Former Senator Joseph Victor “JV” Ejercito on Sunday said the government should consider utilizing the unused budget of underspending government agencies to fund the country’s healthcare programs. In a press briefing in Sorsogon, Ejercito said the national government should consider this move...
President Duterte said that his intelligence funds had been depleted due to the Covid-19 pandemic saying government troops had to use what they had because of the situation. President Duterte (RTVM Screenshot) Duterte made the statement during the groundbreaking ceremony of the Overseas Filipino...
Former Senator Antonio Trillanes IV agreed with Vice President Leni Robredo to enforce a “full disclosure policy” in government if she wins the presidency because this will save billions of pesos in public funds. Senator Antonio Trillanes IV and Vice President Leni Robredo (VPLR Media Bureau)...
Bayan Muna Party-list solons under the militant Makabayan bloc wants a House probe into the unused P4.99-billion loans for micro, small, and medium enterprises (MSMEs) that was provided by the "Bayanihan 2" Law. Bayan Muna Party-list Rep. Zarate (Photo from Bayan Muna) On March 2, The Commission on...
Commission on Higher Education (CHED) Chairman Prospero De Vera III clarified that only merit scholarships or those that are based on the grades of students were affected by the lack of funds. (MARK BALMORES / FILE PHOTO / MANILA BULLETIN) “Ang hindi lang po napondohan o kulang ang pondo ng...
Presidential candidate Ferdinand "Bongbong" Marcos Jr. said he has no idea about the running cost of his campaign activities, which he claimed was being funded by his friends. Presidential aspirant Ferdinand "Bongbong" Marcos Jr. (NOEL PABALATE / MANILA BULLETIN) In SMNI’s presidential debate on...
Senator Kiko Pangilinan on Friday, Feb. 11 called on the Department of Agriculture (DA) to ramp up the launch of its planned activities in a bid to generate more jobs for the people. Citing the P5-trillion national budget, Pangilinan said the people should "feel" the fund allocated for national...
Presidential aspirant and Manila Mayor Francisco “Isko Moreno” Domagoso said he has not spent the P50 million in excess campaign funds stemming from his failed 2016 senatorial bid. “Naitabi naman natin ng maayos, masinop naman ako sa buhay... mansion, naku wala (I kept the money and has not...
contact-us-1 The Development Bank of the Philippines (DBP) has extended P2.1-billion loans to two hydro-energy projects that will augment power supply for the Luzon and Visayas Grids. DBP President and Chief Executive Officer Emmanuel G. Herbosa said the loan under the Financing Utilities for...
As the government intensified its disaster relief operations in areas affected by typhoon Odette, the Department of Social Welfare and Development (DSWD) has reported that it has available stockpiles and standby funds amounting to more than P891 million. (DSWD Caraga Facebook page) Based on the...
Cagayan de Oro 2nd District Rep. Rufus Rodriguez has called on the national government to immediately disburse more funds to help the victims of Typhoon Odette. Rodriguez particularly asked the Department of Budget and Management (DBM) to release the 2022 national budget "as early as this coming...
GInvest, the investment marketplace feature of the GCash App, has helped the mobile wallet capture 70 percent of the home market for total Unit Investment Trust Fund (UITF) accounts in just six months. UITFs - open-ended pooled trust funds invested collectively in Bangko Sentral ng...
