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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......»»
DoF considering IPOs for LandBank, DBP
The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»
House committee of the whole approves RBH7
The House of Representatives – acting as a committee of the whole – approved overwhelmingly yesterday Resolution of Both Houses No. 7, containing three proposed amendments to perceived restrictive economic provisions in the 1987 Constitution......»»
House to ask WHO about changes to IHR
Two committees of the House of Representatives will ask the World Health Organizations to shed light on the 307 proposed amendments to the International Health Regulations which lawmakers fear could infringe on the Philippines’ sovereignty......»»
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......»»
‘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......»»
Cong. Pulong Duterte got P51-B budget in three years
It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»
House panel to start deliberations on wage hike tomorrow
The House committee on labor and employment will start tomorrow deliberations on various bills proposing wage adjustments amid the high inflation rate in the country......»»
Digital connectivity space tackled in amendments to National Building Code
A pending legislation at the House of Representatives amending the 47-year-old National Building Code of the Philippines would make it more responsive to the broadband connectivity demands of a digital economy, a citizen advocacy group said......»»
Our very broad Constitution and its unpleasent econimic consequences
Judging from the Joint Resolution of the House and Senate to amend the “restrictive economic provisions” of the Constitution, only three specific amendments are being sought......»»
From the Newsrooms: January 8 to 13, 2024
THE IDEA had been simmering but it broke out for all the public to think about when House Speaker Martin Romualdez took up the need for Charter change (Cha-cha). He recalled two resolutions that had raised the issues earlier in 2023, saying the amendments would focus on economi.....»»
From the Newsrooms: January 8 to 13, 2024
THE IDEA had been simmering but it broke out for all the public to think about when House Speaker Martin Romualdez took up the need for Charter change (Cha-cha). He recalled two resolutions that had raised the issues earlier in 2023, saying the amendments would focus on economi.....»»
4th mode of Cha-cha
In 2013, then House Speaker Quezon City 4th District Rep. Feliciano “Sonny” Belmonte Jr. first initiated a move to amend to the economic provisions of the 1987 Constitution by legislation – a law approved by Congress. Under Belmonte’s proposal, both chambers of Congress could vote separately to pass these economic amendments into law instead of a wholesale amendment of the Constitution......»»
From the Newsrooms: January 8 to 13, 2023
THE IDEA had been simmering but it broke out for all the public to think about when House Speaker Martin Romualdez took up the need for Charter change (Cha-cha). He recalled two resolutions that had raised the issues earlier in 2023, saying the amendments would focus on economi.....»»
From the Newsrooms: January 8 to 13, 2023
THE IDEA had been simmering but it broke out for all the public to think about when House Speaker Martin Romualdez took up the need for Charter change (Cha-cha). He recalled two resolutions that had raised the issues earlier in 2023, saying the amendments would focus on economi.....»»