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August 3, 2023
BORROWINGS under the Marcos administration are expected to peak by 2025 or 2026 as the government raises its revenue through new tax measures in the coming years, according to the Department of Budget and Management (DBM). "The [borrowing] will peak by 2025 to 2026 depending on the collection and expenditure,"…
August 3, 2023
FORMER President Rodrigo R. Duterte finally met with President Ferdinand R. Marcos Jr. on Wednesday evening in Malacañang to discuss his recent trip to China. In a brief statement, Presidential Communications Office Cheloy V. Garafil disclosed that Duterte talked about his meeting with Chinese President Xi Jinping in Beijing. “They…
August 3, 2023
The "budget cut" for the University of the Philippines (UP) in the 2024 National Expenditure Program (NEP) will not affect the number of enrollees it can accommodate, according to the Department of Budget and Management (DBM). DBM Secretary Amenah F. Pangandaman made the assurance amid the "seeming" P2.93 billion reduction…
August 3, 2023
JUSTIFIED expenses that can help the government draw more investments in the country and beef up national cybersecurity. This was how the Department of Budget and Management (DBM) defended the higher budget allocated for President Ferdinand R. Marcos, Jr.’s local and overseas trips, as well as intelligence funds for all government…
August 3, 2023
Stella Arnaldo THE torrential rain last Friday certainly didn’t keep the leaders in the banking and financial sectors from attending the reception to get to know the new Bangko Sentral ng Pilipinas (BSP) Governor Dr. Eli M. Remolona Jr. and celebrate the monetary institution’s 30th anniversary. A proud product of…
August 3, 2023
The implementation of Executive Order (EO) No. 138 devolving more functions of the national government (NG) to local government units (LGU) will likely remain suspended until next year, according to the Department of Budget and Management (DBM). In an interview with reporters in Malacañang on Thursday, Budget Secretary Amenah F. Pangandaman disclosed…
August 3, 2023
SEN. Francis Chiz Escudero cautioned Malacañang to avoid being stampeded into blocking a Manila Bay reclamation project solely on the basis of the United State government’s concern over “long-term environmental impact” and the Chinese partner of the project proponent: a state-owned Beijing firm earlier blacklisted by Washington. Escudero said halting…
August 3, 2023
The Department of Environment and Natural Resources (DENR) is currently assembling a team of scientists and experts to conduct a cumulative impact assessment
August 3, 2023
PRESIDENT Ferdinand Marcos Jr. on Thursday urged the Katipunan ng mga Artistang Pilipino sa Pelikula at Telebisyon (KAPPT) to aspire for higher standards for local films as he pledged the governments support to the sector.
August 2, 2023
Philippine Canadian Inquirer PBBM orders DICT, DOST to ensure better digital connectivity News