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Learn effective utilization of government funds

Inefficient utilization of funds has been a continuous problem in the public sector, causing delays or non-implementation of government programs, projects, and activities, among others. Such issues defeat the purpose of budgeted and allocated funds that should benefit the general public......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Maharlika ready to make first investment in 90-120 days

Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

FACT CHECK: P20K automatic monthly pension for senior citizens false

A YouTube channel, Tita Kitkat TV claims that the government will now provide an automatic P20,000 monthly social pension for all senior citizens......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

DBM releases P49.8 billion social pension for indigent seniors

The Department of Budget and Management has released nearly P50 billion in social pension for more than four million senior citizens in the country......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Recto backs MUP pension for new entrants only

Finance Secretary Ralph Recto is pushing for changes in the pension scheme of military and uniformed personnel (MUP), but only for new entrants, in yet another deviation from his predecessor......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Indigent seniors’ monthly social pension now P1,000

The long wait is over for indigent senior citizens as they can receive a monthly social pension of P1,000 starting February, the Department of Social Welfare and Development said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Rama wants state of calamity declared in Cebu City due to El Niño 

CEBU CITY, Philippines – Mayor Michael Rama wants to place Cebu City under a state of calamity or a state of emergency due to the effects of the El Niño phenomenon. The declaration will allow City Hall to use government funds to assist those who are badly affected by the worsening El Niño, especially the.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

SSS pushed P300 million into REITs in Q4

Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Solo parent subsidy depends on availability of LGU funds

A REPRESENTATIVE from the Department of Social Welfare and Development-Davao Region (DSWD-Davao) said the P1,000 monthly cash subsidy for solo parents will depend on the availability of funds of the local government unit (LGU) where they reside......»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Government releases P3.4 billion calamity funds in Q1

The government released a total of P3.4 billion in calamity funds in the first quarter of the year as it financed various disaster relief operations......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Group demands accounting of Cebu City COVID-19 funds

CEBU CITY, Philippines—A coalition is demanding transparency and accountability for the budget allocated for the coronavirus disease (COVID-19) pandemic response here.  The Freedom Debt Coalition composed of various cause-oriented groups in the city said there is a need to show the public a transparent liquidation of the P3.5 billion funds for the pandemic response since […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

‘DOH has P40 billion excess funds that can fund senior health care’

As the House of Representatives tries to find ways to improve the measly allocation for the health care of senior citizens, it turns out that the Department of Health has “excess funds” to support such a program......»»

Category: entertainmentSource:  abscbnRelated NewsApr 6th, 2024

DBM: P1.95 billion calamity funds released in February

Up to P1.95 billion in calamity funds was released last month to finance various disaster relief operations......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects

President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Capitol prepares funds for farmers affected by dry spell

Capitol prepares funds for farmers affected by dry spell.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

More Funds Needed For Cebu Brt Project

More Funds Needed For Cebu Brt Project.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

‘Practically begging:’ District rep rues meager DepEd funds for new classrooms

Days after the Department of Education cited progress in solving classroom shortages, a House representative vented his fury at being given just enough funds in his poverty-stricken district to build 13 new classrooms out of a backlog of over 700......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

K-pop fandoms join hands to raise funds for Girls Can campaign

Globe, through its KmmunityPH online K-culture community, recently partnered up with several K-pop girl group fandoms to raise funds for World Vision’s "Girls Can" campaign......»»

Category: entertainmentSource:  philstarRelated NewsJan 12th, 2024

EAM Jaishankar speaks to US State Secy Blinken, two leaders share concern over growing tensions in Red Sea

Washington, DC [US], January 12 (ANI): External Affairs Minister S Jaishankar on Thursday spoke with US Secretary of State Anthony Blinken, State Department spokesperson Matthew Miller informed on Thursday, adding that the two leaders discussed the recent attacks on merchant ships by the Yemen-backed Houthi groups in the Red Sea. The two leaders also reaffirmed their maritime cooperation in the region, the State Departmen.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

EAM Jaishankar speaks to US State Secy Blinken, two leaders share concern over growing tensions in Red Sea

Washington, DC [US], January 12 (ANI): External Affairs Minister S Jaishankar on Thursday spoke with US Secretary of State Anthony Blinken, State Department spokesperson Matthew Miller informed on Thursday, adding that the two leaders discussed the recent attacks on merchant ships by the Yemen-backed Houthi groups in the Red Sea. The two leaders also reaffirmed their maritime cooperation in the region, the State Departmen.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024