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Tag: national government budget

Budget deficit widened 75% to P478.8b in Q1

The national government’s budget widened by 75.6 percent in the first quarter of 2025 to P478.8 billion from a year ago, according to the...

Gov’t to borrow P2.46t or almost half of next year’s national budget

The P5.768 national government budget for 2024 will be funded by local and foreign borrowings amounting to P2.46 trillion, a legislator said on Tuesday. Marikina...

P8B more for AFP warchest

An extra P8 billion has been allotted to for military modernization in the proposed 2021 national government budget due to external threats. “Considering the foreign...

Solons seek more funds for DAR’s ‘mega farms’

Two congressmen on Monday want to give the Department of Agrarian Reform from P3 billion to P5 billion more in the 2021 national government...

‘P4-trillion budget to fund PH recovery’

President Rodrigo Duterte hopes the proposed P4.506 trillion 2021 national government budget that Malacanang sent to the House of Representatives last week will fund...

‘2020 nat’l govt budget means more projects‘

A leader of the House of Representatives on Wednesday night defended the House-approved P4.1-trillion national government budget for 2020. At the same time, Deputy Speaker...

‘Pork-free’ budget sent to senators

The House of Representatives on Tuesday morning transmitted to the Senate the Palace-proposed P4.1- trillion national government budget for 2020, a House official said...

House approves P4.1-trillion budget

The House of Representatives approved on third and final reading Friday night—seen by legislative observers as in record time—the proposed P4.1 trillion national government...

Romualdez seeks swift passage of nat’l budget

House Majority Leader and Leyte Rep. Martin Romualdez on Friday attended the budget briefings and hearings to guarantee the swift passage of the proposed...

Delayed passage of government budget reduced GDP growth by 1.6%–DoF

The economy could have grown 7.2 percent in the first quarter if lawmakers immediately ironed out their differences and passed on time the P3.7-trillion...
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