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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

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

VP Sara mum on political issues

AMID the current political issues Vice President Sara Duterte is facing due to her stand on national issues, she has not discussed it with her father, former President Rodrigo Duterte nor with her UniTeam running mate, President Ferdinand “Bongbong” Marcos Jr......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Charter Day bonus for Cebu City gov’t employees ‘still pending’

CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Budget surplus unlikely to last – Recto

The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»

Category: financeSource:  philstarRelated NewsMar 20th, 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

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......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

DavOro guv refutes claims she barred dept heads from attending SP budget proceedings

DAVAO de Oro Governor Dorothy "Dotdot" Gonzaga clarified the information released by the Office of Vice Governor Jayvee Tyron Uy that among the factors of the delay of the approval of the Calendar Year Executive Budget for 2024 was because she prevented the department heads of the provincial local government unit from attending the Sangguniang Panlalawigan (SP) proceedings......»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Tommy Osmeña on call for stoppage of Cebu BRT civil works: ‘We have leaders acting like spoiled brats’

CEBU CITY, Philippines — Former Cebu City Mayor Tomas Osmeña lambasted several Cebu government officials following the call to halt the Cebu Bus Rapid Transit (CBRT) civil works. Osmeña called out officials, particularly City Councilor James Cuenco, the Provincial Board, and Cebu Provincial Governor Gwen Garcia. “It’s very important not to insult the funders of.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

BARMM leaders buck Duterte’s secession call

Leaders of different sectors in the Bangsamoro region yesterday rejected former president Rodrigo Duterte’s call for Mindanao independence, asserting that they will never ruin the gains of their peace process with the national government......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Bangsamoro folks reject Duterte’s Mindanao independence call

People from different sectors in the Bangsamoro region on Friday blatantly rejected former President Rodrigo Duterte’s call for Mindanao independence, asserting that they will never ever ruin the gains of their peace process with the national government......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Rights groups call for a safer environment for children

By DOMINIC GUTOMAN Bulatlat.com MANILA – Half a million Filipino children were trafficked for the production of new child sexual exploitation material in 2022, according to rights groups. Over the past 15 years, online child sexual abuse material surged by 15,000 percent, according to non-profit organization Thorn: Digital Defenders of Children. Women’s group Gabriela attributed… The post Rights groups call for a safer environment for children appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 19th, 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

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

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

‘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

What should bystanders, drivers do in case of encountering accident?

CEBU CITY, Philippines – If one witnesses an accident, whether as a driver or bystander, one must immediately call the emergency hotline. For Cebu City, dial 911; for Lapu-Lapu City, use 9999-72-1111; for Mandaue City, dial 383-1658; and for Talisay City, call 491-4159. This advice comes from Nagiel Bañacia, the head of the Lapu-Lapu City.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Call for justice continues for fallen SAF 44

Call for justice continues for fallen SAF 44.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024