Government workers will receive their year-end and cash gift bonus beginning Tuesday, Nov. 15. In a statement, Budget Secretary Amenah F. Pangandaman said the national government earmarked P65.35 billion to cover the year-end and cash gift bonus of state personnel. Of that amount, P56.73 billion is...
Senator Jinggoy Estrada said he will push for a P1-budget for the Optical Media Board (OMB) in next year’s proposed 2023 national budget. According to Estrada, the OMB had no performance whatsoever during the past year. “No collection, no apprehension of violators, none. Truly zero...
The Department of Environment and Natural Resources (DENR) has vowed to push for environmental protection and natural resource conservation as its top priority in the next six years. The DENR is seeking P23.041 billion budget for 2023 and Environment Secretary Maria Antonia Yulo Loyzaga said this...
A record-high 2023 budget has been accorded to the Energy Regulatory Commission (ERC) to enable the regulatory body to strengthen its mandate to implement a "rate reset" or rate adjustment of regulated power utilities, primarily the National Grid Corporation of the Philippines (NGCP), as well as...
The budget of the Philippine National Oil Company (PNOC) has been reduced by P2.5 billion for 2023 as part of efforts to compel the government-owned and controlled corporation (GOCC) to refocus its mandate into providing stable and secure supply of oil, including the exploration of oil and gas. The...
After four weeks of meetings and deliberations, the 11th Pasig City Council has finally approved, on third and final reading, the proposed P15 billion annual budget of the city for fiscal year 2023. During its regular session on Thursday, Nov. 10, the city council passed on third reading the...
Senator Alan Peter Cayetano has called on the Senate to ensure that deliberations on the budgets of the Armed Forces of the Philippines (AFP), the Philippine National Police (PNP), and the Department of National Defense (DND) are tagged as confidential to prevent insurgents from getting information...
The Senate has approved the proposed P32.4 billion 2023 budget of the Department of Finance (DOF) and Department of Budget and Management (DBM) along with their attached agencies and state-owned companies. Senator Juan Edgardo M. Angara, chair of the Senate Finance Committee, sponsored and defended...
The Department of Budget and Management (DBM) approved the release of P335.81 million as Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) share in taxes. Budget Secretary Amenah F. Pangandaman said on Thursday, Nov. 10, said that BARMM gets P335.81 million share from the taxes and other...
A lingering disconnect between the Department of Budget and Management (DBM) and the National Power Corporation (Napocor) over the latter’s 2023 budget allocation could lead to very unsavory consequences for Filipinos. (Amie Johnson/ Unsplash) Senior Deputy Minority Leader and Northern Samar 1st...
The Senate has approved the proposed budget for next year of the Department of Budget and Management (DBM), the Department of Finance (DOF), the National Economic and Development Authority (NEDA), and the Legislative-Executive Development Advisory Council (LEDAC). The proposed budget of the DBM for...
Senate Minority Leader Aquilino "Koko" Pimentel III on Wednesday, November 9 sought the realignment of the Marcos administration’s P9.3-billion intelligence and confidential funds (CIFs). If this is not possible, Pimentel said these funds should be used for food, ‘ayuda’ (financial...
