Department of Public Works and Highways (DPWH) Secretary Vince Dizon on Tuesday, Oct. 28, vowed to scrap the complex formula for allocable and non-allocable funds and said budget allocations must reflect real community infrastructure needs, not political influence. The move follows the...
Emphasizing the need to ensure that the massive allocation translates to genuine improvements in learning outcomes, the Philippine Business for Education (PBEd) has called for full transparency and accountability in the use of the record-high P1.28-trillion education budget for 2026. In a statement...
The Department of Education (DepEd) on Tuesday, September 2, welcomed President Marcos’ historic allocation of P1.224 trillion to the education sector under the proposed 2026 national budget—marking the first time the Philippines has met the UNESCO-recommended benchmark of spending four percent...
Urging full transparency and greater investment in education and human capital, an advocacy group on Saturday, August 23, called on lawmakers to prioritize Filipinos over infrastructure as they tackle the 2026 budget. “We must allocate our resources where they matter most, because every peso...
Downward interest rates and sustained economic growth, supported by election-related spending, boosted a still weak private consumption in the Philippines in the second quarter of 2025, according to global financial giant Visa. According to Visa Business and Economic Insights’ Asia-Pacific...
Government spending related to the May 12 midterm elections—frontloaded expenditures prior to the polls as well as the resumption of delayed projects due to the election ban—would likely spill over into the second quarter and support first-half economic growth, economists said. "While the...
Japan's aid agency plans to extend additional loans and grants to the Philippines to not only sustain infrastructure development but also strengthen defenses in disputed territories in the West Philippine Sea. Japan International Cooperation Agency (JICA) Philippines chief representative Takema...
The national government is poised to surpass its infrastructure spending target for the year, fueled by the rapid implementation of various projects, the Department of Budget and Management (DBM) said. In a report, the DBM said overall infrastructure disbursements are projected to hit P1.54...
The government's infrastructure spending surged 16.9 percent to P137.1 billion in September of this year, from P117.3 billion a year ago, according to the Department of Budget and Management (DBM). This increase was driven by robust investments in public works, transportation, and national defense...
Go Negosyo founder Joey Concepcion believes that not only will there be higher consumer spending this coming Christmas season, but it will even be bigger compared to last year. (MB file photo) During the Bagong Pilipinas Ngayon briefing on Wednesday, Nov. 20, Concepcion touted...
Budget Secretary Amenah F. Pangandaman has assured that public projects jointly funded with bilateral and multilateral development partners will be implemented as scheduled next year, as most of them formed part of the regular 2025 budget proposal. "So far, when I saw the GAB [general...
By DERCO ROSAL Infrastructure spending declined in August, mainly due to the weak disbursements made by the Department of Public Works and Highways (DPWH), Department of Budget and Management (DBM) data revealed. In a DBM report, the Marcos administration’s spending on infrastructure and...
