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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

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

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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Budget officers in CV undergo financial management training

CEBU CITY, Philippines — Over 600 budget officers in Central Visayas underwent Public Financial Management (PFM) Training in Cebu last month. The initiative, led by the Department of Budget and Management (DBM) in collaboration with the Association of Local Budget Officers-Central Visayas Inc., took place at a hotel in Mandaue City. This training was a.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Philippines debt declines to P14.9 trillion in March

The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Bank assets grow 10 percent to P24.8 trillion

Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Swift passage of anti-piracy bills urged

An advocacy group is appealing to the government to expedite the passage of anti-online piracy bills due to the reported economic losses and crimes that piracy brings......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

British Chamber expects passage of anti-agricultural economic sabotage act

The British Chamber of Commerce Philippines looks forward to the passage of the Anti-Agricultural Economic Sabotage Act to further assist on inflation and food supply–echoing the government’s prioritization of imposing stringent measures to protect the local farmers and consumers. .....»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Villar seeks passage of Agricultural Economic Sabotage Law

Sen. Cynthia Villar has called for the passage of the Anti-Agricultural Economic Sabotage Law to prevent middlemen and traders from taking advantage of rice farmers and consumers......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

CLOSAP welcomes passage of ordinance for drug-free workplace

LAPU-LAPU CITY, Cebu- The City of Lapu-Lapu Office for Substance Abuse Prevention (CLOSAP) welcomed the recent passage of an ordinance that institutionalizes the implementation of a drug-free workplace here. The ordinance authored by Councilor Emilio Galaroza Jr., the Chairman of the Committee on Health, mandates the conduct of authorized drug testing in all offices of.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Consumer group hopes early passage of NEPC franchise law

Consumer group hopes early passage of NEPC franchise law.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Delay in passage of anti-piracy bills hit

A citizens advocacy group has decried the delay in the passage of a law that would intensify the drive against online pirates who have been stealing from the Philippine creative industry, depriving workers of just rewards and exposing people to cyber threats......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Marcos to tag as urgent rice law amendments returning NFA s original powers

President Ferdinand Marcos Jr. has agreed to tag as urgent proposed changes to the controversial Rice Tarrification Law (RTL) that would allow the National Food Authority to sell cheap rice in the markets again. .....»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Toral: Beyond pranks and politics: The urgent call for a misinformation law

Toral: Beyond pranks and politics: The urgent call for a misinformation law.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Toral: Beyond pranks and politics: The urgent call for a misinformation law

Toral: Beyond pranks and politics: The urgent call for a misinformation law.....»»

Category: newsSource:  sunstarRelated NewsApr 10th, 2024

OCTA poll: Only 1 percent believe Cha-cha is urgent

Only one in every 100 Filipinos identified Charter change as an urgent national concern in a recent survey conducted by the OCTA Research group......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024