BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last July 29, I was honored and privileged to submit the Fiscal Year (FY) 2025 National Expenditure Program (NEP), or the proposed national budget of President Ferdinand R. Marcos Jr. (PBBM), to Congress. It amounts to ₱6.352 trillion,...
Enrollment in basic education for School Year (SY) 2024-2025 has reached 24 million, according to data released by the Department of Education (DepEd) on Tuesday, Aug. 6. Grade school students of Mines Elementary School in Quezon City attend the first day of School Year 2024-2025 on July 29, 2024....
President Marcos’ chief economic manager stated that the substantial rise in consumer prices in July was temporary and is expected to align with the government’s target range in the coming months. Finance Secretary Ralph G. Recto said in a statement that the 4.4 percent inflation rate recorded...
President Marcos’ chief economic manager is confident that the country can uplift approximately 2.5 million poor Filipinos annually, given sustained economic growth of at least six percent bolstered by government borrowings. Finance Secretary Ralph G. Recto is optimistic about achieving a...
While the opening of over 40 schools remained postponed on Monday, Aug. 5, the basic education enrollment in both public and private schools has reached 23.8 million during the second week of classes for School Year (SY) 2024-2025, according to the Department of Education (DepEd). First day of...
The Department of Finance (DOF) announced that the national government's interest payments are expected to surge by double digits next year due to refinancing of loans obtained during the pandemic. Finance Secretary Ralph G. Recto said on Monday, Aug. 5, that the government expects an 11 percent...
The Philippine Chamber of Commerce and Industries (PCCI) has voiced its support for Energy Secretary Mr. Raphael P.M. Lotilla amid the recent graft complaint filed against him by certain progressive groups. In a statement on Monday, Aug. 5, the business group dismissed the graft charges...
The Department of Education (DepEd) announced on Friday, Aug. 2, that the target opening date for schools with postponed classes has been set for next week. First day of classes at Vicente Hizon Sr. Elementary School in Davao City on July 29, 2024 (KEITH BACONGCO / MANILA BULLETIN) “The target...
Education Secretary Sonny Angara expressed optimism on Friday, Aug. 2, that utilizing technology would help the Department of Education (DepEd) achieve improved education outcomes among Filipino learners. (DepEd / MB Visual Content Group) Angara led the ceremonial Memorandum of Agreement (MOA)...
The Department of Education (DepEd) has achieved 84 percent of its target enrollment as the first week of classes for School Year (SY) 2024-2025 ended on Friday, Aug. 2. Grade school students, along with their teachers, parents and guardians, attend the flag ceremony during the official opening of...
Have you ever thought about the cost efficiency of the Bureau of Internal Revenue (BIR) in generating revenue for the government? It only takes 52 centavos to generate P100. During a recent event celebrating the BIR's anniversary, Finance Secretary Ralph G. Recto highlighted the importance of the...
Education Secretary Sonny Angara on Thursday, Aug. 1, said that while there were “minor issues” reported during the first week of the school opening for School Year (SY) 2024-2025, none were considered too “dramatic.” Grade school students of Mines Elementary School in Quezon City attend...
