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By Ricky Lo | May 31, 2014 - 12:00am
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The International Monetary Fund (IMF) is urging the Philippines to rely more on revenue-raising measures as it trims the budget deficit, warning that tax amnesties could weaken compliance and that fiscal consolidation should not come at the expense of public investment.
1 day ago
The House of Representatives has concluded its debates on the proposed P7.2 trillion national budget for2027, likely clearing the way for its passage on second reading early next month.
2 days ago
Weak infrastructure spending could prolong the Philippines’ economic slowdown into 2027, with a smaller allocation for capital outlays threatening to limit support for a recovery in investment and household consumption, ANZ Research said.
2 days ago
Several national government agencies had yet to fully utilize their cash allocations as of end-August, with the Department of Labor and Employment (DOLE) and the Department of Public Works and Highways (DPWH) posting the lowest utilization rates among major departments.
3 days ago
The budget for public schools has doubled in five years, from P30 The budget for public schools has doubled in five years, from P30 billion in 2022 to P61.02 billion in the proposed 2027 budget, the Department of Education said yesterday.billion in 2022 to P61.02 billion in the proposed 2027 budget, the Department of Education said yesterday.
4 days ago
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February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66