President Marcos may be "on the way" to choose a new Agriculture secretary, Executive Secretary Lucas Bersamin bared. Executive Secretary Lucas Bersamin is seated beside President Ferdinand Marcos Jr. during the 9th Cabinet meeting in Malacañan Palace. (Office of the President) Bersamin revealed...
President Marcos' top economic manager stated that the ongoing sale of dollar-denominated retail Treasury bonds is a major step towards achieving financial inclusion for Filipinos. Finance Secretary Benjamin E. Diokno said the second sale of retail dollar bonds (RDB) contributes to fostering...
The Department of Budget and Management (DBM) has ruled out the possibility of a reenacted budget for next year following the House of Representatives' swift approval of the 2024 general appropriations bill (GAB). In a statement on Thursday, Sept. 28, Budget Secretary Amenah F. Pangandaman lauded...
The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund. The Advisory Body, which consists of the Department of Budget and Management (DBM), National Economic...
The Department of Budget and Management (DBM) signed a Special Allotment Release Order (SARO) of P705 million to cover safety measures in bike transportation. The budget, given to the Department of Transportation (DOTr), would help implement the Active Transport Bike Share System and Safe Pathways...
The Department of Social Welfare and Development (DSWD) has confirmed that the Marcos administration plans to provide a cash subsidy of P15,000 to farmers that may be severely affected by El Niño. DSWD Secretary Rex Gatchalian said the agency is in talks with the Department of Agriculture (DA) for...
The Department of Finance (DOF) underscored the need for Multilateral Development Banks (MDBs) to provide innovative financing solutions to support physical and digital connectivity projects. At the 2023 Asian Infrastructure Investment Bank (AIIB) Annual Meeting in Sharm El Sheikh, Egypt, Finance...
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I had the honor of presenting proposed amendments to the procurement law during the Legislative-Executive Development Advisory Council Meeting, led by President Bongbong Marcos. Among the priority measures approved to be...
The Department of Finance (DOF) has called upon international financial institutions to bolster their response capabilities and undertake comprehensive reforms amid the global economic recovery. Finance Secretary Benjamin E. Diokno said the combined impact of the pandemic, its aftermath, and the...
Foreign Affairs Secretary Enrique Manalo on Tuesday, September 26 said the removal of China’s floating barrier in Scarborough Shoal is consistent with the Philippine government’s position on the West Philippine Sea. Foreign Affairs Secretary Enrique Manalo presents the proposed...
The Department of Social Welfare and Development (DSWD) distributed P95.61 million in cash assistance to 37,386 beneficiaries under its Assistance to Individuals in Crisis Situation (AICS) during the Bagong Pilipinas service caravan kick-off in four provinces over the weekend. The recipients were...
Department of National Defense (DND) Secretary Gilberto "Gibo" Teodoro Jr. (front, middle) poses for a photo with 13 civil servant of the DND and its bureaus who were recognized for outstanding public service during the commemoration of the 123rd Philippine Civil Service Anniversary (PCSA) in Camp...
