The business sector has proposed a ten-point recommendation to the Duterte to push for economic recovery. At the Sulong Pilipinas Pre-SONA forum of the Economic Development and Infrastructure Clusters, Ambassador Benedicto V. Yujuico, president of the Philippine Chamber of Commerce and...
The Mines and Geosciences Bureau (MGB) is working to secure a budget for the hiring of more people as it anticipates an influx of several new mining applications following the signing of Executive Order 130, which lifted the ban on new mineral projects....
The Philippine Center for Postharvest Development and Mechanization (PHilMech) will be needing additional personnel to fulfill its role in the newly passed Republic Act (RA) 11524, also known as the Coconut Farmers and Industry Trust Fund Act or Coco Levy Act. ...
Only representatives from three government agencies – Department of Finance (DOF), Department of Budget and Management (DBM), and Department of Justice (DOJ) – will have the final say on how the Coconut Farmers and Industry Trust Fund (CFITF) will be managed and use. Based on the Republic Act...
On signing of Coco Levy Act The Coconut Farmers and Industry Trust Fund Act or Coco Levy Act, which will result in the release of the P100-billion coco levy fund, has now been signed by President Rodrigo Roa Duterte, but its supposed beneficiaries are claiming that no justice or campaign promise...
The Department of Budget and Management (DBM) said it was able to release only the one-month equivalent of the 2018 pension differential of retired military and uniformed personnel (MUP) despite numerous inquiries from retirees. In a statement, the budget department said it disbursed only P2.85...
The Department of Budget and Management (DBM) said the government has released funds for the implementation of several coronavirus response programs under the Bayanihan I and Bayanihan II. (JANSEN ROMERO / FILE PHOTO / MANILA BULLETIN) In a statement, Budget Secretary Wendel E. Avisado, said that...
The Department of Budget and Management (DBM) assured that there are sufficient government programs and financial assistance for displaced workers due to the pandemic. In a statement, Budget Secretary Wendel E. Avisado said the DBM has already released and allocated the budget for the different...
Government debt stock breached the P10 trillion mark in October amid unprecedented borrowings for the coronavirus response, data from the Bureau of the Treasury showed. Total outstanding debt of the national government stood at P10.028 trillion as of October this year, up by 26.8 percent compared...
The inter-agency Development Budget Coordination Committee (DBCC) expects deeper economic contraction this year due to community quarantine measures amid the COVID-19 crisis. Following the DBCC’s meeting late Thursday, the economic managers adjusted its gross domestic product (GDP) assumption for...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
