The Philippine government’s outstanding debt nears the P12-trillion mark in October this year due to higher domestic borrowings, the Bureau of the Treasury reported on Wednesday, Dec. 1. As of October 2021, the national government’s total debt reached P11.971 trillion, up by P54.48 billion...
The Government Service Insurance System (GSIS) announced on Tuesday, Nov. 30 that their improved pension loan can now be availed by old-age pensioners. GSIS "Ang GSIS enhanced pension loan ay ang dating GSIS pension loan na pinaganda ang features upang mas matugunan ang pinansyal na pangangailangan...
President Duterte hinted on Monday night, Nov. 29 that there's a certain female undersecretary who doesn't want to get vaccinated from the coronavirus disease (COVID-19). President Rodrigo Duterte listens to a Cabinet member's presentation during his 'Talk to the People" public briefing on Nov. 29,...
Ninety-five percent of Government Service Insurance System (GSIS) workers have already been vaccinated against coronavirus disease (COVID-19). (AFP / MANILA BULLETIN) In a statement on Monday, Nov. 29, GSIS President and General Manager Rolando Ledesma Macasaet said a total of 4,361 of 4,581 GSIS...
Gov’t borrows P360 billion from small investors By Chino S. Leyco The Duterte government completed its borrowing from small investors through the sale of retail Treasury bonds (RTB), the Bureau of the Treasury announced. In a statement, Monday, Nov. 29, the Treasury said the government sold...
PH new borrowings cut by 78% The national government cut new borrowings in October on the back of improving revenue collections. Data from the Bureau of the Treasury showed that the Duterte administration’s gross borrowings last month dropped 78 percent to P145.78 billion from P663.21 billion in...
The Philippines will not be pushing through with its plan to open the borders to foreign nationals who are fully vaccinated against the coronavirus disease (COVID-19) on December 1 due to the threat of the highly mutated Omicron variant. (Photo by Ali Vicoy) Cabinet Secretary Karlo Nograles made...
Iloilo City emerged as the top local government unit (LGU) that promotes effective bike lane use during the first-ever National Bike Lane Awards of the Department of Transportation (DOTr) and the Department of Interior and Local Government (DILG). (FILE PHOTO / MANILA BULLETIN) Iloilo bested other...
Malacañang underscored Thursday, Nov. 25 that the Philippines is of the same level as Japan and Singapore as far as the rating given to it by Transparency International's Government Defence Integrity Index is concerned. Cabinet Secretary Karlo Nograles (Photo from Karlo Nograles's Facebook page)...
The Duterte administration’s budget deficit widened in October owing to higher spending. The Bureau of the Treasury reported on Thursday, Nov. 25, that the national government incurred a P64.3 billion fiscal gap during the month, an increase of 2.9 percent compared with P61.4 billion in the same...
The Department of Education (DepEd) received the highest trust rating among all the other national agencies, making it the “most trusted” government office based on a research for multi-tiered organizations amid the coronavirus disease (COVID-19) pandemic. (Photo from DepEd) “This recognition...
Government workers who will be absent for getting vaccinated against the coronavirus disease (COVID-19) may be considered excused, the Civil Service Commission (CSC) announced on Wednesday, Nov. 24. Coronavirus vaccines have been prepared for distribution at a vaccination site in Manila on May 18,...
