The Bicameral Conference Committee has retained the P733-million budget of the Office of the Vice President (OVP) under the proposed P6.352-trillion 2025 General Appropriations Bill (GAB). This was disclosed by Senate Finance Committee Chair Senator Grace Poe on Wednesday, December 11, after the...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez thanked senators on Wednesday, Dec. 11 for ultimately backing the Ayuda sa Kapos ang Kita Program (AKAP), which was something they initially opposed in the...
The Philippine Health Insurance Corp. (PhilHealth) will get zero subsidy in the P6.352-trillion 2025 national budget. This was according to Senate Finance Committee Chair Senator Grace Poe, citing that they still have their P600 billion reserve fund. "Nakita natin PhilHealth, yung subsidiya na...
(MANILA BULLETIN) The Bicameral Conference Committee approved on Wednesday morning, Dec. 11 the proposed P6.352-trillion 2025 General Appropriations Bill (GAB)--the biggest outlay in the country’s history. This, after ranking members of the...
Filipino families looking forward to a bright and festive Christmas may find their holiday cheer dimmed slightly by an unexpected Grinch: higher electricity bills. The Manila Electric Company (Meralco) announced on Tuesday, Dec. 10, a P0.1048 per kilowatt-hour (kWh) increase in electricity rates...
Only a few major differences will be tacked by the bicameral conference committee on disagreeing provisions of the 2025 budget according to Senate Finance Committee Chair Senator Grace Poe. Sen. Grace L. Poe delivers her opening remarks as the head of Senate panel and chairperson of the Committee...
House Speaker Martin Romualdez (Facebook) The Bicameral Conference Committee need not complicate the reconciling process for the P6.352-trillion General Appropriations Bill (GAB) for 2025. Thus, said House Speaker Martin Romualdez on the first day of...
Even with the controversial P1.3 billion budget slashed from the Office of the Vice President (OVP), Senate Finance Committee chair Senator Grace Poe said the office can still perform its mandate with P733 million. In a press conference on Wednesday, November 27, Poe said that members of the Upper...
Voting 18-0-1, the Senate approved on third and final reading on Tuesday, Nov. 26, House Bill 10800 or the P6.352 trillion 2025 General Appropriations Bill (GAB). In plenary, Senator Grace Poe enumerated during the period of committee amendments how the Senate maximized the budget to secure the...
Senator Imee Marcos has formally asked Senate President Francis "Chiz" Escudero to fine-tune the procedures in the upcoming bicameral conference committee (bicam) meeting on the 2025 national budget. In her letter to Escudero, which she coursed through Sen. Grace Poe, chairperson of the...
Concerns about rising U.S. Treasury yields and inflation, linked to potential protectionist policies under a Trump administration, have led to an increase in short-term government debt interest rates for the sixth consecutive week, despite a slight decline in investor demand. During the auction on...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) House of Representatives members are urging senators to take a close look at the merits of the Ayuda Para sa Kapos ang Kita Program (AKAP) of the Department of Social Welfare and...
