(MANILA BULLETIN) The P5.768-trillion National Expenditure Program (NEP) for 2024 contains P2.398 trillion in Special Purpose Funds (SPF), the lion's share of which will go to local government units (LGUs). This was learned by the Congressional Policy and...
BEYOND BUDGET (Part IV) Assalamu alaikum wa Rahmatullahi wa Barakatuh. In most countries, budgeting focuses on developing an annual plan for income and expenses. However, President Ferdinand R. Marcos Jr.’s administration believes that budget choices have long-term consequences. Actions...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) After 33 days, the House Committee on Appropriations adjourned on Tuesday night, Sept. 12 its grueling per agency budget deliberations on the proppsed 2024 national budget. "Madam chairman, I move...
“I have no respect for them.” This was what Vice President and Education Secretary Sara Duterte said on Tuesday, Sept. 12, when asked why she singled out ACT Teachers Party-list Rep. France Castro and opposition Senator Risa Hontiveros when she issued an earlier statement against those...
The Department of Budget and Management (DBM) has underscored the government's economic team's complete support for the recent implementation of price control on rice. Budget Secretary Amenah F. Pangandaman said that Executive Order No. 39, which mandates the prices of rice at P41 and P45 per...
The Department of Budget and Management (DBM) is committed to strengthening projects aimed at enhancing employment opportunities in the country. Budget Secretary Amenah F. Pangandaman said the job-enhancing initiatives of the Department of Labor and Employment (DOLE) and the Technical Education and...
The government met with several potential investors in Doha, Qatar to discuss the country’s economic policies and projects. The Philippine economic team, led by Finance Secretary Benjamin E. Diokno held its first investor briefing in the Middle East with Philippine Dialogue: Economic Outlook and...
Vice President and Education Secretary Sara Duterte thanked President Marcos and several officials of the current administration for backing the transfer of confidential and intelligence funds (CIF) from the Office of the President (OP) to her office in 2022. Vice President and Education Secretary...
The Department of Finance (DOF) reported that the Official Development Agriculture Sector (ODA) played a vital role in funding agricultural programs and projects during President Ferdinand Marcos Jr.'s first year in office. In a statement on Saturday, Sept. 9, Finance Secretary Benjamin E. Diokno...
The release of P3 billion for the implementation of a fuel subsidy to the transport sector affected by rising fuel prices has been approved by the Department of Budget and Management (DBM). According to Budget Secretary Amenah F. Pangandaman, the fuel subsidy aims to offer assistance to around 1.36...
BEYOND BUDGET (Part 3) Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I expounded on four different areas where the administration of President Ferdinand R. Marcos Jr. will pour the people’s money next year to achieve our agenda for prosperity, and secure a future-ready and...
The Department of Budget and Management (DBM) said transparency and public participation have been fostered through the government’s initiatives toward digitalization. At the 2023 Open Government Partnership (OGP) Global Summit in Estonia, Budget Secretary Amemah F. Pangandaman said there...
