The allowable revenues of transmission firm National Grid Corporation of the Philippines (NGCP) had been pared by more than half to P183.491Billion, or lower by more than P204 billion from the company’s original claims of P387.803 billion as applied for under its fourth regulatory reset. In a...
Senate Committee on Finance chief Senator Juan Edgardo “Sonny” Angara on Wednesday, November 8 disclosed that the government has yet to spend around P1.27-trillion or 24 percent of the P5.268-trillion national budget for 2023. Sen. Juan Edgardo "Sonny" Angara, chairperson of the Committee...
President Marcos has ordered government agencies and response clusters to address the "lingering issues" caused by the devastating super typhoon Yolanda 10 years after its onslaught. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos tasked the Yolanda response clusters...
The Senate is all set to conduct plenary debates on the proposed P5.768-trillion national budget for 2024, starting Wednesday, November 8. Senate Finance Committee chairman Sen. Juan Edgardo “Sonny” Angara, who formally sponsored the measure on Tuesday, November 7, said the avowed goals of the...
The government may experience a merry Christmas this year as it prepares to face the challenges of the coming year. Congress is eyeing the enactment of the ₱5.768-trillion General Appropriations Bill (GAB) or the proposed 2024 national budget before Christmas this year. “Our confidence is...
Senators on Tuesday, November 7 sought an investigation into why details of their executive meeting was released to the media and who was the colleague or person responsible for the leak. This was after Sen. Jinggoy Ejercito Estrada stood up during the Senate’s plenary session to...
With its “economies of scale” now in place, an official of the National Economic and Development Authority (NEDA) said that the administration of President Marcos is treading the right path in providing affordable rice in the market. (File Photo/MANILA BULLETIN) Speaking in a Palace briefing,...
Provinces that are expected to be less vulnerable to El Niño must also be provided with government interventions as the country will bank on them for agriculture production, President Marcos said. (MB FILE PHOTO) National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon...
The National Economic and Development Authority (NEDA) took on a roadshow in Luzon to engage stakeholders in driving social and economic transformation in the country. In line with the National Innovation Agenda and Strategy Document (NIASD) 2023-2032, launched last September, the roadshow series...
In response to the call of the Marcos administration to accelerate government spending in the second quarter of the year, the Department of Public Works and Highways (DPWH) and the Department of Social Welfare and Development (DSWD) topped the spending of government agencies this third quarter....
The Philippines has “clear priorities” and plans in place to contain the impact of the Israel-Hamas conflict on the country’s inflation rate, National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said on Tuesday, Nov. 7. Smoke billows from the Gaza's Rafah border...
Senator Francis “Chiz” Escudero said on Tuesday, November 7 that the funding for the new facilities at the Ayungin Shoal and Kalayaan island—the country’s frontline posts in the West Philippine Sea—is already a done deal in the Senate. Escudero, who first broached the idea of...
