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DepEd lauds Senate OK of agency's budget for '22 | Claudeth Mocon-Ciriaco

The Department of Education (DepEd) has welcomed the Senate’s approval of the agency’s over P629-billion budget for 2022. Sen. Pia Cayetano, who fervently wished that the pilot face-to-face classes would be expanded, defended the proposed 2022 budget of the DepEd and its attached agencies. “Children need to be in school.…
Annalyn Sevilla Pia Cayetano School Personnel Human Resource Development Priority School Health Facilities National Expenditure Program

Parex Announces 2022 Budget Guidance and Provides Update to its Return of Capital Strategy

Parex Resources Inc. is a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production. All amounts herein are in United States Dollars unless otherwise stated. Parex is pleased to announce its 2022 budget guidance and provide an update to its framework for returning capital to shareholders. Imad Mohsen, President and CEO of Parex commented: "One of the elements that ...
United States Brent Vasconia Imad Mohsen Mike Kruchten International Financial Reporting Standards Oil Gas Matters Advisory

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NEA told to realign ₧1.6-billion funding to energize Bangsamoro

Senator Sherwin Gatchalian goaded the National Electrification Administration (NEA) Friday to reallocate the P1.6-billion funding for next year’s Sitio Electrification Program (SEP) upon learning that “not a single centavo” was earmarked to electrify remote villages in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). “Please consider it because it is one…
Sherwin Gatchalian Emmanuel Juaneza National Electrification Administration Sitio Electrification Program National Expenditure Program Senator Sherwin Gatchalian

'Hurting' private schools, students ultimate losers in slashed 2022 senior high voucher fund

Senator Sherwin T. Gatchalian on Monday, Oct. 18 said the Senior High School Voucher Program (SHS-VP) is in peril with its budget facing a looming decline of P8.7 billion for the next fiscal year. Under the 2021 General Appropriations Act (GAA or national budget), P25.2 billion was allocated to the
Sherwint Gatchalian National Expenditure Program School Year Senior High School Voucher Program Department Of Education Deped Senator Sherwin
Source: mb.com.ph

DBP approves P40-B infra loans

DBP-Bldg-news-1080x714 The Development Bank of the Philippines (DBP) has approved P39.5-billion worth of loans under its flagship credit program to fund gaps in the country's infrastructure development, DBP President and Chief Executive Officer Emmanuel G. Herbosa announced, Thursday, Oct. 7, 2021.
Philippines General Emmanuelg Herbosa National Expenditure Program National Government Development Bank Chief Executive Officer Emmanuel
Source: mb.com.ph

Covid-19 vaccine booster shots funding still under negotiation

DOF Secretary Carlos Dominguez III (File photo) MANILA - Specifics of PHP45.3 billion (USD900 million) worth of loans the government plans to request from multilateral lenders to finance coronavirus disease 2019 (Covid-19) booster shots for 2022 are still being determined. "Still under negotiation," Department of Finance (DOF) Secretary Carlos Dominguez III told journalists in a Viber message on Wednesday. Dominguez on Tuesday confirmed what National Task Force (NTF) against Covid-19 c...
Quezon City Carlito Galvez Jr National Task Force Contingency Fund World Bank Asian Development Bank

Philippines to seal $900-M loan deals for COVID-19 booster shots —Dominguez

The Philippine government is expected to secure, by the end of the year, around $900 million worth of loans to fund the purchase of COVID-19 booster shots, which are under unprogrammed appropriations in the proposed P5.024-trillion national budget for 2022, Finance Secretary Carlos Dominguez III said Tuesday.
Tina Rose Canda National Task Force Against World Bank Asian Development Bank Second Health System Enhancement To Asian Infrastructure Investment Bank

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