The Development Budget Coordination Committee (DBCC) has increased its government revenue projection for this year due to stronger-than-expected collections and higher income from the customs and treasury bureaus. The DBCC, an interagency body responsible for setting the government’s...
The Development Budget Coordination Committee (DBCC) has maintained the government's economic growth target for the year and has marginally adjusted its forecast for next year. The DBCC, an inter-agency body tasked with determining the government’s macroeconomic assumptions, kept its gross...
The Development Budget Coordination Committee (DBCC) reported that the third quarter posted an increase in disbursements by the Marcos administration due to the swift execution of government programs. The DBCC, an inter-agency body responsible for establishing the government's macroeconomic...
EMBARGOED UNTIL MONDAY, OCT. 2 12:00AM The Development Budget Coordination Committee (DBCC) will review the macroeconomic targets of the Marcos administration later this month, taking into account the challenging global economic conditions. Finance Secretary Benjamin E. Diokno said the DBCC, which...
An attached agency of the Department of Information and Communications Technology (DICT) has vowed to investigate the unauthorized fund transfers involving hundreds of GCash accounts earlier this week. (Cybercrime Investigation and Coordinating Center) DICT’s Cybercrime Investigation and...
Razon-led Prime Energy, operator of the depleting Malampaya gas field, said all contingency measures have been prepared during the facility’s two-week maintenance shutdown on February 4-18 this year. In a statement, Prime Energy General Manager Sebastian Quiniones explained that the scheduled...
The National Telecommunications Commission (NTC) collection in 2022 reached P9.50 billion, exceeding its 2022 collection target by 70.21 percent or over P3.92 billion. In a statement, NTC Officer-in-Charge Commissioner Ella Blanca B. Lopez said that target collection for 2022 was pegged at P5.58...
The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic assumptions, assured that the planned sovereign wealth fund will have enough safeguards. Budget Secretary Amenah F. Pangandaman, who chairs the DBCC, assured that enough...
President Marcos’ economic team narrowed its growth outlook for next year given the global headwinds, the Development Budget Coordination Committee (DBCC) said. On Monday, Dec. 5, the inter-agency body tasked to set the government’s macroeconomic assumptions revised downwards its gross domestic...
The economic team of President Marcos will keep the government’s growth target this year despite the higher than expected pace of expansion recorded in the third quarter. Finance Secretary Benjamin E. Diokno said the inter-agency Development Budget Coordination Committee (DBCC) will keep its...
Trade and Industry Secretary Alfredo E. Pascual has convened the Inter-Agency Investment Promotion Coordination Committee (IIPCC), composed of various government investment promotion agencies (IPAs), to provide direction on investment promotion drives and ensure efforts will lead to improvement in...
President Marcos’ economic managers lowered the government’s growth target for this year. The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic assumptions, expects the country’s gross domestic product (GDP) to grow by 6.5...
