The government may not have enough funds to cover the back wages of thousands of government nurses for now, Malacañang admitted Tuesday following a reversal of a budget circular that affected the health workers' pay status. President Spokesman Harry Roque (File photo/Malacañang) According to...
The national government plans to trim the budget deficit in the third- and fourth-quarters of the year after ramping up spending in the second-quarter, data from the Department of Budget and Management (DBM) showed. Under the 2021 fiscal program released by the DBM on Tuesday, June 8, the...
Senate Minority Leader Franklin M. Drilon on Tuesday called on the Department of Budget and Management (DBM) to use the Miscellaneous Personnel Benefits Fund (MPBF) to pay for the salary differentials of nurses in public hospitals in the country. Drilon noted these nurses were affected by the DBM...
The national government is pursuing the full devolution of the provision of basic services and facilities to local government units before the end of 2024. President Rodrigo Duterte (File photo/Malacañang) President Duterte has signed Executive Order No. 138 directing that certain functions of...
The Philippines is one of only four countries in the world that has demonstrated an "adequate" level of accountability in its early coronavirus disease (COVID-19) fiscal policy response, Secretary Carlito Galvez Jr. disclosed Monday night, May 31. Secretary Carlito Galgez Jr. attends President...
The government is not in a rush to seek the passage of a third stimulus package for the coronavirus response and recovery efforts since it was still spending the existing budget. Las Piñas City residents wait for their turn at a COVID vaccination site inside a mall on May 30, 2021. (Ali...
The national government’s budget deficit decelerated last month owing to the substantial reduction in spending for coronavirus response compared with last year, data from the Bureau of the Treasury showed. The Duterte administration incurred a P44.4 billion fiscal gap in April, down by 84 percent...
Local government units have until June 30 this year to submit all the documentary requirements for the P13.6 billion local government support fund-financial assistance to local government units (LGSF-FALGUs) for local infrastructure and development projects, the Department of the Interior and Local...
The government is unlikely to halt the rehabilitation of Manila Bay, including the use of crushed dolomite rocks along the shoreline, despite concerns raised by some groups. The sun sets over a boat sailing along Manila Bay on April 2021 (Ali Vicoy/ Manila Bulletin) Presidential spokesman Harry...
Senator Sonny Angara on Friday urged the Department of Education (DepEd) to expedite the procurement and release of connectivity load for its teachers, as the budget for this purpose has been available for some time already under the 2021 national budget and the economic stimulus package Congress...
The Duterte administration’s economic team has jacked up the government’s budget deficit ceiling for this year and next to address the pandemic and its economic impacts. The inter-agency Development Budget Coordination Committee (DBCC), a body that sets the macroeconomic targets of the country,...
The Duterte administration’s economic team has lowered its growth assumption for this year due to the emergence of new coronavirus variants and the reimposition of strict lockdowns in Metro Manila and nearby provinces. The inter-agency Development Budget Coordination Committee (DBCC) slightly...
