Guidelines that will allow the management and procurement of consultants for the Revised Project Development and Monitoring Facility (PDMF) Fund were published on Tuesday, Oct. 24. The Public-Private Partnership (PPP) governing board has approved the PDMF guidelines covering the application process...
The Marcos administration increased its domestic borrowing program for November, data from the Bureau of the Treasury showed on Wednesday, Oct. 25. In a memorandum posted on the Treasury website, the bureau stated that the national government aims to borrow P225 billion from the domestic market...
Public spending likely exceeded the government's third-quarter program by a tenth, driven by accelerated infrastructure expenditures, the Department of Budget and Management (DBM) said. In the National Government's August 2023 disbursement report, the DBM indicated that the Marcos...
Government borrowing declined in August with fewer loans borrowed from local lenders, data from the Bureau of the Treasury showed. According to the Bureau of the Treasury, government borrowing in August amounted to P124.06 billion, lower by 7 percent than the P133.34 billion recorded in the same...
Senator Jinggoy Ejercito Estrada is batting for a measure that seeks to make official “sea wardens” or “Bantay Dagat” volunteers. Under Estrada's proposed measure, local government units (LGUs) shall be mandated to allocate regular funding for the benefits and incentives of the sea wardens...
The procurement system for local government units (LGUs) will soon be digitalized, the Department of Budget and Management (DBM) said on Thursday, Oct. 19. Budget Secretary Amenah F. Pangandaman said there will be an electronic reverse auction and electronic or e-marketplace which will cater to...
The Bureau of the Treasury made a full-borrowing on Tuesday, Oct. 17, even though the interest rates on seven-year debt had risen amid expectations of tightening from the Bangko Sentral ng Pilipinas (BSP). During an auction, the government successfully raised the planned P30 billion through the...
State-run Government Service Insurance System (GSIS) has launched a new condonation and restructuring program with longer and affordable payment terms. In a statement, the pension fund for government workers said the Restructuring Program for Service Loans (RPSL) would benefit GSIS' former members,...
Sen. Sherwin Gatchalian on Friday, Oct. 13 emphasized how local government units (LGUs) have greater agility to respond to challenges on the ground in terms of improved delivery and quality of education. Gatchalian made the statement amid the celebration of the local government week this second...
The Pasay City government has announced that the Pasay City General Hospital (PCGH) will be holding a free clinic for the city’s senior citizens. Mayor Emi Calixto-Rubiano said the PCGH Department of Internal Medicine will hold sugar and cholesterol watch every Monday from 3-5 p.m. for...
The national government spent P3.67 billion and P5.66 billion in confidential and intelligence funds, respectively, in 2022, the Commission on Audit (COA) disclosed in its Annual Financial Report (AFR) on national government agencies. The government's use of confidential and intelligence funds...
Senate President Pro Tempore Loren Legarda on Tuesday, October 10 has called on local government units (LGUs) to craft a disaster preparedness program that would ensure the primordial safety of children during times of disaster. Legarda made the call following the release of the United...
