(MANILA BULLETIN) The service provider tapped by Bangko Sentral ng Pilipinas (BSP) only managed to produce 36 million physical national identification cards (ID), roughly a third of its target of 92 million. House Committee on Appropriations Senior Vice...
Diamonds (Unsplash) Imposing a luxury tax may not be worth the trouble in the Philippine setting. This can be gleaned from statements made by Department of Finance (DOF) Secretary Benjamin Diokno before the House Committee on Appropriations Thursday, Aug. 10, on...
DBM Secretary Amenah Pangandaman (Screenshot from YouTube) Government employees may yet be granted a salary increase next year, with the Department of Budget and Management (DBM) setting aside almost P17 billion for this possibility. DBM Secretary Amenah Pangandaman...
Northern Samar 1st district Rep. Paul Daza (Ellson Quismorio/ MANILA BULLETIN) Northern Samar 1st district Rep. Paul Daza has asked the Bureau of Internal Revenue (BIR) and Bureau of Treasury to look into the alleged non-remittance of some P2 billion in dividends...
Kabataan Party-list Rep. Raoul Manuel (left) and DOF Secretary Benjamin Diokno (Screenshots from YouTube) Simply put, Department of Finance (DOF) Secretary Benjamin Diokno thinks that imposing a billionaires' tax is a bad idea. Diokno was asked of his...
DBM Secretary Amenah Pangandaman (Screenshot from YouTube) The Department of Budget and Management (DBM) has told the various agencies in government that have low obligation rates in connection with the P5.268-trillion national budget this year to submit their...
Albay 1st district Rep. Edcel Lagman (Screenshot from YouTube live) The national government's total expenditure on debt for next year will reach P1.939 trillion, or a whopping 33 percent of the P5.768-trillion National Expenditure Program (NEP). ...
House Speaker Martin Romualdez (Facebook) House Speaker Martin Romualdez reiterated on Thursday, Aug. 10 his promise of an expeditious passage of the 2024 national budget. This, after the House of Representatives--through the Committee on...
(MANILA BULLETIN) The House Committee on Appropriations will formally begin to tackle the P5.768-trillion National Expenditure Program (NEP) on Thursday, Aug. 10 when it hosts the Development Budget Coordination Committee (DBCC) for a briefing on the 2024 spending...
Vice President Sara Duterte shrugged off the comments made by House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro against the P500-million confidential funds that the Office of the Vice President (OVP) requested, insisting instead that the matter must be left to Congress....
Flags of the Philippines, China (Unsplash) The Marcos administration has increased to P50 billion the allocation for the Armed Forces of the Philippines Modernization Program (AFPMP) in backdrop of the continued maritime dispute between Manila and Beijing. ...
(Unsplash) A budget of P2.5 billion has been earmarked for the national government's free Wi-Fi (wireless fidelity) program for the year 2024. This was learned following the Department of Budget and Management's (DBM) submission of the P5.768-trillion National Expenditure...