The Marcos administration lowered its financial support for government-owned and -controlled corporations (GOCCs) in July, data from the Bureau of the Treasury showed. The Treasury report revealed that the national government allocated P10.92 billion to support state-owned companies in July, a 69...
Businessman Ramon S. Ang fearlessly tackled the issue of high electricity and fuel prices in the country compared to its neighbors during the Philippine Economic Briefing on Monday, May 27. Ang, widely known as RSA, used the panel discussions at the forum, which included Budget Secretary Amenah...
The national government reduced the amount of subsidy to government owned and controlled corporations (GOCCs) in March this year, based on data from the Bureau of the Treasury. Financial support extended to state-owned corporations amounted to P6.87 billion in March, down by 36 percent compared...
The Commission on Higher Education (CHED) warned the public against “fake news” posts regarding its programs. (CHED / MB Visual Content Group) In a Facebook post, CHED Chairman Popoy De Vera said there were no calls for the submission of Tertiary Education Subsidy (TES) applications under the...
(MANILA BULLETIN) Citing the recent pump price hikes, Makati City 2nd district Rep. Luis Campos Jr., is calling for the early release of the government’s P2.5 billion fuel cash subsidy to public transport drivers. “Assuming the conditions...
(MANILA BULLETIN) “Rice is good, but cash is better." House Minority Leader 4Ps Party-list Rep. Marcelino “Nonoy” Libanan had this to say as he prodded the government to keep on distributing the P600 monthly rice subsidy to Pantawid...
The amount of subsidy the Marcos administration extended to government-owned and controlled corporations (GOCCs) was raised to 35 percent in February, as the bulk of it went to the National Irrigation Administration (NIA). Based on the Bureau of the Treasury data, financial support extended to...
The national government slashed the amount of subsidy it extended to government-owned and controlled corporations (GOCCs) to around 18 percent last year, but bulk of it went to the Philippine Health Insurance Corp. (Philhealth). Financial support extended to the state-owned companies plunged to...
Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian Even though discussions are still ongoing with the Department of Agriculture (DA) regarding the proposed distribution of actual rice aid rather than cash subsidy, Department of Social Welfare and Development (DSWD)...
The Department of Social Welfare and Development (DSWD) maintained on Friday, Feb. 16 that the current P600 monthly rice subsidy for Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries is “more practical and efficient” than handing out actual bags of rice. “After discussion with the...
Government subsidies to state-owned companies increased in November, with the majority of the funds being allocated to the National Irrigation Administration (NIA) and the National Food Authority (NFA). Data from the Bureau of the Treasury showed that government-owned and -controlled corporations...
The Bureau of the Treasury reported that state-run companies' financial independence strengthened in October this year, as the national government's subsidy to these corporations decreased. Based on the Treasury bureau’s report, the total subsidies granted to government owned and controlled...
