The government's chief economic manager expects better growth in the second half of the year as public spending picks up after a slow start in 2023. Finance Secretary Benjamin E. Diokno said the gross domestic product (GDP) growth rate from July to December could surpass the average of 5.35 percent...
Senator Francis “Tol” Tolentino believes that barangay officials should always carry with them a checklist or some sort of crib notes so they may never forget their mandates. This was the senator's message to Local Government Academy (LGA) Assistant Director Esmeralda Purnell on Saturday, Oct....
State-run Government Service Insurance System (GSIS) released a memorandum circular concerning revised check replacement policies. According to GSIS' memorandum circular -49-2023, the Policy and Procedural Guidelines (PPG) would cover all claims or refunds as well as miscellaneous checks. This also...
Land titles from the state-run Government Service Insurance System (GSIS) were given to at least 70 beneficiaries under the Pabahay sa Bagong Bayaning Manggagawa (PBBM) initiative. The PBBM initiative is a GSIS housing program that was introduced last May. It is a three-tiered strategy to support...
President Marcos on Wednesday, Oct. 4, asked local government units (LGUs) to draw inspiration from Taguig City’s urban farming initiatives in a bid to boost food security and conservation efforts. President Ferdinand Marcos Jr. leads the distribution of confiscated rice to 1,000 members of 4Ps...
President Marcos directed government agencies and local government units (LGUs) to support senior citizen activities during the annual celebration of the Elderly Filipino Week. Through Memorandum Circular No. 34 dated Sept. 29 and signed by Executive Secretary Lucas Bersamin, Marcos ordered the...
Should legislation to regulate the allocation of confidential and intelligence funds (CIF) be pursued, Senate President Juan Miguel Zubiri believes that local government units (LGUs) shouldn't be spared from it. "If you come up with a law, I will suggest na isama ang LGUs (that LGUs be included),"...
The national government's debt rose by double digits last August, driven by higher borrowings from both local and foreign lenders, the Bureau of the Treasury reported. The government's outstanding debt reached P14.349 trillion as of August 2023, a 10 percent increase from P13.021 trillion in the...
The Department of Budget and Management (DBM) said that the country’s procurement law should be more attuned to the changing times, citing the need for amendments amid the digitalization era. The proposed amendments to the 20-year-old Government Procurement Reform Act (GPRA) have already been...
The national government faced difficulties in selling its short-term debt papers as banks demanded higher returns. On Monday, Oct. 2, the Bureau of the Treasury held an auction for Treasury bills (T-bills) with the goal of raising P15 billion. However, the agency fell short of its target, managing...
EMBARGOED UNTIL MONDAY, OCT. 2, 12:00AM The government's target for the retail dollar bonds (RDB) is expected to be exceeded, as the Bureau of the Treasury reported a strong demand for investment instruments. During the Chat with SBED briefing last Friday, Sept. 29, Officer-in-Charge Treasurer...
Parañaque City Mayor Eric Olivarez said the city government has issued a traffic advisory in relation to the Triskelion City Council's motorcade in celebration of the 55 th National Anniversary of Tau Gamma Phi on Wednesday, Oct. 4. Olivarez said the motorcade will start at 2:00...
