The National Economic and Development Authority (NEDA) has stressed the urgent need for the Philippines to dismantle restrictions on key sectors of the economy that are holding back the country from matching the developments of its neighboring nations. NEDA Secretary Arsenio M. Balisacan said that...
The Department of Finance (DOF) said the Marcos administration is on track to meet its borrowing requirements for the year, which will provide the necessary funding for government programs and projects. With a total financing goal of P2.46 trillion for 2024, the government plans to secure 75...
Defense Secretary Gilberto Teodoro Jr. (right) meets Vietnamese Ambassador Lai Thai Binh at Camp Aguinaldo in Quezon City on February 23, 2024. (Photo by DND) The Philippines is looking to collaborate with Vietnam and United Kingdom to further boost the country's defense and security, the...
Paulo Avelino has once again voiced his concerns about piracy. It all started with his “What’s Wrong With Secretary Kim?” co-star Kim Chiu challenging him to post in TikTok a video of him dancing. Paulo responded, "Kung walang pirata na lumabas ng WWWSK (What's Wrong With Secretary...
Finance Secretary Ralph G. Recto expressed his gratitude to the Philippine Stock Exchange (PSE) for its support and trust in his appointment. At a recent event hosted by the PSE to celebrate the new finance chief's appointment, Recto shared that this support “means a lot” for him as he...
The National Economic and Development Authority (NEDA) said the government is considering the approval of the planned privatization of the operations and maintenance (O&M) for two major railway projects this year. During the virtual SNAP Conversations 2024: Economic Outlook event, NEDA...
The National Economic and Development Authority (NEDA) said the implementing rules and regulations (IRR) of the Public-Private Partnership (PPP) Code will come into effect in the first week of April this year. NEDA Secretary Arsenio M. Balisacan said on Thursday, Feb. 22, that their goal is to...
President Marcos' chief economist cautioned that the implementation of the proposed P100 wage hike could result in heightened unemployment rates, a further acceleration of consumer prices, and a deceleration in economic growth. National Economic and Development Authority (NEDA) Secretary Arsenio M....
The Department of Finance (DOF) is exploring changes to the charters of the Land Bank of the Philippines and the Development Bank of the Philippines (DBP) to pave the way for their potential public listing. Finance Secretary Ralph G. Recto, speaking at a reception hosted by the Philippine Stock...
The Office of the Presidential Adviser on Peace, Reconciliation, and Unity (OPAPRU) said on Tuesday, Feb. 20, that it will not condone any anomaly in the implementation of the distribution of cash assistance for former combatants of the Moro Islamic Liberation Front (MILF). "This government shall...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. This week promises to be an exciting one for the Department of Budget and Management (DBM) as it observes the Information and Communications Technology (ICT) week with the theme “Full Throttle Digital Transformation.” Digitalization...
(Photo from Pixabay) The Department of Social Welfare and Development (DSWD) collaborated with national government agencies and private institutions to implement the Local Adaptation to Water Access and Breaking Insufficiency through Nutritious Harvest for the Poor projects (Projects LAWA and...
