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Proposed budget for 2019 approved

Proposed budget for 2019 approved.....»»

Category: entertainmentSource: pep pepJul 10th, 2018

Duterte OK’s proposed 2019 national budget

PRESIDENT Rodrigo R. Duterte and his Cabinet approved in a July 9 meeting the proposed P3.757-trillion national budget for 2019 that is designed to help spur faster overall economic growth that will also lift more Filipinos out of poverty by the time he ends his six-year term in mid-2022......»»

Category: financeSource:  bworldonlineRelated NewsJul 10th, 2018

Duterte OKs P3.7-T budget for 2019

PRESIDENT Rodrigo Duterte has approved the proposed P3.757 trillion national budget for 2019. In a news conference in Cavite, Palace spokesman Harry Roque Jr. confirmed that Duterte gave his go-signal to submit the budget to Congress on Monday’s Cabinet meeting, which ended at 2 a.m. the next day. Roque said personnel services would get P1.185 [...] The post Duterte OKs P3.7-T budget for 2019 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 10th, 2018

Duterte OKs P3.8-T cash-based budget for 2019

Published: 10:59 a.m., July 10, 2018 | Updated: 12:47 a.m., July 11, 2018 The Department of Budget and Management (DBM) will submit the proposed P3.757-trillion cash-based national budget for 2019 to Congress on July 23 to coincide with President Duterte's third State of the Nation Address. The proposed budget is slightly lower than this year's record P3.767 trillion. Budget Secretary Benjamin Diokno told the Inquirer on Tuesday that the President approved the proposed budget during Monday's Cabinet meeting, which lasted well past midnight. At a press briefing in Indang, Cavite province, presidential spokesperson Harry Roque on Tuesday said P1.185 trillion (31.5 percent) ...Keep on reading: Duterte OKs P3.8-T cash-based budget for 2019.....»»

Category: newsSource:  inquirerRelated NewsJul 10th, 2018

Cabinet okays P3T 2019 national budget

PRESIDENT Rodrigo Duterte’s Cabinet has approved the P3.757 trillion budget for 2019, his spokesman said yesterday. Duterte’s economic managers had in the past submitted their proposed national budget on the day of his state of the nation address or SONA, which falls on July 23 this year. The president approved….....»»

Category: newsSource:  journalRelated NewsJul 10th, 2018

Duterte OKs proposed P3.757-T national budget for 2019

President Rodrigo Duterte and his Cabinet have approved the proposed P3.757-trillion cash-based national budget for next year......»»

Category: financeSource:  philstarRelated NewsJul 10th, 2018

Duterte approves P3.757-trillion national budget

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte and his Cabinet approved last Monday, July 9, the proposed P3.757-trillion national budget. “Kahapon po ay na-approve po ng Gabinete iyong ating budget for 2019 – at ang ating budget po ay 3.757 trillion (Yesterday, the Cabinet approved our budget for 2019, and our budget is… link: Duterte approves P3.757-trillion national budget.....»»

Category: newsSource:  manilainformerRelated NewsJul 10th, 2018

UPDATE: Duterte approves P3.757 trillion national budget for 2019

PRESIDENT Rodrigo Duterte has approved the proposed P3.757 trillion national budget for 2019, Malacañang said on Tuesday. Palace spokesman Harry Roque said Duterte approved the national budget during the 27th Cabinet meeting in Malacañang on Monday night. “Kahapon din po ay na-approve po ng Gabinete ‘yung ating budget for 2019. At ang ating budget po [...] The post UPDATE: Duterte approves P3.757 trillion national budget for 2019 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 10th, 2018

Proposed budget for 2019 approved

Proposed budget for 2019 approved.....»»

Category: entertainmentSource:  pepRelated NewsJul 10th, 2018

Dev’t council approves P8-B invest plan for 2019

BACOLOD City – The Provincial Development Council (PDC) of Negros Occidental approved Thursday a budget of more than PHP8 billion for its 2019 Annual Investment Plan (AIP). The AIP, which includes the list of the programs, projects, and activities proposed for implementation by the provincial government, was presented and passed during the PDC meeting presided […] The post Dev’t council approves P8-B invest plan for 2019 appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJun 7th, 2018

Education, infra get a third of proposed P3.757-T 2019 nat l budget

MANILA, Philippines – Education, infrastructure, and the interior government will get the most funds under the proposed 2019 national budget. The Department of Budget and Management on Friday, July 13, released the top agency allocations in the 2019 National Expenditure Program (NEP). The first cash-based budget of the government, the 2019 ........»»

Category: newsSource:  rapplerRelated NewsJul 13th, 2018

Malacañang proposes P3.757 trillion budget for 2019

Malacañang has endorsed to Congress the proposed P3.757-trillion national budget for next year......»»

Category: financeSource:  philstarRelated NewsJul 11th, 2018

Gov’t vows fiscal discipline as it widens programmed budget deficit for 2019

THE DEVELOPMENT Budget Coordination Committee (DBCC) on Monday reiterated the government’s commitment to fiscal discipline as it adjusted key economic assumptions for the proposed 2019 spending plan......»»

