Senator Risa Hontiveros on Wednesday, October 11 urged the Department of Foreign Affairs (DFA) and the Department of Migrant Workers (DMW) to prepare for the repatriation of Filipinos as the tension escalates further in war-torn Israel. Sen. Risa Hontiveros (Senate PRIB Photo) At the...
In less than 30 minutes, a Senate finance subcommittee has approved the Office of the President’s (OP) proposed P10.7 billion budget for 2024. Executive Secretary Lucas Bersamin leads officials of the executive department in presenting the Office of the President's P10.7-billion proposed 2024...
Finance Secretary Benjamin E. Diokno is calling for changes in the financing models of multilateral development banks (MDBs) to tackle global challenges. During the Intergovernmental Group of 24 (G-24) Ministerial Meeting in Marrakech, Morocco, Diokno said the lending capacity of MDBs has been...
Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian on Wednesday, Oct. 11 directed the agency’s operations group to locate and assist the families of two Filipinos killed in the ongoing Israeli conflict. The DSWD chief has instructed Undersecretary for Operations Group...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I joined Finance Secretary Benjamin Diokno, Bangko Sentral ng Pilipinas Governor Eli Remolona, Jr., and National Economic and Development Authority Secretary Arsenio Balisacan in receiving the Article IV Consultation...
The Department of Education (DepEd) confirmed on Tuesday, Oct. 10, that the teacher accused of "child abuse" in a public school in Antipolo City is now under a 90-day preventive suspension. (DepEd / MANILA BULLETIN) DepEd confirmed to the Manila Bulletin that the teacher involved in the...
For the public, road construction can be an eyesore as well as a source of headache due to the traffic congestion it brings, especially when it's fresh in the memory that it's just been built and once again being repaved. Department of Public Works and Highways Sec. Manuel Bonoan presents the...
The Department of Finance (DOF) said the International Monetary Fund (IMF) has commended the government's newly-formed Maharlika Investment Corp. (MIC), recognizing its contribution to the country's infrastructure initiatives. Finance Secretary Benjamin E. Diokno said the IMF has acknowledged the...
Finance Secretary Benjamin E. Diokno said there is a global consensus that central banks, including the Philippines, have implemented sufficient interest rate hikes to address the escalating consumer prices. During the Chat with SBED briefing on Friday, Oct. 6, Diokno concurred with the assertion...
The government's chief economic manager expects better growth in the second half of the year as public spending picks up after a slow start in 2023. Finance Secretary Benjamin E. Diokno said the gross domestic product (GDP) growth rate from July to December could surpass the average of 5.35 percent...
President Marcos' first retail dollar bond (RDB) sale successfully raised $1.26 billion, demonstrating a positive response from the public despite the current market conditions, the Department of Finance (DOF) said. During the Chat with SBED briefing on Friday, Oct. 6, Finance Secretary Benjamin E....
The Department of Budget and Management (DBM) has granted its approval for the disbursement of P1 billion as compensation to the victims of the 2017 Marawi siege. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM has approved the issuance of a Special Allotment Release Order...
