Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Deficit-to-GDP ratio softens to 4.5 percent in Q1
The budget deficit’s share to the overall economy softened in the first quarter and is still closing into its pre-pandemic level as the government moves to consolidate its finances......»»
Yellow Cab launches Half Moon Pizza
Yellow Cab Pizza Co. introduces Half Moon Pizza, a “just-for-you” size ideal for solo diners and available in Pepperoni and Hawaiian flavors for only P159.00. This budget-friendly alternative is designed for solo diners on a tight budget and is perfect for budget-conscious individuals or someone looking for a lighter meal. Yellow Cab’s Half Moon Pizzas.....»»
‘4Ps registered P9 billion deficit due to budget cuts’
The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»
EDITORIAL — ‘Very rotten’
A process has long been in place for the approval of the national budget. Malacañang, through the Department of Budget and Management, submits its proposed national expenditure program to Congress, and both chambers deliberate on the NEP to come up with their respective versions of the budget bill......»»
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 […].....»»
DSWD-Davao raises child feeding budget to P21
The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
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.....»»
State agencies have more time to spend 2024 budget
The Department of Budget and Management has given state agencies more time to obligate and disburse this year’s record P5.768-trillion budget......»»
Jodi Sta. Maria tinamaan ng COVID kaya hindi nakarating sa party ni Mr. M
MAY balidong rason pala si Jodi Sta. Maria kaya hindi nakadalo sa “Night of 100 Stars” tribute para kay Johnny Manahan na kilala bilang Mr. M. Hindi raw totoo na binawi ang imbitasyon kay Jodi dahil mas pinaboran daw si Claudine Barretto sa event. Tinamaan daw ng COVID-19 si Jodi. Nasulat namin dito sa BANDERA ang.....»»
P76.1 billion COVID-19 allowance for health workers released
The health emergency allowance of health workers who served during the COVID pandemic amounting to P76.1 billion has been released......»»
Daily COVID-19 cases down to 36
COVID cases in the country now average only 36 per day, according to the Department of Health......»»
Payments for COVID-19-related claims reach P16.7 billion – PhilHealth
Total reimbursements for COVID-19-related claims last year reached over P16 billion, according to the state health insurer......»»
Covid lowered life expectancy by 1.6 years worldwide — study
COVID-19 caused the average life expectancy of people worldwide to fall by 1.6 years during the first two years of the pandemic, a more dramatic decline than previously thought, a major study said Tuesday. This marked a sharp reversal during a decades-long rise in global life expectancy, according to hundreds of researchers sifting through data.....»»
FDA delists COVID-19 meds, devices from VAT exemption
The Food and Drug Administration has released a list of COVID-19 medicines that were removed from the group of health products given an exemption from value-added tax or VAT......»»
2024 CDC COVID guidelines: essential information on isolation duration – Reviewed
The Centers for Disease Control and Prevention (CDC) has recently updated its COVID-19 guidelines, shortening the time individuals are expected to isolate in efforts to.....»»
PhilHealth claims for COVID-19 pneumonia hit P14.6 billion
COVID pneumonia topped the medical cases that the Philippine Health Insurance Corp. reimbursed last year, with claims amounting to more than P14 billion......»»
Recommendation for Older US Adults to Receive Additional COVID-19 Vaccine Shot
The Centers for Disease Control and Prevention (CDC) has recently recommended that older adults in the United States receive another COVID-19 shot, even if they.....»»
Jo Berry sa pagpanaw ng ama, lolo, kapatid: Hindi ako makaka-move on ever
NEVER kinuwestiyon ng Kapuso actress na si Jo Berry ang Diyos sa sunud-sunod na pagkamatay ng mga mahal niya sa buhay noong kasagsagan ng COVID-19 pandemic. Pumanaw ang kanyang kapatid, lolo at tatay noong 2021 matapos ngang tamaan ng COVID-19. Ito ang pinakamasaklap at pinakamadilim na bahagi raw ng kanyang buhay. Sa naganap na grand presscon.....»»