Category: newsSource:  bworldonlineRelated NewsJul 2nd, 2018

Show data to support BBL’s ‘awesome’ fiscal powers—Recto

Saying that the “law is in the details,” Senate President Pro Tempore Ralph Recto yesterday pressed the government to submit “the economic fine print” that will underpin the proposed Bangsamoro government’s fiscal autonomy.In a request coursed through Sen. Juan Miguel Zubiri, Recto sought “facts and figures that will bolster the financial feasibility” of the Bangsamoro self-ruled homeland.Recto said the submission of these will clarify ambiguities in the provisions in Bangsamoro Basic Law bill, and “hasten its passage in the Senate.””Like any bill, if you scratch the surface of a provision of the BBL, you will find the price tag underneath,” Recto said.Among the data Recto has requested are “national revenue collections in ARMM since its creation to the present, as well as budget utilization of ARMM, including relevant financial statements, from the time it was created.”Included in the request are “budget allocations and subsidies lodged in different national government agencies, earmarked and off-budget revenue sources.”“The purpose is to find out if past allocations to ARMM were at levels sufficient to meet the imperatives of growth, because if these are historically lacking, then we are properly informed not to commit the same mistakes with the future Bangasamoro government,” Recto said. In his letter to Zubiri, Recto also sought additional data on the formula used in computing and allocating the proposed Annual Block Grants, “funds which are to be automatically appropriated and released by the national government.” For 2019, the Block Grant is pegged at P72 billion. “What then is the revenue basis used in setting this amount?” Recto said.Recto likewise requested “elaboration” on the nature of the Special Development Fund, or SDF, which has been pegged at P100 billion for 20 years, P10 billion of which shall be given by the national government the year following the ratification of the BBL.“What is the basis for the SDF? What are examples of projects to be funded by this?” Recto said.He also asked for the “negative list of projects or programs” which cannot be funded by the block grant or by the SDF.Recto also requested for social and economic indicators at all levels of the present ARMM, and “programs that will result in better socio-economic numbers.”He said that BBL proponents in the executive branch should also submit a comparative matrix between Republic Act 6734 (ARMM Organic Act), Republic Act 9054 (Amended ARMM Organic Act), and the BBL.“A side-by-side tale of tapes, comparing past, current models, and the future one would help us create the best BBL which will encapsulate all our dreams and visions for a peaceful, progressive South,” Recto said.The senator reiterated his support “for a constitutionally-compliant, fiscally-responsible, grassroots-accepted organic law for the autonomous region.”Speaker: PDP to campaign vs poll bets against federalismSpeaker Pantaleon Alvarez yesterday said the ruling Partido Demokratiko Pilipino (PDP) will actively campaign against candidates for senator and other elective positions in the 2019 elections who are opposed to a federal system of government.Speaking before over 3,000 new members of the PDP at the Datu Lipus Makapandong Cultural Center, Alvarez urged the people in the province to support the advocacy of President Duterte and the PDP for a shift to a federal system of government, which he said would open up the development potential of the provinces and the regions.“I have one request, please don’t vote for candidates, particularly for senator, who are opposing federalism,” Alvarez told the new PDP members composed practically of the entire local officials of the province led by Agusan Del Sur Gov. Edward Adolph Plaza, 2nd District rep. Evelyn Mellana and 1st District Rep. Maria Valentina Plaza.With the mass oath-taking, the province of Agusan del Sur became the newest addition to the PDP country.In interview with the local media after the event, Alvarez explained his call against anti-federalism candidates.Alvarez said the ruling party was pushing for federalism to ensure inclusive development, particularly of the poor and neglected areas of the country.Alvarez said it was also time to elevate the political maturity of the nation by focusing the campaign on issues instead of the old practice of politics based solely on popularity or personality.He dared the senatorial hopefuls for the 2019 elections to make a clear stand on the issue of federalism.Alvarez said that if a candidate was opposed to federalism then he was clearly against the interest of provinces and regions.Accompanying Alvarez in the event were Davao City 1st District Rep. Karlo Nograles and Oriental Mindoro 2nd District Rep. Reynaldo Umali, whom the Speaker said would be included in the senatorial slate of the administration party for the 2019 senatorial contest.Earlier, Alvarez said that among the benefits of federalism was that the regions or states would retain the lion’s share of the taxes, instead of having to make do with the meager share the central government was currently sending back to the provinces.He said it was crucial to achieve a shift to a federal system of government within the term of President Duterte, who was the only presidential candidate in the 2016 elections who pushed for a federal system of government.Kimberly Otaza, 26, municipal councilor of Loreto, Agusan Del Sur, who was among the new PDP members, said she fully embraces the idea of federalism.Another new PDP member, 45-year old Duric Gavino, a barangay kagawad of Brgy. Poblacion, Prosperidad town of the province, also expressed support for a shift to a new form of government.Gavino added that he was thankful that President Duterte and the PDP are pushing for a shift to a federal form of government.“So, we thank the President. We support federalism.” he stressed.  .....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

