Monday, December 8, 2025
Today's Print

Tag: government spending

Nomura cuts Philippines GDP growth outlook

Nomura Global Market Research has lowered its 2026 gross domestic product (GDP) growth forecast for the Philippines to 5.3 percent from 5.6 percent, citing...

PH stocks, peso gain on gov’t spending plan to boost growth

Share prices ended the week in the green on renewed optimism for the domestic economy after the government committed to increase spending to boost...

Business group urges open bicam budget deliberations

Philippine Business for Education (PBEd), an industry-led advocacy group, is calling for increased transparency, including open bicameral conference committee deliberations, in the final stages...

DICT eyes blockchain system to boost budget transparency

The Department of Information and Communications Technology (DICT) is preparing to launch a prototype blockchain platform aimed at improving transparency and accountability in the...

Government infrastructure spending fell 25% in July 2025

Government infrastructure and other capital outlays declined 25.3 percent to P93.3 billion in July 2025 from a year earlier, on a muted disbursement performance...

Two major biz groups back probe body

Two of the country’s largest business organizations have expressed strong support for President Ferdinand Marcos Jr.’s creation of the Independent Commission on Infrastructure (ICI),...

Questionable

Overlapping street signs are seen at Pedro Gil corner Riverside Street in Manila. Manila Mayor Isko Moreno has ordered their removal after the signs...

Palace open to Chiz’s infra negative list proposal

Malacañang yesterday said it welcomed Senate President Chiz Escudero’s proposal for the government to draw up a “negative list” of infrastructure projects that should...

Economic council tightens flood control project approval process

The Economy and Development (ED) Council Investment Coordination Committee - Cabinet Committee (ICC-CC), co-chaired by Finance Secretary Ralph Recto, has tightened its approval process...

Gov’t budget deficit shrank 34% to P18.9b in July 2025—BTr

The government's budget deficit narrowed by 34.4 percent to P18.9 billion in July 2025 from P28.8 billion recorded in the same month last year,...

Philippines boosts climate spending to over $20 billion in 2025

The Philippine government is spending P1.156 trillion (over $20 billion) on climate change adaptation and mitigation this year, a 152.7-percent increase from 2024, Budget...

Bonoan says Kennon rockshed project not useless

Public Works and Highways Secretary Manuel Bonoan on Monday defended the Kennon Road rockshed project, which President Marcos dismissed as "useless" during his inspection...

Marcos firm on reenacted budget if NEP deviations made

President Ferdinand Marcos Jr. on Monday reiterated that he will return any General Appropriations Bill that deviates significantly from the administration’s proposed National Expenditure...

Recto urges BIR to boost daily tax collection to P8.6 billion

The Department of Finance urged the Bureau of Internal Revenue (BIR) to collect an average of P8.60 billion in taxes to support the government's...
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