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Unprogrammed appropriations boosted 2023 budget by P374 billion

The government has included a P374-billion additional program, on top of the P5.268 trillion national budget in 2023, the bulk of which were unprogrammed appropriations......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

China maintains defence budget growth despite economic travails

Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 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

‘Imee budget realigning led to millions not receiving 4Ps’

Nearly 4.3 million poor Filipinos were deprived of cash aid under the government’s Pantawid Pamilyang Pilipino Program in 2023 after Sen. Imee Marcos realigned the 4Ps funding of P13 billion in the national budget to another social amelioration program, a member of the House of Representatives said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Learn how to monitor, evaluate government programs and projects

Pursuant to National Budget Circular 565 mandated by the Department of Budget and Management, key LGU officials and officers are required to strengthen their institution’s results-based monitoring, evaluation, and reporting of all government programs and projects......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

PLDT proposes $3 million settlement in US budget mess suit

Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Palarong Pambansa 2024: Cebu City allocates P205M for games

CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of the.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024

National Cybersecurity Plan seen as vital defense for digital economy

A consumer advocacy group has lauded the President’s approval of the National Cybersecurity Plan 2024-2029 amid the rising incidence of cyber attacks targeting the government and private sector......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Kinapos sa budget: Reader’s Digest UK tinuldukan na

Makalipas ang 86 na taon, nagpaalam na ang Reader's Digest UK. The post Kinapos sa budget: Reader’s Digest UK tinuldukan na first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 7th, 2024

DMW’s new 10-point agenda to run on lesser 2024 budget

New Department of Migrant Workers Secretary Hans Leo Cacdac will prioritize overseas Filipino workers' protection and financial leverage despite his agency receiving a lower budget this year by some P2.935 billion......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Touring Osaka, Kyoto, and Nara on a budget

Touring Osaka, Kyoto, and Nara on a budget.....»»

Category: newsSource:  sunstarRelated NewsApr 29th, 2024

55% in SEA ready for domestic travel for safe, budget-friendly destinations

55% in SEA ready for domestic travel for safe, budget-friendly destinations.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

B.C. s Filipino community celebrates federal budget nod to new cultural centre

Members of British Columbia's Filipino community say they're happy to see support in this week's federal budget to build a centre for their community......»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

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......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

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......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

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......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Government budget back to deficit in February

The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Xinhua world economic news summary at 0900 GMT, April 1

MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

Low subsidy forces LRTA to cut budget for train rehab

The Light Rail Transit Authority is cutting its budget for the restoration of trains to make the most of the lower subsidy given to the agency this year......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024