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Philippines debt hits record P14.6 trillion
The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»
Promoting peace: Madonna Rehabilitation Hospitals offer support groups for individuals with long-covid
Madonna Rehabilitation Hospitals Provides Support for Long Covid Patients In recognition of International Long Covid Awareness Day on March 15, Madonna Rehabilitation Hospitals is offering.....»»
Shaina nag-quarantine matapos tamaan ng COVID-19, nagpasalamat pa sa virus
MARAMING natutunan at nagawang makabuluhang bagay ang Kapamilya actress na si Shaina Magdayao kahit na naka-quarantine siya. Tinamaan ng COVID-19 ang dalaga nitong nagdaang January kaya kinailangan muna niyang ma-isolate bago sumabak uli sa trabaho. Sa kanyang Instagram account, ibinahagi ni Shaina ang naging takbo ng buhay niya habang naka-quarantine matapod ngang mag-positive sa COVID......»»
Tinamaan kaming dalawa : Rumored lovers Kim Chiu, Paulo Avelino test positive for COVID-19
Kapamilya stars Kim Chiu and Paulo Avelino tested positive for COVID-19 at around the same time and are reportedly the only members of their show's cast to have contracted COVID......»»
Human Receives First Neuralink Brain Implant, Plays Civilization 6
What better way to test your new “Cyberpunk-like” brain with a good ‘ol strategy game, right? This is what the first human recipient of the Neuralink brain-computer interface (BCI) did, as he tested his “new” brain by playing a highly touted grand strategy game, Civilization VI. This comes as the Elon Musk-led company has etched […].....»»
Philippines defense strategy operationalized
The Philippines is setting into motion a defense strategy focused on securing and protecting the country’s territorial waters, including marine resources, Defense Secretary Gilbert Teodoro Jr. said yesterday......»»
Marcos wants ‘strategy’ to address brain drain
MANILA, Philippines — In response to the persistent issue of brain drain in the country, President Ferdinand “Bongbong” Marcos Jr. urged the development of a strategy aimed at persuading graduates to remain in the Philippines and contribute their skills for a few years before considering opportunities abroad. According to Marcos, it was “fine” with him.....»»
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......»»
Government debt payments rise to record P1.6 trillion
The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»
Government borrowings inch up to P2.19 trillion
The Philippines slightly increased its borrowings to P2.19 trillion last year amid a high interest rate environment here and abroad, with the government almost hitting its entire financing program......»»
P4.57 trillion in agency budget released
Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»
Gov’t debt stock rose to P14.79 trillion as of Jan
MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»
DBM: Infrastructure, capital expenditures breach P1 trillion
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
Mindanao grid placed on yellow alert
The Mindanao power grid was placed on yellow alert yesterday alongside the Luzon and Visayas grids due to outages of several power plants......»»
Luzon, Visayas grids placed under red, yellow alert
With several power plants either offline or operating at reduced capacity, the National Grid Corp. of the Philippines yesterday placed the Luzon and Visayas grids on red and yellow alert status......»»
Key witness vs Quiboloy to be placed under WPP
A key witness in the child abuse case against preacher Apollo Quiboloy will be placed under the Witness Protection Program due to perceived threats to her life, an official of the Department of Justice said on Friday......»»
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......»»
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......»»
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......»»