The national government's budget deficit declined in the first three-months of the year after revenues grew by double-digits, outpacing the increase in public spending, the Bureau of the Treasury reported. On Wednesday, April 27, the Treasury bureau showed that the government incurred a P316.8...
House Deputy Speaker and Cagayan De Oro 2nd district Rep. Rufus Rodriguez has underscored the call to exempt the Department of Agriculture's (DA) distribution of fuel subsidy from the Commission on Elections’ (Comelec) spending ban. (FILE PHOTO) The national government, last March, approved a...
PASAHERO Party-list is urging the Commission on Elections (Comelec) to “promptly and favorably” act on the request of the Land Transportation and Franchising Regulatory Board (LTFRB) to exempt the distribution public utility vehicle (PUV) drivers' fuel subsidy from the election public spending...
Senator Joel Villanueva has called as "oppressive" the Commission on Elections' (Comelec) spending ban on government offices as members of various industries are in need of subsidies due to increasing oil price hike. Villanueva on Tuesday urged the poll body to suspend its moratorium on the Land...
The national government’s budget deficit narrowed in February this year owing to lower public spending. Data from the Bureau of the Treasury showed that the government incurred a P105.8 billion fiscal gap during the month, down by nine percent from P116 billion in February 2021. The slimmer...
Infrastructure spending accelerated last year, but it was mainly driven by low base effect of the Covid-19 pandemic in 2020, the Department of Budget and Management (DBM) reported. Public spending on infrastructure and other capital outlays rose 31 percent to P895.1 billion in 2021 from P681.5...
Highlighting the need to urgently address poverty and hunger in the Philippines, the Presidential Commission for the Urban Poor (PCUP), on Saturday, March 26, appealed for an exemption from the election spending ban. Under the Commission on Elections’ (Comelec) Resolution No. 10747, a certificate...
The national government posted a bigger budget deficit in the first month of the year owing to higher interest payments, data from the Bureau of the Treasury showed. The government incurred a P23.4 billion fiscal gap in January 2022, higher by 66.3 percent compared with P14.1 billion in the same...
(SCREEN GRAB FROM PTV FACEBOOK PAGE) The Department of Social Welfare and Development (DSWD) will be submitting a request for exemption from the public spending ban under Commission on Elections (Comelec) Resolution No. 10747 this week. DSWD spokesperson Director Irene Dumlao said the department is...
The Duterte administration’s budget deficit registered only a marginal increase last November owing to improved revenue collections, data from the Bureau of the Treasury showed. The national government incurred a P128.7 billion fiscal gap last month, up by only 0.33 percent compared with P128.3...
The Duterte administration’s budget deficit widened in October owing to higher spending. The Bureau of the Treasury reported on Thursday, Nov. 25, that the national government incurred a P64.3 billion fiscal gap during the month, an increase of 2.9 percent compared with P61.4 billion in the same...
The national government’s budget deficit breached the P1 trillion mark in the first three quarters of the year, but cuts in expenditures allowed the Duterte administration to keep the funding gap below the ceiling. The Bureau of the Treasury reported Monday, Oct. 25, that the national...
