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LGUs tapped for faster distribution of seniors’ cash aid
LGUs tapped for faster distribution of seniors’ cash aid.....»»
CLI allots higher capex, partners with Japan firm
Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»
SRA allots P66-M fund for El Niño mitigation measures
SRA allots P66-M fund for El Niño mitigation measures.....»»
DigiPlus allots P100 million for corporate outreach
Listed retail gaming provider DigiPlus Interactive Corp. is raising five-fold its planned spending on various projects and initiatives that provide support to important causes through the BingoPlus Foundation......»»
DOH allots P55 million for cervical, breast cancer screening
The Department of Health has allocated P55 million to meet its target of screening three million women for cervical and breast cancer this year......»»
Ayala Land allots P13 billion to redevelop 4 major malls
Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»
DSWD allots Php537M emergency cash aid to shear line, quake-hit families in Samar, Mindanao
Three Field Offices of the Department of Social Welfare and Development (DSWD) started on January 18 the simultaneous payout of cash assistance, through the Emergency Cash Transfer (ECT) program, for the families affected by a triad of disasters that occurred in the last quarter of 2023 to help them recover and resume their normal lives. […].....»»
Converge allots P5 billion for data centers
Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»
Negros Occidental allots P2-M for energy development initiatives
Negros Occidental allots P2-M for energy development initiatives.....»»
NLEX allots P15 billion for 2024 capex
The North Luzon Expressway Corp. is raising its 2024 capital expenditures to P15 billion to embark on new projects and complete ongoing efforts......»»
Barmm allots P30-M to build town hall in Mapun
Barmm allots P30-M to build town hall in Mapun.....»»
MPT South allots P12 billion for projects over next 2 years
MPT South Management Corp., a subsidiary of Metro Pacific Tollways Corp. is ready to invest almost P12 billion over the next two years to finish projects that will expand its road network to 63.7 kilometers by 2025......»»
DA allots P161.6-M aid to 32K rice farmers in Negros Oriental
DA allots P161.6-M aid to 32K rice farmers in Negros Oriental.....»»
Zamora allots P33.9 million for San Juan children
San Juan City Mayor Francis Zamora, in his State of the Children Address yesterday, reported that the local government allotted over P33.9 million or 12.42 percent of the city’s annual budget to fund programs and services for the children......»»
BARMM’s proposed 2024 budget allots P30.2-B for education
Almost 30% of the proposed P98.46 billion budget of the Bangsamoro regional government is earmarked for education programs in its six provinces where illiteracy is so prevalent owing to decades of secessionist conflicts......»»
Boracay Water allots P108 million for free sewer connections
Boracay Island Water Co. has allotted P108 million to level up sanitation and sustainability in the premier island destination......»»
SUC group laments P4-B budget cut
Two members of the House of Representatives yesterday joined the Philippine Association of State Universities and Colleges in calling for an increase in the P21.69-billion budget it was allotted after the Department of Budget and Management recommended a cut in its original request. PASUC originally asked for a P25.8-billion budget but this was slashed by the DBM by over P4 billion in the P5.768-trillion National Expenditure Program it submitted to Congress for fiscal year 2024. Representatives Raoul Manuel and Mark Go joined PASUC officials in calling for an increase in the budget for state universities and colleges during the hearing on the group’s budget at the House. PASUC president Dr. Tirso Ronquillo told lawmakers the DBM trimmed their projected budget to P21.69 billion even as they expect to enroll 1,803,359 student-beneficiaries under the government’s free higher education program. “Our projection is based on our projected enrollment and the current tuition at each SUC. We factored in an increase in enrollment [as a] rule of thumb,” Ronquillo said. Manuel noted that as the government allots a big chunk of the national budget for infrastructure projects, the funding for state universities and colleges always takes a back seat. “They were not as blessed compared to other agencies,” he said. He said that while the government needs to fund infrastructure projects for their “long-term multiplier effects,” it should not be at the expense of education which has enduring benefits for future generations. Stand on own feet Manuel urged PASUC to provide greater assistance to students to alleviate the financial strain on them arising from supplementary expenses, including campus services, dorm fees and food. While universities can devise policies and guidelines to prioritize those students who could be accommodated in their dormitories, Ronquilo said that students must also learn to stand on their own feet. “While it’s really good to support the education of our students, I think we also have to teach our students social responsibility,” Manuel emphasized. Go, however, asked PASUC not to see the P4.16-billion deficit as a budget cut, but rather as an alternative means to align with the government’s allotted expenditure for the provisions of free education to students. “I would like to suggest to all SUCs to look at your income and see how you can fill the gap if there is any after the budget is approved,” Go said. The post SUC group laments P4-B budget cut appeared first on Daily Tribune......»»
