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Parañaque approves P12.4 billion budget for 2024
The city council of Parañaque has approved a P12.4-billion budget for next year, Mayor Eric Olivarez announced on Wednesday......»»
SP approves P5.4B provincial annual budget
SP approves P5.4B provincial annual budget.....»»
Senate approves P5.77-trillion national budget for 2024
The 2024 General Appropriations Bill (GAB) — or House Bill 8980 — received 21 affirmative votes and no negative votes, while one senator abstained......»»
Senate approves P5.7 trillion national budget for 2024
The Senate yesterday approved on third and final reading the P5.768-trillion proposed national budget for 2024, which is seen to strengthen local food production through modernization, mechanization and improved logistics as well as defend sovereignty and protect Filipinos against any threat or violence......»»
DBM approves release of P705M for bike safety program
Department of Budget and Management Secretary Amenah F. Pangandaman has signed the issuance of the Special Allotment Release Order amounting to P705 million to the Department of Transportation, to cover the implementation of the Active Transport Bike Share System and Safe Pathways Program in Metropolitan Areas. According to the Budget Secretary, the program aims to embed sustainable and active mobility in the country’s overall transportation system. “Achieving an improved transportation system toward a better quality of life for all Filipinos calls for a multisectoral approach. President Bongbong Marcos was very particular when he directed us to provide the necessary budgetary support to the transport sector, as we see this as one aspect of the solution,” Pangandaman said. “We are one with bikers and active transport advocates in providing cyclists a comfortable and safe space on our streets,” she added. The appropriated amount for the program will be used to construct protected bike lanes, procure bike racks, improve end-of-trip cycling infrastructure, construct safe and accessible pedestrian pathways and sidewalks, and upgrade existing pop-up bike lanes into permanent bike lanes. Aside from increasing the accessibility of key activity areas and fundamental facilities through supporting the development of active transport, the program will also prioritize providing a sustainable transportation option that is cohesive, direct, safe, comfortable and attractive to the public. The program is expected to reduce carbon emissions in metropolitan areas as well as significantly improve overall public health and safety through upgraded bike and pedestrian facilities. To further promote indirect economic and environmental benefits such as better quality of life, transportation cost savings, time savings and improved air quality, the program will also focus on reducing road congestion as motor vehicle users shift to more efficient modes of transport. The post DBM approves release of P705M for bike safety program appeared first on Daily Tribune......»»
Senate panel approves OVP’s proposed P2.3B budget for 2024
The Senate Committee on Finance on Monday approved the proposed P2.385 billion budget of the Office of the Vice President, including the proposed P500 million budget for its confidential and intelligence funds. Vice President Sara Duterte, who leads the OVP, physically attended the deliberation on the proposed budget for her office. The deliberation lasted for about an hour and a half, which is longer compared to the 20-minute approval made by the House Committee on Appropriations for the OVP's budget proposal for the upcoming fiscal year. Citing parliamentary courtesy, Senator Ramon “Bong” Revilla Jr. made a motion to terminate the budget discussion for the OVP’s proposed budget. “Traditionally, with due respect and courtesy to the second highest official of the country. When [it comes to] the budget of OVP, deliberations are terminated after a few pleasantries,” Revilla said. “In view of tradition, I hereby express my support to the OVP and move for the approval of its budget for 2024,” he added. Senators Jinggoy Estrada and Ronald “Bato” Dela Rosa, seconded Revilla’s motion. The post Senate panel approves OVP’s proposed P2.3B budget for 2024 appeared first on Daily Tribune......»»
Lapu Council approves Ahong’s SB worth P252M
LAPU-LAPU CITY, Philippines — The Lapu-Lapu City Council approved on Wednesday, August 3, 2022, Supplemental Budget No. 1 worth P252 million during its regular session. Councilor Annabeth Cuizon, the chairman of the Committee on Finance, told CDN Digital that SB no. 1 was proposed by Lapu-Lapu City Mayor Junard “Ahong” Chan. She said that part […] The post Lapu Council approves Ahong’s SB worth P252M appeared first on Cebu Daily News......»»
