Malacañang said the Department of Budget and Management (DBM) is currently working with the Congress and the Executive Branch to ensure that the P60-billion unutilized funds will be restored for the Philippine Health Insurance Corp. (PhilHealth). The DBM confirmed this in a statement issued by...
The Philippines called on developed countries not only to lead, but to provide “substantial capitalization” for the Loss and Damage Fund, which is mandated to assist developing countries in responding to economic and non-economic loss and damage associated with the effects of climate change. In...
Pag-IBIG Fund is set to offer a special 4.5 percent housing loan rate to qualified members seeking to purchase house-and-lot packages worth up to P1.8 million, as part of the Marcos Administration’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program. The promotional rate is expected to...
Over 25,000 Filipino workers have signed up to express interest in purchasing socialized housing units through the Pag-IBIG Housing Loan under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, just three months after Pag-IBIG Fund rolled out its 4PH Online Registration system in June...
Pag-IBIG Fund is urging occupants of its acquired properties to legitimize their tenure by purchasing the homes they currently occupy, now made more affordable through a 10 percent discount under its ongoing Acquired Assets Super Sale. Buyers may choose among three available payment options,...
As fuel prices are expected to spike by the last week of August, state-run think tank Philippine Institute for Development Studies (PIDS) maintained that deregulation remains the more viable policy path over reviving the Oil Price Stabilization Fund (OPSF). According to Adoracion Navarro, senior...
Pag-IBIG Fund will grant its special three percent housing loan rate for the first 10 years of the loan term, double the standard five years for the subsidized rate, to the first 30,000 eligible borrowers under its housing loan for the Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH)...
The government has proposed a ₱31-billion National Disaster Risk Reduction and Management Fund (NDRRMF) or calamity fund for 2026, nearly 50-percent higher than this year’s allocation. According to the National Expenditure Program (NEP) for fiscal year (FY) 2026, the proposed calamity...
Agriculture Secretary Francisco Tiu Laurel is pushing for the amendment of the Coconut Farmers and Industry Trust Fund Act as a measure to revitalize the country’s “underperforming” coconut industry. Enacted into law in 2021, as embodied under Republic Act (RA) No. 11524, the coco trust fund...
Pag-IBIG Fund reported double-digit year-on-year growth in its income for the first half of 2025, marking the highest earnings for the period in the agency’s 45-year history, top officials announced on Friday (August 01). From January to June, the agency’s gross income reached ₱44.39 billion,...
Lower interest rates would spur a faster Philippine economic expansion next year, according to the Washington-based multilateral lender International Monetary Fund (IMF). Referring to its latest forecasts for the Philippines contained in the recently published July 2025 World Economic Outlook (WEO)...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has assured the public that the Marcos administration has sufficient funds to address the needs of areas affected by recent flooding and the expected typhoons that may hit the country. Pangandaman said in a July 24 statement...
