Efficient implementation of catch-up plans has positioned the Marcos administration to exceed its infrastructure spending target for this year, data from the Development Budget Coordination Committee (DBCC) showed. The DBCC, an inter-agency body responsible for setting the government’s...
The Department of Agriculture (DA) recognized its long-time partners and local government units (LGU) for supporting the successful run of Kadiwa Program this year. In a statement on Thursday, Dec. 20, Agriculture Secretary Francisco Tiu Laurel, Jr. said that over 1,887 Kadiwa selling activities...
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...
Trade and Industry Secretary Alfredo E. Pascual reported that a total of P169.7 billion in actual investments have been generated from the 34 letters of intent and agreements signed with various Japanese companies during President Marcos visit to Japan in February this year. Pascual reported the...
The Department of Finance (DOF) said micro, small, and medium enterprises (MSMEs) have now more options to raise funds due to the Securities and Exchange Commission's (SEC) intensified initiatives to facilitate accessible funding for small businesses. In a statement, Finance Secretary Benjamin E....
Vice President and Education Secretary Sara Duterte recently visited various schools across the Philippines to understand the needs of students and teachers and to highlight the importance of environmental sustainability. Photo from VP Sara Dutere “Included in my visit to various schools...
Hoping to pave the way for a resilient and strong basic education system, the Department of Education (DepEd), under the leadership of Vice President and Education Secretary Sara Duterte, embarked on the MATATAG education journey this year. “Let me thank all of you for your hard work and...
Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian said the agency is ready to collaborate with the Department of Education (DepEd) to support its learning programs aimed at reducing illiteracy in the Philippines, following the completion of the pilot implementation of the...
The Department of Finance (DOF) said the national government's borrowing from local and foreign investors through the sale of debt papers demonstrated investor confidence in the Marcos administration. In a statement on Monday, Dec. 18, the DOF boasted President Marcos' multi-billion peso domestic...
President Marcos has issued an executive order creating the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), which will be tasked to ensure the effective integration, coordination and implementation of the various government investment and economic...
The Millennium Challenge Corp. (MCC), a US foreign aid agency, said the Philippines has demonstrated renewed commitment to improve governance, human rights, and fighting corruption. In a statement, Alice Albrigh, MCC chief executive officer, said that Philippines has met threshold...
After a seven-year hiatus prompted by human rights concerns, the Washington-led Millennium Challenge Corp. (MCC) has decided to resume providing grants to the Philippines. In a statement, Finance Secretary Benjamin E. Diokno said the US foreign aid agency that gives grant to developing countries...
