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By Ria Mae Y. Booc | July 29, 2011 - 12:00am
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The government is seeking a higher P7.2-trillion national budget for 2027, even as economic managers slash growth targets and revenues amid the impact of the US-Iran war, as well as the lingering effects of the flood control graft scandal.
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Back in 2019, the Philippine government launched the fuel-marking program (FMP) aimed at combatting oil smuggling into the country.
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The Marcos administration intends to fast-track the implementation of projects in the second half of the year and raise infrastructure spending, officials said, following the economic team’s decision to cut this year’s growth target because of the effects of the Middle East war and the flood control scandal.
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One of the big disappointments of the Local Government Code is the failure of LGUs to pick up the responsibility for agricultural technical support for farmers. This failure has severely crippled Philippine agricultural productivity over the last 30 years and a big reason why we have food insecurity.
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The government swung back to a budget deficit in May as revenues declined amid the early remittance of dividends by state-owned agencies, while spending increased, the Bureau of the Treasury said.
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Lotto Jun 26, 2026
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Forex
February 12, 2018
- 12:00 am
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1$ : P51.66