Economic managers expressed gratitude to Congress for supporting the Marcos administration's medium-term fiscal blueprint that aims to steer the economy back to its high-growth trajectory. Finance Secretary Benjamin E. Diokno and Budget Secretary Amenah F. Pangandaman said on Tuesday, Sept. 20,...
The Department of Finance (DOF) said the Marcos administration is committed to fiscal prudence to fund government programs and meet its obligations with creditors. Finance SecretaryBenjamin E. Diokno said Tuesday, Sept. 20, that the government welcomed the decision of Moody’s Investors Service...
DSWD Secretary Erwin Tulfo and PAO chief Persida Acosta (ERWIN TULFO FACEBOOK PAGE) The Department of Social Welfare and Development (DSWD) has collaborated with the Public Attorney's Office (PAO) to help single mothers get sustainment from fathers who do not provide child support. DSWD Secretary...
The Philippine government and the German development agency sealed a technical assistance grant to make climate information accessible to the public, the Department of Finance (DOF) announced. In a statement, the DOF said that Manila and Deutsche Gesellschaft für Internationale Zusammenarbeit...
The National Economic and Development Authority (NEDA) expects the amended implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law to take effect next month. Socioeconomic Planning Secretary Arsenio M. Balisacan said the Cabinet-level BOT IRR Committee, chaired by the NEDA,...
The Department of Budget and Management (DBM) said it has earmarked P11 billion for the Rice Competitiveness Enhancement Fund (RCEF) as well as assistance to farmers and fisherfolks next year. In a statement, Budget Secretary Amenah F. Pangandaman said the government plans to spend P10 billion for...
Information Technology and Business Processing Outsourcing (IT-BPO) enterprises registered with the Philippine Economic Zone Authority (PEZA) need to transfer to the Board of Investments (BOI) to retain their tax incentives and continue their work from home (WFH) arrangement, the Department of...
The Marcos administration has allotted P12.5 billion for the transformation and digitalization of government processes and transactions next year, the Department of Budget and Management (DBM) said. During the Development Budget Coordination Committee Briefing at the Senate on Wednesday Sept. 14,...
The Department of Budget and Management (DBM) wants to strengthen the autonomy of local government units (LGUs) in delivering essential services to the public through higher funding allocation. During the Development Budget Coordination Committee (DBCC) Senate briefing on Wednesday, Sept. 14,...
The Department of Finance (DOF) has emphasized that sustainable finance plays a critical role in driving the country’s shift to climate change adaptation and mitigation practices. At a virtual forum organized by sustainability media and business intelligence-firm Eco-Business, Finance Secretary...
NEDA identifies top priorities in PDP 2023-2028 By Chino S. Leyco The National Economic and Development Authority (NEDA) said social protection and human capital development will be among top priorities in the short to medium term under the upcoming Philippine Development Plan (PDP) 2023-2028....
The Department of Budget and Management (DBM) on Tuesday, Sept. 12, said it will help bankroll various programs of the Department of Energy (DOE) next year. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM earmarked P2.2 billion for the DOE in 2023 in line with the government’s...
