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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......»»
‘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......»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
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......»»
FACT CHECK | Roque’s claim that Task Force Davao will be disbanded is false
MindaNews fact-checked the claims of former presidential spokesperson Harry Roque that Task Force (TF) Davao will be disbanded as Dabawenyos expressed concern that the city’s security will be weakened if such will happen. His claim is false, according to the Armed Forces of the Philippines (AFP). The AFP has refuted the claims of former presidential […].....»»
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......»»
Common mistakes on adoption petitions
Whenever a couple wants to petition an adopted child from the Philippines, several requirements must be met before they may file that petition. If the petition is filed too early or before they comply with all the requirements, the petition will likely be denied......»»
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......»»
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......»»
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.”.....»»
DOE, DOST partner for R& D on renewable energy
The Department of Energy has partnered with the Department of Science and Technology for the conduct of renewable energy research and development ......»»
Palaro budget slashed by P143M
Palaro budget slashed by P143M.....»»
JG Summit sets higher capex for 2024
Conglomerate JG Summit Holdings Inc. expects its capital spending to balloon to over P99 billion this year, higher than the group’s originally allotted budget for 2024, due to additional engine deliveries for budget carrier Cebu Pacific......»»
CSF councilor bats for bigger tourism budget
CSF councilor bats for bigger tourism budget.....»»
Philippines budget transparency ranking improves in 2023
The Philippines’ ranking in budget transparency improved by seven notches last year, moving up to first place in Asia and 15th place globally out of the 125 countries surveyed......»»
‘Sinag’ nina Claudine at Direk Elaine Crisostomo bongga ang budget
BONGGA ang production ng upcoming movie ni Claudine Barretto na “Sinag” kung saan for the first time ay gaganap siyang isang diwata. In fairness, hindi raw titipirin ang budget ng “Sinag” at handang gumastos nang bonggang-bongga ang producer nitong si Bea Glorioso ng Entablado Films na siya ring tumatayong production manager. Ayon sa isang source,.....»»
P18M portalet rent budget scrapped
P18M portalet rent budget scrapped.....»»
Palarong Pambansa 2024 budget likely to be slashed – Garcia
CEBU CITY, Philippines – The P400 million budget allocation for the Palarong Pambansa 2024 is likely to be reduced. This follows after the three-day suspension of the procurement transactions by Acting Mayor Raymond Alvin Garcia to be able to conduct a review of the procedures and expenditures related to the Games. During a press conference.....»»
DA wants P35 billion budget for rice program next year
The Department of Agriculture is seeking a 15 percent increase in the budget of its national rice program next year to further boost local rice production and ensure country’s food st.....»»