President Duterte’s economic mangers said the economy will return to pre-pandemic levels within the next two-years, reassuring Congress that the country has the capacity for a rapid expansion pace. (JANSEN ROMERO : MANILA BULLETIN) During the House Committee on Appropriations’ deliberations on...
The House of Representatives is eyeing Sept. 30 as the target date for the passage of the proposed P5.024 trillion national budget for 2022. Speaker Lord Allan Velasco Speaker Lord Allan Velasco on Thursday, Aug. 26 said the Lower House should work swiftly and smoothly to pursue this goal in order...
Vice President Leni Robredo is proposing to include the ayuda or cash aid and the conditional cash grant to micro, small, and medium enterprises (MSMEs) in the 2022 national budget to curb the impact of the COVID-19 pandemic on Filipinos and small businesses. Vice President Leni Robredo speaks at...
Senator Nancy BInay on Tuesday criticized the Duterte government’s plan to increase the budget by P11-billion of its anti-insurgency task force while slashing the Research Institute for Tropical Medicine’s (RITM) budget by P170-million under the proposed P5.0240-trillion budget for 2022. Binay...
Opposition Senator Risa Hontiveros on Tuesday, August 24 slammed the government’s move to seek P4.5-billion worth of confidential and intelligence funds for President Duterte under the proposed P5.024-trillion budget for 2022. At a time of a COVID-19 pandemic, Hontiveros said such funds could be...
The national government plans to spend more than P1 trillion to settle some of its liabilities next year, but at the same time borrow over P2 trillion, data from the Department of Budget and Management (DBM) revealed. Under the proposed budget plan for 2022 submitted to Congress, the national...
The proposed budget increase for the government’s anti-communist task force, previously criticized for engaging in red-tagging and harassment of government critics, will be used for poverty alleviation and development projects, Presidential spokesman Harry Roque said on Tuesday, August 24....
Presidential spokesman Harry Roque on Tuesday, August 24, reminded the public that the government has not approved booster shots of the COVID-19 vaccine because a majority of Filipinos haven’t had their first doses yet. Presidential spokesperson Harry Roque (OPS / FILE PHOTO / MANILA BULLETIN)...
Vice President Leni Robredo has requested from Congress a P703-million budget for her office in 2022, which is significantly lower than the P900-million allocation this year. Vice President Leni Robredo (Jansen Romero/Manila Bulletin) Of this figure, P558.8 million will go to maintenance and other...
The Department of Budget and Management (DBM) said the government will continue to invest heavily in infrastructure projects next year, but at the same time provide essential funding support to foster socioeconomic recovery. In a statement, the DBM said Monday, August 23, that the national...
Malacañang has submitted to Congress a proposed national budget of P5.04 trillion for the fiscal year (FY) 2022, the biggest budget that the executive branch has ever asked for. (MANILA BULLETIN FILE PHOTO) In his press briefing on Monday, August 23, Presidential Spokesman Harry Roque bared that...
The executive department's proposal for a P240-billion budget for coronavirus response next year might have to go through the needle hole as senators doubt its ability to fully spend it. Senator Juan Edgardo 'Sonny' Angara (Henzberg Austria/Senate PRIB) Senator Juan Edgardo "Sonny" Angara, chairman...
