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...
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...
Public Works and Highways Secretary Manuel Bonoan on Monday defended the Kennon Road rockshed project, which President Marcos dismissed as "useless" during his inspection...
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...
Finance Secretary Carlos Dominguez III said the government will spend around P1.14 trillion in the fourth quarter to hit its total disbursement target of...
THE government posted a budget deficit of P33.4 billion in May after recording a surplus a month ago as government spending outpaced revenue collections,...
The International Monetary Fund said Monday it expects the Philippines to sustain its strong economic growth this year, on higher government spending and export...
The Philippine economy has the chance to grow between 7 percent and 7.5 percent this year, driven by higher government spending, foreign direct investments...
