The Armed Forces of the Philippines (AFP) confirmed Tuesday, Oct. 7, that Colonel Raymund Dante P. Lachica was removed from his post as commander of the AFP Security and Protection Group (ASPG) amid his reported link to the ongoing Office of the Vice President (OVP) confidential fund controversy....
President Marcos has appealed to government agencies and local government units (LGUs) to be the solution Filipinos need, and not be the source of added burden. "Magsilbi tayong solusyon, hindi dagdag na pampahirap (Let us serve as a solution, not an added burden)," Marcos said in his speech in one...
To expedite the recovery of victims of recent calamities that have struck the country, the Department of Budget and Management (DBM) has released a total of ₱1.6 billion for the calamity funds of national government agencies. This amount has been used to replenish the quick response funds (QRFs)...
President Marcos said he would be asking the Congress to allocate additional funds intended to replenish the government’s quick response fund in the wake of calamities hitting the country. Marcos made the statement during a situation briefing held in Bogo City in the aftermath of the...
Pag-IBIG Fund, the Department of Human Settlements and Urban Development (DHSUD), and the Department of Social Welfare and Development (DSWD) turned over new housing units on Monday, 29 September, to graduating qualified beneficiaries of the government’s Pantawid Pamilyang Pilipino Program (4Ps)...
Citing weaker-than-expected economic growth in the first semester of 2025, the International Monetary Fund (IMF) has lowered its 2025 and 2026 gross domestic product (GDP) forecasts, with next year’s outlook seen to fall short of the downscaled growth goal. IMF Mission Chief Elif Arbatli...
After the devastating earthquake in Cebu, Department of Budget and Management (DBM) Secretary Amenah Pangandaman urged national agencies to immediately activate their quick response funds (QRF), with the source fund now standing at ₱8 billion. This follows President Ferdinand Marcos Jr.’s order...
The Department of Education (DepEd) on Tuesday, September 30, said it has urged Congress to prioritize amendments to key education laws, including the School-Based Feeding Program and the Government Assistance to Students and Teachers in Private Education (GASTPE), during the first...
Malacañang said the Department of Budget and Management (DBM) is currently working with the Congress and the Executive Branch to ensure that the P60-billion unutilized funds will be restored for the Philippine Health Insurance Corp. (PhilHealth). The DBM confirmed this in a statement issued by...
The Philippines called on developed countries not only to lead, but to provide “substantial capitalization” for the Loss and Damage Fund, which is mandated to assist developing countries in responding to economic and non-economic loss and damage associated with the effects of climate change. In...
Pag-IBIG Fund is set to offer a special 4.5 percent housing loan rate to qualified members seeking to purchase house-and-lot packages worth up to P1.8 million, as part of the Marcos Administration’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program. The promotional rate is expected to...
Over 25,000 Filipino workers have signed up to express interest in purchasing socialized housing units through the Pag-IBIG Housing Loan under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, just three months after Pag-IBIG Fund rolled out its 4PH Online Registration system in June...