The Department of Finance (DOF) slammed the proposed removal of fuel taxes, labeling it as an ill-advised and populist measure that would disproportionately burden the poor. Finance Secretary Benjamin E. Diokno cautioned against the politicians' popular yet detrimental plan to remove value-added...
The Senate subcommittee on finance has approved the proposed budget of the Department of Migrant Workers (DMW) for 2024. The DMW has proposed a P15.542-billion appropriation for next year. Of the amount, P11.9-billion would be allocated to the Overseas Workers Welfare Administration...
Senate Minority Leader Aquilino “Koko” Pimentel III warned against the possible abuse regarding the issuance of the Presidential Certification of Necessity and Urgency stating that under the Constitution there's a requirement for it. Senate PRIB photo Pimentel pointed this out during...
The Presidential Communications Office (PCO) denied on Monday, Sept. 18 that it has troll farms or troll armies in the agency. Secretary Cheloy Vlicaria Garafil briefs senators on the proposed 2024 budget of the Presidential Communications Office (PCO) and its attached agencies and...
The Department of Finance (DOF) reported that the Marcos administration's overseas roadshows have led to investment pledges exceeding P2 trillion. In a statement, the DOF said the government has secured a total of P2.2 trillion in investment commitments from various countries following the...
The Department of Finance (DOF) has assured that the Marcos administration will carefully balance the interests of consumers and farmers on the proposed reduction in rice import tariffs. Finance Secretary Benjamin E. Diokno said discussions are currently underway at the highest level within the...
Finance Secretary Benjamin E. Diokno brushed off the farmers' group's demand for President Marcos' two economic managers to resign, wishing them a delightful weekend instead. Diokno, who was accompanying the president in Singapore, chose not to directly respond to the call for his and...
Commission on Elections (Comelec) Chairman George Erwin Garcia said on Thursday, September 14, that it would be difficult for them to prepare for the 2025 National and Local Elections (NLE) after their budget was trimmed down by P17.4 billion. Senate Minority Leader Aquilino “Koko”...
Senators on Wednesday, Sept. 13 expressed dismay at the quality of employment that graduates from the Technical Education Skills Development Authority (TESDA) are getting after they found out that there are some who are landing below minimum-wage jobs. Senate Majority Leader Joel...
The Department of Finance (DOF) has reported that the government’s recent changes to its corporate tax system have attracted $16.7 billion in investments. At the Philippine Economic Briefing in Dubai, Finance Secretary Benjamin E. Diokno said these investments include 45 major projects and 740...
Senate President Juan Miguel Zubiri believes that the country should use the furor among other nations caused by the release of China's 10-dash line in its new standard map to its own advantage by gathering allies in asserting sovereignty over the West Philippine Sea (WPS). Zubiri made...
The Philippine Coast Guard (PCG) has asked the Senate for a supplemental budget in adherence to the directive of President Marcos to have a sustained and continued presence in the West Philippine Sea (WPS). PCG Commandant Adm. Artemio Abu disclosed that the agency requires a supplemental budget of...
