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Completed FMR under BBMP to spur economic activities in Butuan City

BUTUAN CITY Big bulk of coconut, coffee and banana growers and rice and vegetable farmers, including the small businesses in the far-flung villages are now enjoying the completed farm-to-market roads (FMRs) built under the ‘Build Better More’ Program (BBMP), resulting in a boost to the economy an

PH seeks $3-B ODA from South Korea

The Department of Finance (DOF) renewed an agreement allowing the Marcos administration to access South Korea’s official development assistance (ODA) under its Economic Development Cooperation Fund (EDCF) for the government’s infrastructure program. DOF said in a statement that Finance Secreta

House set to start hearings on 2023 nat l budget Friday

MANILA - The House of Representatives is all set to start its hearings on the proposed PHP5.268-trillion 2023 "Agenda for Prosperity" national budget on Friday. Members of the Development Budget Coordination Committee (DBCC) will brief the House Committee on Appropriations on the state of the economy and the macro-economic parameters the executive branch used in putting together next year's spending program. The invited guests for the budget briefing are Budget Secretary Amenah Pangandaman, Finance Secretary Benjamin Diokno, Secretary Arsenio Balisacan of the National Economic and Development Authority, and Bangko Sentral ng Pilipinas Governor Felipe Medalla. Speaker Martin Romualdez gave his assurance that the House would "effectively respond to the needs of the people, especially in addressing the continued impact of the health crisis and in creating more jobs and ensuring food security" in considering and approving the 2023 national budget. He also stressed t

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