The national government posted a bigger budget deficit in the first month of the year owing to higher interest payments, data from the Bureau of the Treasury showed. The government incurred a P23.4 billion fiscal gap in January 2022, higher by 66.3 percent compared with P14.1 billion in the same...
The Department of Science and Technology (DOST) and the Department of Interior and Local Government (DILG) signed a memorandum of agreement (MOA) on Wednesday, March 16, to boost information caravan for disaster preparedness. DOST Undersecretary Renato Solidum Jr. (left) and DILG Undersecretary...
Department of the Interior and Local Government (DILG) Secretary Eduardo Año has rejected and denounced the call of a retired Army general for a revolutionary government. "Such remarks are reckless and careless, especially at this time when the country will soon hold elections for a new set of...
Partido Reporma standard-bearer Panfilo ‘Ping’ Lacson has said nothing is impossible for a leader who knows how to practice what he preaches, especially when it comes to the application of single standard policies aimed at eradicating the ‘endemic’ culture of corruption in government....
Department of National Defense (DND) Secretary Delfin Lorenzana slammed retired general Antonio Parlade Jr. on Tuesday night, March 15, for allegedly involving the military in his personal agenda to call for a revolutionary government. Former National Task Force to End Local Communist Armed...
Lingering concerns over higher inflation pushed up the interest rate for long-term Philippine debt papers. At the Bureau of the Treasury auction on Tuesday, March 15, the yield for the reissued five-year Treasury bond went up to 4.669 percent from 4.012 percent last Jan. 11 when the IOU was last...
The Department of National Defense (DND) and Armed Forces of the Philippines (AFP) said Tuesday, March 15, that it remains firm in its resolve to be loyal to the Constitution and duly constituted authorities. Former National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) spokesperson...
Malacañang on Tuesday, March 15, disregarded the call of retired general and former anti-insurgency task force spokesperson Antonio Parlade Jr. for a revolutionary government. AFP Southern Luzon Command chief and NTF-ELCAC spokesperson Lt. Gen. Antonio Parlade in a hearing at the Senate. Senators...
Following two consecutive weeks of failed domestic borrowings, the national government made a partial award of the short-dated debt papers despite still elevated interest rates. The Bureau of the Treasury raised P9.137 billion from auction of three-month, six-month and one-year IOUs, with total...
Debt payments by the Philippine government breached the P1-trillion mark last year amid heightened borrowings during the prolonged pandemic, data from the Bureau of the Treasury showed. From January to December 2021, the national government’s debt servicing amounted to P1.204 trillion, an...
As the number of Covid-19 cases are now on a downward trend and pandemic-related restrictions nationwide have now been eased, local government units (LGUs) should start allowing schools in their areas to conduct limited face-to-face classes. Gatchalian, chair of the Senate Committee on Basic...
Honorees of the Balik Aral Program (BAP) were recognized by the Pasig City local government in a ceremony on Thursday, March 10, at the city hall. (Photo courtesy of Mayor Vico Sotto's Twitter Page / MANILA BULLETIN) The BAP provides free tuition for local government employees who want to complete...
