Development Budget Coordination News Today

Haslinda, what are you seeing . Haslinda Industrial Production coming from march showing a strong recovery momentum. We saw what happened in march. It is pulling back from a historical plunge in the first two months of the year. Still there are some challenges if you take a look at the supply chain. China still faces supply risks from a global lucked out. Factory production global lockdown. Factory production still shut down in many parts. Bloomberg intelligence saying 70 of chinas imports were ...

THE Bureau of Customs (BOC) announced last Wednesday of having exceeded its revenue target for March, bringing its total collection of P219.385 billion in duties and taxes for the first quarter of the year. The bureau said it also surpassed its target of P210.896 billion in revenue collection by 4.03…

GOVERNMENT infrastructure expenditures exceeded the full-year target as of end-September, Budget department data showed, amid a Marcos administration push to ramp up spending in support of the economy.

LAWMAKERS and economic managers assured the public that the Maharlika Investment Fund (MIF) would remain “independent” from “undue influence” following the revision of the state’s sovereign investment fund’s rules and regulations. House Speaker Ferdinand Martin G. Romualdez claimed that the revised and final implementing rules and regulations (IRR) shall “protect”…

President Marcos has made military pension reform a priority, and is said to be 'willing to spend his political capital' to make it happen

Senator Sherwin Gatchalian urged the Marcos government Friday to “step up spending” as the lawmaker prodded State agencies to promptly come up with a strategic spending catch-up plan to enable the Marcos government to spend budget allocations faster to quickly pump prime the economy. The senator made the call, noting that…

SPEAKER Ferdinand Martin Romualdez gave the House of Representatives five weeks to scrutinize and pass the proposed P5.768-trillion 2024 national budget.

The Philippine economy grew at a slower pace in the first quarter, but a softening inflation turnout has convinced some economists that full-year growth in 2023 could be higher than what was earlier expected.

The Philippine economy grew at a slower pace in the first quarter, but a softening inflation turnout has convinced some economists that full-year growth in 2023 could be higher than what was earlier expected.

The government’s economic managers are visiting the United States this week to hold an economic briefing for investors at the sidelines of the World Bank-International Monetary Fund Spring Meetings in Washington D.C.