While the Marcos administration used 99 percent of funds allocated last year, the Department of Budget and Management (DBM) and Department of Human Settlements and Urban Development (DHSUD) only used around two-thirds of their funds. DBM data showed that the national government’s notice of...
Officials and personnel from the Department of Labor and Employment’s (DOLE) service offices, bureaus, and attached agencies participate in a two-day Quality Management System awareness seminar at the DOLE Central Office on Feb. 17-18, 2025, to enhance operational efficiency and improve public...
Following the controversial collapse of a bridge in Isabela province, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said future infrastructure projects will soon undergo more rigorous planning and approval processes. On the sidelines of a ceremonial signing event on...
Doubling the subsidy for the Philippine Health Insurance Corp. (PhilHealth) in the next fiscal year would be the most appropriate course of action if the Supreme Court (SC) orders the return of the ₱60 billion fund, according to the Budget chief. This comes after public demand to return the funds...
The Philippines’ recent exit from the global money-laundering watchlist is the “biggest” breakthrough that would push the country further towards achieving an “A” credit rating, according to the top executive of the local trust arm of Canadian insurance giant Sun Life. Speaking to...
While the Philippine economy is expected to expand by 6.2 percent this year, Sun Life Investment Management and Trust Corp. (SLIMTC) said the peso could depreciate to as low as 61 against the US dollar. “Growth will improve to 6.2 percent from 5.6 percent last year. However, peso will weaken and...
Senator Loren Legarda on Tuesday urged local government units (LGUs) to exercise best practices to help bring down dengue cases in the country, as she expressed alarm over the unsettling increase in dengue cases this year. Legarda, the author of the National Environmental Awareness Education...
The Marcos administration exceeded its programmed allocations by over half a trillion pesos in 2024, according to the Department of Budget and Management (DBM). Preliminary data from the DBM showed that releases from last year’s budget breached the ₱6-trillion mark as it hit ₱6.37...
First Lady Liza Araneta-Marcos witnessed the signing of treaties on extradition, legal assistance, and transfer of persons between the Philippines and the United Arab Emirates (UAE) on Wednesday, Feb. 12. Photos from DOJ and DBM Facebook pages This developed on the sidelines of the 2025 World...
The country’s leading business executives are opposing the government’s “continued reliance” on tax increases while state spending continues to be excessive, pointing out its severe impact on the financial well-being of Filipinos. The Management Association of the Philippines (MAP), which...
Corruption within the government could be prevented as the new procurement law allows the Filipinos to track how public funds are spent, according to the Department of Budget and Management (DBM). On Monday, Feb. 10, the DBM released the implementing rules and regulations (IRR) of RA No. 12009, or...
To bolster public trust, the Philippine Statistics Authority (PSA) should spearhead the development of a clear and reliable nationwide data management system, ensuring accuracy and consistency. In a policy note on artificial intelligence (AI) released Friday, Feb. 7, the National Economic and...
