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For servicemen, P5.46B in housing windfall

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Thousands of police officers, soldiers and firemen, among others, are set to get new homes this year with the release of fresh funds for the construction of housing projects for uniformed personnel.

Posted: August 15th, 2014 in Headlines | Read More »

DBM: We didn’t have P352.7-B ‘extra cash’

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AFP FILE PHOTO

The Department of Budget and Management (DBM) has denied it had at its disposal P352.7 billion in the form of savings and unprogrammmed funds that were diverted to other projects at President Benigno Aquino III’s discretion.

Posted: July 5th, 2014 in Latest Business Stories | Read More »

Gov’t posts rare budget surplus in May

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AFP FILE PHOTO

The government posted a rare budget surplus in May, raising fears that the expected boost in economic growth from higher public spending could come too late in the year.

Posted: June 27th, 2014 in Headlines,Latest Business Stories | Read More »

Disaster mitigation to get 2015 budget boost

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Natural disaster mitigation will get special attention next year via an “unprecedented” increase in funding in next year’s budget for measures to help the country cope with the effects of a warming earth.

Posted: June 24th, 2014 in Headlines | Read More »

Abad: Alleged pork deals only exist in Napoles’ ‘warped imagination’

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Budget Secretary Florencio Abad   INQUIRER FILE PHOTO

Budget and Management Secretary Florencio “Butch” Abad denied anew having ever done business with alleged pork barrel scam operator Janet Lim Napoles or any middlemen acting on her behalf.

Posted: May 27th, 2014 in Latest Business Stories | Read More »

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