The Department of Budget and Management (DBM) raised the allocated funding for the buffer stocking program of the National Food Authority (NFA) in a bid to ensure sufficient supply of the staple food in times of crisis. In a statement, Budget Secretary Amenah F. Pangandaman said on Tuesday, Oct....
The Senate finance sub-committee on Monday, Oct. 10, 2022, lamented the sorry state of the government’s broadcast stations that had been operating on a shoe-string budgets through the years. This as Senator Joseph Victor ‘’JV’’ Ejercito, committee chairman, vowed to help the Office of the...
As the public awaits the announcement as to who would the next press secretary be, Malacañang confirmed that Land Transportation Franchising and Regulatory Board (LTFRB) Chairperson Cheloy Velicaria-Garafil is now the officer-in-charge (OIC) of the Office of the Press Secretary (OPS). Office of...
Over 1.6 million health workers in public and private institutions would soon receive their One Covid-19 Allowance (OCA) following the approval by the Department of Budget and Management (DBM) on Wednesday, Oct. 5. Budget Secretary Amenah F. Pangandaman said the DBM approved the release of P11.5...
The country’s improving economic condition amid easing quarantine restrictions would enable the Social Security System (SSS) to generate higher earnings from investments, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said the pension fund for the private sector...
Eligible public and private health workers involved in pandemic health care response will soon get their unpaid special risk allowance (SRA), the Department of Budget and Management (DBM) announced. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved last Oct. 3 the release...
The Department of Finance (DOF) vowed to modernize the government’s main tax agencies following the swift approval of its proposed budget for next year. In a statement, Finance Secretary Benjamin E. Diokno said on Monday, Oct. 3, that the DOF is planning to spend P30.57 billion in 2023, higher by...
The Department of Finance (DOF) renewed an agreement allowing the Marcos administration to access South Korea’s official development assistance (ODA) under its Economic Development Cooperation Fund (EDCF) for the government’s infrastructure program. DOF said in a statement that Finance...
The Department of Finance (DOF) is optimistic that the improving investment climate in country will enable the government to reach its medium term goals. In a pre-recorded keynote during the Inside ASEAN: The Philippines forum organized by the Moody's Investors Service, Finance Secretary Benjamin...
Senate President Pro Tempore Loren Legarda on Friday, September 30 approved the proposed 2023 P20.304 billion budget of the Department of Foreign Affairs (DFA) in the amount of P20.304-billion. The approval followed a four-hour briefing, and a question and answer routine between senators and DFA...
The National Economic and Development Authority (NEDA) said the revised rules of the Build-Operate-Transfer (BOT) law would lure more public-private partnership (PPP) projects under the Marcos administration. In a statement, Socioeconomic Planning Secretary Arsenio M. Balisacan said the revised...
Department of Foreign Affairs (DFA) Secretary Enrique Manalo, the country's top diplomat, vowed to pursue the Philippine interest before the international community as his appointment as the department's chief got the Commission on Appointments' (CA) approval on Wednesday. In a Twitter post,...
