National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that President Marcos has approved the changes to the execution of two high-impact projects. Chaired by the president, the NEDA Board has given the green light to the negotiated parameters, terms, and conditions...
Ahead of the release of the country's full-year growth figures, the National Economic and Development Authority (NEDA) announced that the economy had performed well in 2023, despite the significant challenges it encountered. NEDA Secretary Arsenio M. Balisacan said the local economy, as measured by...
The Department of Finance (DOF) plans to push for approval of five pending tax measures in Congress within this year to raise around P213 billion by the end of President Marcos' term. In the absence of new tax proposals, Finance Secretary Ralph G. Recto said the DOF will continue to push for the...
As part of its commitment to accelerate the delivery of basic education facilities and services, the Department of Education (DepEd) on Thursday, Jan. 25, announced the launching of the DepEd Digital Education 2028 or “DepEd DigiEd 2028.” (DepEd file photo) “This will be our flagship program...
Vice President and Education Secretary Sara Duterte on Thursday, Jan. 25, announced that the directive to remove the administrative tasks from public school teachers has been finalized and is ready for release. (NOEL PABALATE / Manila Bulletin / file photo) “We have always expressed our...
The Department of Finance (DOF) has urged the Insurance Commission (IC) to develop new products aimed at addressing emerging challenges, notably climate change. Finance Secretary Ralph G. Recto said there is the need to develop new products, implement innovative solutions, and utilize new...
Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian has directed the agency’s Eastern Visayas regional officials and personnel to assist families in Northern Samar in recovering from the effects of flooding incidents caused by the shear line that struck the province back...
The Department of Social Welfare and Development (DSWD) unveiled a new campaign to honor its employees' unwavering commitment to providing "extra love" and "extra care" to those in need as part of the agency's 73rd founding anniversary celebration. The "Angels in Red Vests" (ARV) campaign, which...
The Department of Finance (DOF) said it will not seek the imposition of additional taxes this year and will instead temper tax hikes such as the proposed motor vehicles tax. “Frankly speaking, there are no plans of imposing additional new taxes. I think our first job is to collect what is on the...
Finance Secretary Ralph G. Recto has dismissed worries about the country's ballooning debt stock, affirming the government's capability to meet all maturing financial obligations. Recto said that the current total government debt, which amounted to P14.51 trillion as of November last year,...
The Department of Finance (DOF) has vowed to prioritize efforts aimed at curbing the elevated consumer prices that are impeding the country's economic growth and hindering the generation of additional government revenues. In a briefing on Wednesday, Jan. 24, Finance Secretary Ralph G. Recto said...
The Department of Budget and Management (DBM) said that it allocated nearly P50 billion last year to finance programs designed to aid individuals and families during times of crises. Budget Secretary Mina F. Pangandaman said the Protective Services of Individuals and Families in Difficult...
