DILG Secretary Jonvic Remulla (left), Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has hailed newly-confirmed Department of the Interior and Local Government (DILG) Secretary Jonvic...
Like in his previous foreign trip, President Marcos has once again designated three Cabinet officials as the government's caretaker while he is in the United Arab Emirates (UAE). President Ferdinand R. Marcos Jr. and First Lady LIza Araneta-Marcos (File Photo) Marcos has assigned anew an executive...
ACT-CIS Party-list Rep. Erwin Tulfo is seeking the enactment of a measure that would provide rank and file government employees a 10 percent discount on medicines--a big boon given current high cost of basic goods. The measure is titled, “An act granting rank and file government employees...
Vice President Sara Duterte (Facebook) The House Committee on Good Government and Public Accountability remains “hopeful” that Vice President Sara Duterte will attend the hearing on Wednesday, Nov. 20, despite an earlier statement from the...
President Marcos has appointed new ambassadors and government officials in various agencies. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) In a document released by the Presidential Communications Office (PCO) on Saturday, Nov. 16, Marcos named new envoys to three...
Former president Rodrigo Duterte (left), Vice President Sara Duterte (Facebook) Former president Rodrigo Duterte has seemingly advised his own daughter, Vice President Sara Duterte to face House investigation on her alleged misuse of millions...
Vice President Sara Duterte receives the invite from the Good Government panel (Quad-comm media) The Committee on Good Government and Public Accountability took advantage of Vice President Sara Duterte's surprise presence as a spectator Wednesday,...
Concerns about rising U.S. Treasury yields and inflation, linked to potential protectionist policies under a Trump administration, have led to an increase in short-term government debt interest rates for the sixth consecutive week, despite a slight decline in investor demand. During the auction on...
Soaring interest payments, especially for debts that piled up to fight the Covid-19 pandemic, may slow down fiscal consolidation or budget-deficit reduction in the Philippines, according to the think tank Oxford Economics. "Because government deficits have ballooned quickly in the last few years, a...
Navotas City lone district Rep. Toby Tiangco (PPAB) Noting that collaboration is key, Navotas City lone district Rep. Toby Tiangco has urged local government units (LGUs) to continuosly support the Marcos administration's efforts to end...
The Government Service Insurance System (GSIS) has launched its new Multi-Purpose Loan (MPL) Lite program, designed to provide members with quick and accessible financing for unexpected expenses or temporary budget shortfalls. In a statement, the GSIS said the MPL Lite offers loans ranging from...
By DERCO ROSAL The government’s debt stock is nearing the P16 trillion threshold, driven by continued borrowing from both domestic and foreign creditors. Data from the Bureau of the Treasury showed that the national government’s total outstanding debt reached P15.89 trillion at end-September,...
