmers. Agriculture Secretary William Dar (Photo courtesy of Malacañang) "We...
Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
The Delta variant-driven lockdowns imposed to curb the spread of the virus triggered the Development Budget Coordination Committee (DBCC) to significantly slash its economic growth outlook for the year. The DBCC, an inter-agency body tasked to set the country’s macroeconomic targets, further...
The Philippine Health Insurance Corp., commonly known as PhilHealth, may need to revise its coverage as the state-run company struggles to pay off its debt, the government’s chief economic manager said. PhilHealth Finance Secretary Carlos G. Dominguez III said that PhilHealth’s massive spending...
Over 4,800 hectares (has) of idle government-owned lands are up for distribution to farmers in the Bangsamoro region down south, the Department of Agrarian Reform (DAR) said Wednesday, Aug. 18. (File photo/ MANILA BULLETIN) Agrarian Secretary Brother John Castriciones disclosed that around 4,800.34...
Going around the country to distribute land titles to landless farmers has nothing to do with political gimmicky, Department of Agrarian Reform (DAR) Secretary John Castriciones said on Wednesday, Aug. 18. DAR Secretary Brother John Castriciones (Photo courtesy of Malacañang) This, as the agrarian...
The Commission on Audit (COA) has flagged the Department of Agriculture (DA) for billions of unspent funds and accounting "irregularities" prompting several farmers’ groups to slam the government agency led by Agriculture Secretary William Dar. Agriculture Secretary William Dar (Photo courtesy of...
In near tears during a congressional hearing on Tuesday, August 16, Health Secretary Francisco Duque III accused the Commission on Audit of destroying the good image of the Department of Health with the latter’s release of an audit report detailing serious adverse findings in the disbursement by...
The Commission on Audit has never “flagged or flogged” any government agency as claimed by President Rodrigo Duterte but will remain faithful to its constitutional mandate to audit financial transactions and expenditures of all government agencies and instrumentalities. Chairman Michael...