UAAP: NU to make sweeeping changes in schedule for Season 81

UAAP Season 81 hosts National University has announced that there will be major changes in the upcoming season, in particular with the schedule of some sports.  According to Teodoro Ocampo, the incoming President of the Board of Trustees of the UAAP, the eight schools have decided to move some events, particularly Track and Field, Fencing, and Chess, and will see an earlier start, as they are scheduled to be moved to the first semester. Ocampo cited balance in the schedule of the league, which is divided in two semesters, with the first semester running from September to December, while the second semester runs from February to May.  While both semesters carry nine events, the board will look to move the shorter-length events like Track and Field and Fencing, which only lasts a few days. "May request ang other board members kung puwede i-move sa first semester," Teodoro said after the UAAP Season 80 closing ceremony at the FEU Auditorium in Manila.  As for Opening Day, NU's highest representative meanwhile said that the school is looking at a tentative September 8 date at the Mall of Asia Arena.  While FEU introduced 3x3 basketball and retained streetdance as exhibition events, the Bulldogs will be trying to bring back ballroom dancing, which was introduced in Season 79 by hosts University of Santo Tomas, but was temporarily scrapped by the Tamaraws.  In terms of the basketball tournament, the Bulldogs will introduce a rulebook, which was approved today by the Board, and its contents will be announced in the near future.  With the looming biennial SEA Games to be held in our country November 2019, and the Asian Games in Jakarta from late August to early September this year, Ocampo says the Board is yet to discuss possible conflict of schedules with the student-athletes.  Contrary to FEU announcing the theme "Go For Great" last year at the conclusion of Season 79 at UST's Plaza Mayor, the Bulldogs are still unsure of the theme, as they are still checking whether if their proposed theme will not be facing plagiarism issues like what FEU faced this season.  "Kasi mukhang ang Go For Great, some said it had been used na eh. But buti na lang they were able to justify it, yung FEU." When asked if the UAAP would follow suit with the NCAA on Tour introduced by NCAA Season 93 hosts San Sebastian last year, where schools would play in a home-and-away format in a school every Thursday, Ocampo answered on the negative, citing the Board's adamant stand on the topic, citing scheduling issues. "No, no, no. Not in the plans eh. It would be nice ano? Mukhang mahirap eh, because of their schedules in school. Mahirap eh." __     Follow this writer on Twitter, @philipptionary.       .....»»

Category: sportsSource:  abscbnRelated NewsMay 17th, 2018

Diokno wants Dengvaxia refund spread until 2019 budget

By Charmaine A. Tadalan BUDGET Secretary Benjamin E. Diokno moved to extend the proposed P1.16-billion supplemental appropriation for alleged Dengvaxia victims until December 2019. “I’m afraid that if you approve that provision, the whole amount may not be exhausted, and therefore, we may have to appropriate the residual in the 2019 budget,” Mr. Diokno said […] The post Diokno wants Dengvaxia refund spread until 2019 budget appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 16th, 2018

2 party-list solons push for teachers’ pay hike

TWO progressive party-list congressmen yesterday urged President Rodrigo Duterte to include the funds for substantial pay hike for public school teachers and all rank-and-file civilian government employees in his proposed 2019 national budget. Alliance of Concerned Teachers (ACT) Reps. Antonio Tinio and France Castro said President Duterte should concretize his….....»»

Category: newsSource:  journalRelated NewsMay 6th, 2018

Regional priority programs up for funding

Several priority programs in the regions, consisting of the development of healthcare facilities, irrigation systems, and connective infrastructure, will be proposed for funding under the 2019 national budget, the National Economic and Development Authority said......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2018

MinDA’s Alonto hopes for 24% budget for Mindanao, but …

DAVAO CITY (MindaNews / 6 Apr) – The proposed 2019 budget for Mindanao may increase to 24 percent from the average annual share of 11.45 percent over the past few years, Mindanao Development Authority (MinDA) chair Abul Khayr Alonto said. Budget Secretary Benjamin Diokno, however, said that while Mindanao would get a bigger budget, it […] The post MinDA’s Alonto hopes for 24% budget for Mindanao, but … appeared first on MindaNews......»»

Category: newsSource:  mindanewsRelated NewsApr 6th, 2018

DBM okays hiring of 75,242 teachers

The Department of Budget and Management (DBM) has approved the creation of 75,242 teaching positions for kindergarten, elementary, junior high school, and senior high school for schoolyear 2018-2019. The request was made by the Department of Education (DepEd) in order to address the inadequate number of teaching personnel in public schools nationwide. The funding requirements [...] The post DBM okays hiring of 75,242 teachers appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsApr 4th, 2018

House approves budget reform bill on final reading

The House of Representatives on Tuesday night approved on third and final reading the budget reform bill, which had been certified as urgent by President Rodrigo Duterte. Voting 158-8 with one abstention, the lawmakers approved "An Act to Reform the Budget Process by Enforcing Greater Accountability in Public Financial Management (PFM), Promoting Fiscal Sustainability, Strengthening Congress' Power of the Purse, Instituting an Integrated PFM System, and Increasing Budget Transparency and Participation" (House Bill No. 7302). The proposed measure seeks to strengthen the oversight power of Congress by monitoring and reviewing actual performance and results against targets and by hold...Keep on reading: House approves budget reform bill on final reading.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2018