The Marcos administration’s budget deficit narrowed significantly in August due to robust revenue growth and a slight contraction in public spending, the Bureau of the Treasury reported. In a statement, the Treasury said the national government incurred a fiscal deficit of P54.2 billion in August...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the issuance of a Special Allotment Release Order (SARO) amounting to P1 billion for this year’s compensation to Marawi siege victims. “This allocation provides monetary compensation for 574...
President Marcos is expected to sign the 2025 national budget before Christmas this year. President Ferdinand 'Bongbong' Marcos Jr. (File Photo courtesy of Malacañang) In a Palace briefing on Wednesday, Sept. 25, House Speaker Martin Romualdez stated that it is the goal after Marcos certified as...
President Marcos has certified the 2025 General Appropriations Bill (GAB) as an urgent measure, allowing lawmakers to expedite the passage of the P6.352-trillion national budget on the second and third reading on the same day. File photos Acting Communications Secretary Cesar Chavez confirmed that...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last Sept. 19, 2024, I was privileged to join the Fourth Philippines (PH)-Singapore (SG) Business and Investment Summit organized by the PH Embassy in Singapore and the Department of Trade and Industry. The two countries have been staunch...
Vice President Sara Duterte (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives has given one last chance to Vice President Sara Duterte and the rest of the Office of the Vice President (OVP) to defend the agency's...
The Office of the Vice President (OVP) on Tuesday, Sept. 24, denied claims that lawmakers were made to wait 17 hours during the House plenary debate on its 2025 budget proposal. “OVP didn’t make congressmen wait for 17 hours,” a statement from Vice President Sara Duterte's office read....
The Department of Education (DepEd) on Tuesday, Sept. 24, expressed gratitude to the House of Representatives (HRep) for approving its proposed budget of P793.1 billion for 2025. (Photo from DepEd) Committed to the vision of "Bagong Pilipinas" under the administration of President Marcos,...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the creation of a total of 175 faculty plantilla positions for the Mindanao State University (MSU) System. “Of the 175 new faculty positions, 75 are for Instructor I positions which will augment the need...
Despite the 38 percent reduction in its proposed budget for 2025, the Commission on Human Rights (CHR) vowed to continue fulfilling its mandate to protect the rights of all Filipinos "just as how it has always been done." In a statement, the CHR said that under the 2025 National...
Maintaining that the Office of the Vice President (OVP) has already submitted all necessary documents relating to its proposed P2.037-billion budget for 2025, Vice President Sara Duterte deferred the plenary deliberation on Monday, Sept. 23, leaving the fate of her agency’s budget request...
President Ferdinand R. Marcos Jr. has allocated a total of P8.8 billion for the Grants-In-Aid (GIA) Program, according to the Department of Budget and Management (DBM). Implemented by the Department of Science and Technology (DOST), the GIA Program supports the continuation of various science,...
