The Department of Budget and Management (DBM) said the national government has available fund for relief operations in the earthquake-affected areas in Northern Luzon. Budget Secretary Amenah F. Pangandaman said on Wednesday, July 27, that the National Disaster Risk Reduction and Management Program...
(DSWD SECRETARY ERWIN TULFO / FACEBOOK) The Department of Social Welfare and Development (DSWD) has released an initial P10 million worth of assistance to families affected by the 7.0-magnitude earthquake in Abra province on Wednesday, July 27. DSWD Secretary Erwin Tulfo checked on the situation in...
The Department of Budget and Management (DBM) said that the implementation of big-ticket infrastructure projects should remain under the national government despite the Mandanas ruling. Budget Secretary Amenah F. Pangadaman said in an interview with reporters that the national government is...
President Marcos’ economic team will work closely with Congress, the private sector, and civil society in a unified approach to economic recovery and long-term growth, the Department of Finance (DOF) said. At the Post-State of the Nation Address (SONA) Economic Briefing on Tuesday, July 26,...
The Department of Budget and Management (DBM) vowed to pass on time President Ferdinand R. Marcos Jr.’s first full-year budget with the cooperation of Congress. At the Post-State of the Nation Address (SONA) Economic Briefing on Tuesday, July 26, Budget Secretary Amenah F. Pangandaman said the...
The Marcos administration is aiming to raise Filipinos’ average earning to around P20,000 per month in two years, an income level that would propel the Philippines towards the much coveted upper-middle income status. From the current per capita income of $3,549 or roughly P197,692 at current...
The Duterte administration closed the books with a lower than expected budget deficit in the first semester, driven mainly by higher revenue collection by the Bureau of the Customs (BOC) from expensive fuel imports. The Bureau of the Treasury reported on Tuesday, July 26, that the national...
Economic managers vowed full support behind the private sector, as the Department of Finance (DOF) asked investors to trust President Ferdinand R. Marcos Jr.’s government. “As the President said yesterday , the sate of the economy is sound. So, my advice to the private sector is trust your...
Department of Transportation (DOTr) Secretary Jaime J. Bautista stated he "feels challenged" by President Ferdinand Marcos Jr.'s marching order during the State of the Nation Address (SONA) to modernize the country's transport facilities and upgrade local airports. The Transport chief vowed to...
BIR told to hit collection target By Chino S. Leyco The new administration expects the Bureau of Internal Revenue (BIR), the government’s main tax agency, to attain its collection target this year despite weaker than expected performance in the six-semester. Finance Secretary Benjamin E. Diokno...
President Ferdinand "Bongbong" Marcos Jr. is still working on his message for his first State of the Nation Address (SONA) which will take place a few days from now. President Ferdinand 'Bongbong' Marcos Jr. (MARK BALMORES) Executive Secretary Vic Rodriguez told reporters on Friday, July 22, that...
President Ferdinand “Bongbong” Marcos Jr. will “almost certainly” touch on fertilizers for the agriculture sector in his maiden State of the Nation Address *SONA), Albay 2nd district Rep. Joey Sarte Salceda said Thursday, July 21. Albay 2nd district Rep. Joey Salceda (left) and President...