PB approves resolution asking IATF allocation for ROFs quarantine expenses
CEBU CITY, Philippines – The Cebu Provincial Board approved on Monday, July 5, 2021, a resolution requesting the National Inter-Agency Task Force for the Management of Infectious Diseases (IATF-MEID) to consider the timely allocation of budget for the payment of hotel quarantine facilities and other necessary expenses of returning overseas Filipinos (ROFs). The resolution authored […] The post PB approves resolution asking IATF allocation for ROFs quarantine expenses appeared first on Cebu Daily News......»»
Duterte approves P1,000-worth of ‘ayuda’ each for 22.9M people in ECQ areas
President Rodrigo Duterte on Monday approved the proposal to grant P23-billion worth of aid to about 22.9 million individuals in areas affected by the weeklong enhanced community quarantine (ECQ). Budget Secretary Wendel Avisado said 11.2 million people from Metro Manila, three million from Bulacan, 3.4 million from Cavite, 2.7 million from Laguna, and 2.6 million […] The post Duterte approves P1,000-worth of ‘ayuda’ each for 22.9M people in ECQ areas appeared first on Daily Tribune......»»
Cebu City Council approves start of negotiations for pre-paying of SRP loan
CEBU CITY, Philippines — The Cebu City government is close to reaching its goal of becoming debtless as the Council mulls the payment of the remaining balance of the 1995 loan for the South Road Properties (SRP). Councilor Raymond Alvin Garcia, the chairperson of the committee on budget and finance, has filed a resolution in […] The post Cebu City Council approves start of negotiations for pre-paying of SRP loan appeared first on Cebu Daily News......»»
Cebu City Council approves P10B budget for 2021
CEBU CITY, Philippines — The Cebu City Council put its foot down on the city’s budget for 2021 on Wednesday, December 23, 2020, approving only P10 billion instead of the P10.8 billion proposed by Mayor Edgardo Labella. The approved budget is P400 million lower than the 2020 annual budget, which was at P10.4 billion. Read: […] The post Cebu City Council approves P10B budget for 2021 appeared first on Cebu Daily News......»»
Senate approves P86 billion DA budget
The Senate has approved the proposed P85.58 billion budget of the Department of Agriculture for 2021 as the sector is seen as key to the recovery of the country’s economy......»»
Senate approves proposed budgets of OP, PMS
Sen. Bong Go, vice chair of the committee on finance, expressed his full support for the 2021 budgets of the Office of the President and its technical assistance arm, the Presidential Management Staff, during a budget hearing that he presided over last Monday......»»
Cebu City Council approves P1.9 billion supplemental budget
CEBU CITY, Philippines — The Cebu City Council has approved the Supplemental Budget Number 3 that contains the allocation for aid to affected residents during the Enhanced Community Quarantine (ECQ) after almost a month-long discussion. After a six-hour regular session on Wednesday, June 17, 2020, the council, though, decided to decrease the supplemental budget from […] The post Cebu City Council approves P1.9 billion supplemental budget appeared first on Cebu Daily News......»»
House leaves Quiboloy’s fate to Senate
The House of Representatives will no longer pursue and implement the warrant of arrest it issued against pastor Apollo Quiboloy after it approved on final reading the bill revoking the franchise of the evangelist’s alleged TV network......»»
NBI nabs 8 bogus DBM officials
Eight people allegedly posing as officials of the Department of Budget and Management were apprehended by the National Bureau of Investigation in Mandaluyong on Tuesday......»»
P1.1 billion released to restore heritage school buildings
The Department of Budget and Management has released P1.1 billion to conserve and restore heritage school buildings in the country......»»
Low subsidy forces LRTA to cut budget for train rehab
The Light Rail Transit Authority is cutting its budget for the restoration of trains to make the most of the lower subsidy given to the agency this year......»»
DBM releases P1.3 billion to light up public schools
The Department of Budget and Management has released nearly P1.3 billion for the electrification of public schools nationwide......»»
Senate concurrence needed to revoke SMNI franchise’
The revocation of the legislative franchise of Sonshine Media Network Inc. by the House of Representatives would have to be approved by the Senate first before it can take effect – in accordance with the usual legislative route, lawmakers said yesterday......»»