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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

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

Dul-an P2M budget sa ‘Buhing Kalbaryo

Dul-an P2M budget sa ‘Buhing Kalbaryo.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Executive dep’t proposes additional budget of P963M

Executive dep’t proposes additional budget of P963M.....»»

Category: newsSource:  sunstarRelated NewsFeb 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

‘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

Improvement sought in ‘very rotten’ budget process

Congress should exercise greater transparency in its budget process, according to Senate Minority Leader Aquilino Pimentel III, who called the process “very rotten.”.....»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

House balks at ‘absurd’ Senate allegations about cash aid program

House Senior Deputy Speaker Aurelio Gonzales has also insisted that senators approved the Ayuda sa Kapos ang Kita Program during the budget legislation process, calling their line of questioning about its “sudden” appearance in the 2024 budget “absurd.”.....»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

ONLY VM’S OFFICE AFFECTED | Moises Padilla s 2024 annual budget operational, Guv says

ONLY VM’S OFFICE AFFECTED | Moises Padilla s 2024 annual budget operational, Guv says.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

P3.3 trillion in agency budget released

A total of P3.3 trillion has been released to state agencies to implement priority programs and address the problem of underspending, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 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

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......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024

Rama vetoes 2024 annual budget, but Council overrides

Rama vetoes 2024 annual budget, but Council overrides.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

US budget deficit tops half a trillion

Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Sweeten Every Celebration: Elevate Special Moments with Red Ribbon’s Round Dedication Cake

2024 has just arrived, which means it’s time for another year of creating new memories. Whether for big or small occasions, make them memorable with Red Ribbon’s ALL-NEW Round Dedication Cakes as delicious and special-looking centerpieces that everyone can enjoy. The new Red Ribbon Round Dedication Cakes feature classier, more elegant round designs suitable for […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 17th, 2024

Say yes to extra budget with Maya Easy Credit

As the No. 1 Digital Bank in the Philippines, Maya has whipped up something special just for you – a virtual credit line that's always there when you need it most. .....»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024