"We are working for the people, not for ourselves." This was the reminder of President Marcos to his fellow government officials as he signed the 2024 national budget, telling them to honor the taxpayers who toiled to make the budget possible. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM...
President Marcos has approved the P5.768-trillion national budget for 2024, which he said prioritizes programs that advance social and economic transformation. BUDGET APPROVED — President Ferdinand 'Bongbong' Marcos Jr. signs the General Appropriations Act (GAA) of 2024 in a ceremony in...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last Nov. 1, while discussing in this column the government’s support for micro small, and medium enterprises (MSMEs) through investments, I also shared that our lawmakers were close to passing the Tatak Pinoy or Proudly Filipino...
The proposed new Government Procurement Reform Act (GPRA) will allow bidders to submit only the certificate of registration and membership, which will smoothen the procurement process and ensure its legality, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary...
(MANILA BULLETIN) The soon-to-be-enacted P5.768-trillion national budget for 2024 won't skimp out on social amelioration or "ayuda" for some 48 million poor Filipinos. Thus, said House Speaker Martin Romualdez, who bared Tuesday, Dec. 19 that early...
It is a settled issue. This was how President Marcos reacted about the deletion of confidential funds from the 2024 national budget which affects the Office of the Vice President and Department of Education (DepEd). President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Yummie Dingding/PPA...
For Senate Minority Leader Aquilino "Koko" Pimentel III, legislators acted like they were part of the executive branch, criticizing the additional P450 billion unprogrammed funds in the final version of the General Appropriations Bill (GAB). "Feeling executive branch na ang mga legislators...
The Department of Budget and Management (DBM) announced the disbursement of a P5 billion budget aimed at rebuilding, rehabilitating, and developing conflict-affected areas in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). In a statement, Budget Secretary Amenah F. Pangandaman said the...
TOKYO, Japan —President Marcos is expected to sign the 2024 national budget on Wednesday, Dec. 20, House Speaker Martin Romualdez disclosed. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Yummie Dingding/PPA Pool) In an interview with Malacañang reporters on Sunday night, Dec. 17,...
Senate President Juan Miguel “Migz” Zubiri on Sunday, December 17 expressed hope President Marcos would not veto the final proposed budget of the Department of National Defense (DND) and the Philippine Coast Guard (PCG) that has been outlined in the proposed P5.768-trillion national budget for...
The Development Budget Coordination Committee (DBCC) has increased its government revenue projection for this year due to stronger-than-expected collections and higher income from the customs and treasury bureaus. The DBCC, an interagency body responsible for setting the government’s...
The Development Budget Coordination Committee (DBCC) has maintained the government's economic growth target for the year and has marginally adjusted its forecast for next year. The DBCC, an inter-agency body tasked with determining the government’s macroeconomic assumptions, kept its gross...