The Anti-Red Tape Authority (ARTA) said it would support the Department of the Interior and Local Government (DILG) in its efforts to help local government units (LGUs) streamline their processes. Anti-Red Tape Authority (ARTA) Director-General Ernesto Perez (ARTA Photo) ARTA Secretary Ernesto...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on Nov. 28, the bellwether 91-day Treasury bill rate dropped to 4.205 percent from 4.375 percent last week. This, however, is higher than the...
Civil Service Commission (CSC) Chairperson Karlo Nograles urged on Monday, Nov. 28, local chief executives to ensure undisrupted service delivery as the government undergoes devolution. (CSC / MANILA BULLETIN) In a statement, Nograles said that any feedback on government frontline services can be...
Answering the call of President Ferdinand “Bongbong” Marcos Jr. to rightsize the national government, a House panel on Monday, Nov. 28, approved the substitute bill for all 15 proposals that aim to improve public service delivery. (House of Representatives/MANILA BULLETIN) During its regular...
The Armed Forces of the Philippines (AFP) organized an educational tour where 373 youth leaders from all over the country visited young cadets at the Philippine Military Academy (PMA) in Fort del Pilar, Baguio City. Photo by Philippine Military Academy The four-day tour which ended Sunday, Nov. 27,...
The Department of Finance (DOF) remained confident that the national government’s debt ratio would decline during the Marcos administration despite its recent uptick in the third-quarter. Finance Secretary Benjamin E. Diokno said the government’s ability to pay its debts continues to improve...
Japan government donation turn over ceremony on Nov. 25, 2022 at the Lung Center of the Philippines. (Photo courtesy: DOH Official Facebook Page) The Philippines has received cold chain and medical equipment from the Japanese government to aid the country’s fight against the Covid-19 pandemic. A...
Local government units (LGUs) should optimize their increased budgets from the Mandanas-ruling in setting up plans on capital investments to address basic and growing needs of their constituents, the Cabinet official said. In a statement, Finance Secretary Benjamin Diokno said the full devolution...
Domestic borrowing program of the Marcos administration for December dropped due to fewer workweeks during holiday season. Based on the Treasury advisory on Thursday, Nov. 24, the December financing plan of the Bureau of the Treasury declined by 32 percent to P135 billion from P215 billion in the...
The Department of Finance (DOF) has vowed to resolve the complicated military and uniformed personnel (MUP) retirement and pension system that continues to take a heavy toll on the government’s yearly budget. Finance Secretary Benjamin E. Diokno said on Wednesday, Nov. 23, that the MUP pension...
Civil Service Commission (CSC) Chairperson Karlo Nograles urged civil servants to avail themselves of the financial education program to be offered soon by the agency. Civil Service Commission (CSC) Chairman Karlo Alexei Nograles (Senate PRIB Photo) Nograles made the statement during the Bangko...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on Nov. 21, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, dropped to 4.375 percent from 4.464 percent last week....