DBM allots P822.2B for DPWH
The Department of Budget and Management has allotted P822.2 billion to the Department of Public Works and Highways for the proposed 2024 National Expenditure Program to build more public facilities, including roads and bridges, under the Marcos Administration’s “Build, Better, More, Program.” In a statement on Monday, Budget Secretary Amenah Pangandaman underscored the need for the country to bounce back after its economic losses during the pandemic. “As highlighted by the President during his second State of the Nation Address, infrastructure development is one of the key drivers of our continuing economic growth,” Pangandaman said. “As such, we will sustain this momentum through the “Build, Better, More, Program.” This will prioritize physical connectivity infrastructure such as road networks and railway systems,” she added. Flood Management, one of DPWH’s significant programs, gets the largest budget at P215.643 billion for 965 projects to construct or rehabilitate flood mitigation facilities in major river basins and principal rivers. Convergence and Special Support Program followed next with P174.089 billion proposed budget. For Network Development, P148.112 billion will be spent to construct 721.656 kilometers of new roads and widen or improve 647.288 kilometers of existing roads. For Asset Preservation, a budget of P115.588 billion is allotted to implement the preventive maintenance of 1,196.398 kilometers of roads and upgrade of 798.711 kilometers of damaged paved roads. The Bridge Program’s P45.839 billion allocation is for the construction of 15,208.83 lineal meters of bridges and maintenance, retrofitting, repair, and rehabilitation, as well as the widening of 525 existing bridges. A separate budget of P13.968 billion is allocated to the Tourism Road Infrastructure Program which will provide access roads leading to declared tourism destinations. Moreover, an allocation of P10.020 billion will be for the Roads Leveraging Linkages for Industry and Trade Infrastructure Program; Tatag ng Imprastraktura para sa Kapayapaan at Seguridad Program for military and police facilities, P3.8 billion; Special Road Fund for the construction, upgrading, repair, and rehabilitation of roads, bridges, and road drainage, P15.232 billion. The post DBM allots P822.2B for DPWH appeared first on Daily Tribune......»»
DBM allots P822B to infrastructure development
The Department of Budget and Management has allotted P822.2 billion to the Department of Public Works and Highways for the proposed 2024 National Expenditure Program to build more public facilities, including roads and bridges, under the Marcos Administration's Build Better More Program. In a statement on Monday, Budget Secretary Amenah Pangandaman underscored the need for the country to bounce back after its economic losses during the pandemic. “As highlighted by the President during his second State of the Nation Address (SONA), infrastructure development is one of the key drivers of our continuing economic growth," Pangandaman said. "As such, we will sustain this momentum through the Build Better More Program. This will prioritize physical connectivity infrastructure such as road networks and railway systems,” she added. Flood Management, one of DPWH's significant programs, gets the largest budget at P215.643 billion for 965 projects to construct or rehabilitate flood mitigation facilities in major river basins and principal rivers. Convergence and Special Support Program followed next with P174.089 billion proposed budget. For Network Development, P148.112 billion will be spent to construct 721.656 kilometers of new roads and widen or improve 647.288 kilometers of existing roads. For Asset Preservation, a budget of P115.588 billion is allotted to implement the preventive maintenance of 1,196.398 kilometers of roads and upgrade of 798.711 kilometers of damaged paved roads. The Bridge Program’s P45.839 billion allocation is for the construction of 15,208.83 lineal meters of bridges and maintenance, retrofitting, repair, and rehabilitation, as well as the widening of 525 existing bridges. A separate budget of P13.968 billion is allocated to the Tourism Road Infrastructure Program which will provide access roads leading to declared tourism destinations. Moreover, an allocation of P10.020 billion will be for the Roads Leveraging Linkages for Industry and Trade Infrastructure Program; Tatag ng Imprastraktura para sa Kapayapaan at Seguridad (TIKAS) Program for military and police facilities, P3.8 billion; Special Road Fund for the construction, upgrading, repair, and rehabilitation of roads, bridges, and road drainage, P15.232 billion. The post DBM allots P822B to infrastructure development appeared first on Daily Tribune......»»
DBM allots P12.9B for various job creation programs
The Department of Budget and Management has earmarked P12.919 billion for the Department of Labor and Employment's (DOLE) initiative, 'Tulong Panghanapbuhay sa Ating Disadvantaged Workers' (TUPAD) program in the 2024 National Expenditure Program (NEP) to bolster job creation for Filipinos. In a statement on Thursday, DBM said the Livelihood and Emergency Employment Program of DOLE will receive P16.4 billion, from which the Tulong Panghanapbuhay sa Ating Disadvantaged Workers (TUPAD) Program will receive P12.92 billion. The TUPAD program, a community-based assistance package providing emergency employment, is expected to benefit over 1.358 million displaced, underemployed, and seasonal workers. "We are strengthening social protection measures to ensure that no one will be left behind, especially the marginalized and vulnerable sectors," Department of Budget and Management Secretary Amenah F. Pangandaman said. TUPAD provides occupation to Filipinos for a minimum period of 10 days to a maximum of 90 days, depending on the nature of the work to be performed. All disadvantaged workers aged 18 and older are qualified as TUPAD program beneficiaries. Senior citizens are also eligible for the program, provided that they are fit to work and would not engage in hazardous work. Meanwhile, only one member per family shall be eligible for the assistance. In no instance shall the beneficiaries be availed of more than once in a calendar year, except in cases of natural or human-induced disaster or calamity. Furthermore, DOLE’s Government Internship Program (GIP), which aims to provide opportunities to 13,554 youth beneficiaries, was allocated P807.716 million in the proposed 2024 NEP. On the other hand, the DOLE Integrated Livelihood Program (DILP), which will benefit 63,959 marginalized workers, was allotted P2.3 billion, while P407 million was earmarked for the Adjustment Measures Program. The post DBM allots P12.9B for various job creation programs appeared first on Daily Tribune......»»