DPWH gets P10B for gov’t classroom building projects
The Department of Budget has released P10 billion to the public works and highways department to support the government’s goal of filling in the classroom shortage this year.
The Department of Budget has released P10 billion to the public works and highways department to support the government’s goal of filling in the classroom shortage this year.
The Department of Budget and Management has made available P8.1 billion for flood control and irrigation projects, including P5 billion for a package of projects in Metro Manila and nearby provinces.
State-run National Power Corp. has secured lawmakers’ nod to allocate P50 million this year for the upkeep of the mothballed 630-megawatt Bataan Nuclear Power Plant (BNPP).
MANILA, Philippines—Government expenses for personal services—including salaries and benefits for those employed by national agencies—increased by 10.4 percent to P496.1 billion in the 11 months to November 2012. The increase was “largely due to the implementation of the last tranche of the Salary Standardization Law III, the filling up of vacant positions in the [...]
The government recently released P2.68 billion to fund the repair and construction of school buildings, as well as water and sanitation facilities in public schools, Budget Secretary Florencio B. Abad said Monday.
The construction and refurbishment of key airports across the country has been provided P4.6 billion in fresh funds amid Malacañang’s efforts to advance the public-private partnership program.
After growing by 2.6 percent last year, the agriculture sector grew by 1 percent and 0.7 percent, respectively, in the first and second quarters of this year.
The government is being urged to spend more on education and skills training, and to keep granting conditional cash transfers to the poor in the run-up to 2015 to ensure the Philippines reap the economic benefits of its entry to the so-called “demographic window.”
The government has set aside P111 million to upgrade several Land Transportation Office (LTO) sites across the country in a bid to improve the delivery of services to the public.
The government gave out P12.2 billion in subsidies to state-owned and -controlled corporations in the first semester.
Malacañang wants to quadruple to P12 billion its 2013 expenditures for roads that lead to tourist spots to support its goal of luring 5.5 million foreign visitors this year and 10 million by 2016.
The government posted a budget deficit of P34.5 billion in the first semester as the growth of expenses and of revenues remained at double digits, although still far short of targets.
