Members of the Development Budget Coordination Committee (DBCC) are scheduled to convene next week to assess the country’s economic targets. Budget Secretary Amenah F. Pangandaman said that the inter-agency body responsible for setting the government’s macroeconomic assumptions will hold a...
President Marcos' chief economic manager said that despite the global decline in prices, the consistently high local costs of rice remain a key concern. In a statement, Finance Secretary Ralph G. Recto pointed out the substantial price gap of rice between the current market prices and those of last...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week was a double win for open governance in our country, as we celebrated Open Government Week! The first excellent news is that the Philippines has been recognized as a global leader in budget transparency, oversight, and...
President Marcos' economic managers maintained that the National Food Authority (NFA) should continue its role in buffer stocking and intervene in the market only during emergencies. National Economic and Development Secretary Arsenio M. Balisacan said that any reforms to the state grains agency...
PEACE BY PEACE By Secretary Carlito G. Galvez, Jr. Peace in the Philippines was an elusive dream that many actors struggled to build. The Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU), under the leadership of President Ferdinand R. Marcos, Jr., takes off from...
The Marcos administration is looking to ramp up the sale of government assets this year, data from the Development Budget Coordination Committee (DBCC) revealed. Based on the DBCC's quarter fiscal program approved last May 23, the national government expects to generate P42.12 billion in proceeds...
The Philippines has emerged as a standout performer in the 2023 Open Budget Survey (OBS), solidifying its position as a frontrunner in budget transparency and public engagement in Southeast Asia. The recently released OBS survey results underscored the country's progress in upholding open...
Vice President and Department of Education (DepEd) Secretary Sara Duterte lauded the graduates of School Year (SY) 2023-2024 and urged them to continue doing their best for themselves, their families, and the country. Senior High School graduates (DepEd / file photo) “Saludo ako sa tibay ng...
Agriculture Secretary Francisco Tiu Laurel Jr. told Bruneian companies that there is a huge business potential in the Philippines' agriculture sector as he invited them to invest in the country. President Ferdinand 'Bongbong' Marcos Jr. meets with Bruneian businessmen on May 29, 2024 during his...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Have you ever thought about your retirement? I believe that this stage should be the best time of our lives when we can indulge in activities that we find thrilling — the activities that we have always wanted to undertake but never had...
Finance Secretary Ralph G. Recto admitted the daunting challenge of digitizing the government's tax system, prompting the need to explore non-tax revenue sources for additional funding. Recto told Manila Bulletin on Tuesday, May 28, that the Marcos administration's digitalization initiatives to...
The Department of Education (DepEd) will soon begin hiring 5,000 non-teaching personnel with a base monthly salary of at least P27,000, the Department of Budget and Management (DBM) announced. This decision comes after Budget Secretary Amenah F. Pangandaman granted approval to DepEd's request for...
