Debt payments of the national government dropped by more than half in October this year due to lower amortization, data from the Bureau of the Treasury showed. Marcos administration’s debt servicing reached P39.82 billion in October, down 55 percent more O89.06 billion paid out in the same month...
The Department of Information and Communications Technology (DICT) Region 4A was lauded for its exemplary commitment in championing local governance through information and communications technology (ICT). (DICT Calabarzon) This was through their implementation of Local Governance Regional Resource...
The Department of the Interior and Local Government (DILG) said Friday, Dec. 9, that it was seeking to improve public participation in government accountability by holding town meetings. Photo by Davao del Sur Provincial Information Office The DILG Davao Region (Region 11) recently held the "Dagyaw...
President Ferdinand "Bongbong" Marcos Jr. vowed a prudent spending of government money under his term. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) “Be assured that it is the policy of this administration, to ensure that every peso and every centavo that the government spends in its...
Government debt stock rose anew in October this year due to new loans and weakening peso, data from the Bureau of the Treasury revealed. As of October 2022, the national government’s outstanding debt stood at P13.641 trillion, up 14 percent compared with P11.971 trillion in the same period last...
President Ferdinand "Bongbong" Marcos Jr. has told local government units )LGUs) to be "prudent" in using resources in order to reach more Filipinos in need. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) Marcos made the call during the courtesy call of Manila local officials in...
The Bureau of the Treasury made a full-award on Tuesday, Dec. 6, after the benchmark interest rate on debt falling due in almost 12-years settled within the secondary market levels. The interest rate of the reissued 25-year IOUs, with a remaining life of 11-years and 11-months, fetched 7.189...
Sixty-nine former communist rebels have benefited from Tupad Pangako Program (TPP) in Davao del Sur as the government continues to encourage more of them to go back to mainstream society. Under the program, rebels who would surrender will be equipped with knowledge and skills to enable them achieve...
Performance Ratings of Government Agencies based on the Tugon ng Masa National Survey conducted on Oct. 23-27, 2022. (OCTA RESEARCH) The Department of Education (DepED), Department of Health (DOH), and Department of Social Welfare and Development (DSWD) are the top three performing agencies of the...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to reject bids for one-year notes. At Monday's auction of Treasury bills on Dec. 5, the bellwether 91-day Treasury bill rate dropped to 4.089 percent from 4.205 percent last week. This is also lower than the...
Pensioners of the Government Service Insurance System (GSIS) and Social Security System (SSS) will receive this week their Christmas cash gifts. These amounts are composed of the 13th month pay and their regular monthly pensions for pensioners of the SSS. Meanwhile, the state pension fund for...
Borrowings of the national government rose last October due to President Marcos’ maiden issuance of offshore commercial bonds, data from the Bureau of the Treasury revealed. Gross financing of the Marcos administration stood at P182.42 billion in October this year, higher by 25 percent compared...
