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),...
Only a few major differences will be tacked by the bicameral conference committee on disagreeing provisions of the 2025 budget according to Senate Finance Committee Chair Senator Grace Poe. Sen. Grace L. Poe delivers her opening remarks as the head of Senate panel and chairperson of the Committee...
Senator Sherwin Gatchalian on Sunday, December 1, reiterated his push for a P300-million additional allocation for the procurement of textbooks and other learning materials in the proposed 2025 national budget. The P300-million was added to the P12.4-billion originally allocated for...
House Speaker Martin Romualdez (Facebook) The Bicameral Conference Committee need not complicate the reconciling process for the P6.352-trillion General Appropriations Bill (GAB) for 2025. Thus, said House Speaker Martin Romualdez on the first day of...
Vice President Sara Duterte’s allies in the Senate have accepted the inevitability they won’t be able to press for a higher budget for the Office of the Vice President (OVP) for 2025 given the current circumstances. Sen. Ronald “Bato” Dela Rosa said the OVP’s budget for next year...
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. As promised in this column last Nov. 6, allow me to cover, in detail, the groundbreaking and insightful discussions and partnerships forged during the International Conference on Women, Peace, and Security (ICWPS) hosted by...
Senator Imee Marcos has formally asked Senate President Francis "Chiz" Escudero to fine-tune the procedures in the upcoming bicameral conference committee (bicam) meeting on the 2025 national budget. In her letter to Escudero, which she coursed through Sen. Grace Poe, chairperson of the...
Department of Budget and Development (DBM) Secretary Amenah F. Pangandaman is confident that the country is poised to achieve its economic targets but challenges may emerge, impeding socioeconomic development. During the 2024 Fiscal Policy Conference, on Nov. 22, Pangandaman said that although the...
The government's infrastructure spending surged 16.9 percent to P137.1 billion in September of this year, from P117.3 billion a year ago, according to the Department of Budget and Management (DBM). This increase was driven by robust investments in public works, transportation, and national defense...
Marikina City 2nd district Rep. Stella Quimbo (PPAB) CALBAYOG CITY, Samar—Marikina City 2nd district Rep. Stella Quimbo says the House of Representatives' contingent to the Bicameral Conference Committee for the proposed 2025 national budget...
Senator Ronald “Bato” Dela Rosa said he is confident that an increase in the budget for the Mindanao Development Authority (MinDA) and the continued financial support for the Southern Philippines Development Authority (SPDA) would boost the economic growth of Mindanao. Dela Rosa,...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. While in Singapore for the FinTech Festival last Nov. 7, I was honored to pay a courtesy call to Singapore’s minister for Sustainability and the Environment, Honorable Grace Fu Hai Yien, where I expressed gratitude for Singapore’s...
