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Cebu City Council slashes Rama’s proposed P100B budget to P25B
CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»
House panel OKs P89 billion for seniors’ universal social pension
A universal social pension measure has gained a foothold after a House of Representatives committee yesterday approved the budget allocation for the benefit......»»
‘No water supply interruption for Metro Manila’
Metro Manila and nearby provinces would not experience water interruptions after the National Water Resources Board maintained the 50 cubic meters per second allocation from Angat Dam, an official of the Metropolitan Waterworks and Sewerage System said yesterday......»»
DA proposes over P500 billion budget for 2025
The Department of Agriculture (DA) is proposing a P513.81 billion budget next year, more than double its current allocation of P208.58 billion to improve the country’s food security......»»
Biden proposes $128-M budget for EDCA projects — Pentagon chief
US Defense Secretary Lloyd Austin announced that President Joe Biden is proposing a $128 million congressional allocation to fund projects at Enhanced Defense Cooperation Agreement sites in the Philippines, according to the Presidential Communications Office......»»
‘No water interruption until April 30’
The Department of Environment and Natural Resources has assured Metro Manila residents of uninterrupted water supply until April 30 after the plan to decrease the water allocation starting April 16 was shelved as the water level in Angat Dam remained above 195 meters yesterday......»»
DBM releases P900 million crop insurance funding
To cover the crop insurance premium of subsistence farmers and fisherfolk in the country, the Department of Budget and Management has released P4.5 billion and its corresponding Notice of Cash Allocation for the 1st Quarter of the year in the amount of P900 million to the Philippine Crop Insurance Corp......»»
‘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......»»
Government jacks up infrastructure spending to P1.2 trillion in 2023
The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»
Fishers lose Laguna lake share to private developers
The share of small fisherfolk in the 9,200-hectare Laguna de Bay has been lowered to 53 percent after the Laguna Lake Development Authority increased private operators’ allocation to 47 percent......»»
NWRB cuts water supply for Metro next month
The National Water Resources Board will slash the water allocation for Metro Manila to 48 cubic meters per second from 50 cms starting mid-April to conserve water supply that has been impacted by the ongoing El Niño......»»
Philippines gets 25,000 MT US sugar allocation
Washington has given Manila the green light to export 25,300 metric tons raw value of raw sugar to the US at lower tariff rates, the US Trade Representative announced recently......»»
Villar pushes extension, higher budget for RCEF
Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»
Institutionalize space allocation for ICT infrastructure in development projects – think tank
Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»
Davao City to build shelter for watchers, runners of Lumad, Muslim patients
DAVAO CITY (MindaNews / 27 February)—A shelter valued at P42 million will be provided for the watchers and runners of indigenous people (IP) and Muslim patients at the Southern Philippines Medical Center (SPMC) compound. The allocation for a 200 sq.m. shelter was contained in an ordinance approved by the Sangguniang Panlungsod Tuesday. The shelter will […].....»»
P35 million allotted for Araw ng Dabaw
DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»
DSWD chief ready to explain AKAP to lawmakers
After questions were raised about the budget allocation for the Ayuda para sa Kapos ang Kita Program, Social Welfare Secretary Rex Gatchalian yesterday expressed readiness to explain the program to lawmakers......»»
PH Allocates Over P32 Billion to Boost Workforce
The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»
Fund for indigent cancer patients reaches P1.25 billion
Senators and congressmen have approved a substantial increase in this year’s budget allocation for indigent cancer patients, or the Cancer Assistance Fund (CAF), in the hope of helping more Filipinos to be healed from the killer disease......»»
Traders, importers to buy local raw sugar at premium
Sugar traders are keen on purchasing 300,000 metric tons of local raw sugar at a premium price in exchange for getting a priority allocation in future import programs of the government......»»