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The Philippines’ dollar reserves hit a historic high in May —at the peak of the COVID-19 lockdown—thanks to inflows from the government’s foreign borrowings, as well as foreign exchange earnings…
The government could tap the private sector to speed up registration for the Philippine identification system (PhilSys), which President Rodrigo Duterte had listed as one of his priority orders to…
The Department of Agriculture (DA) has distributed P1.9 billion worth of inputs and assistance to farmers and fisherfolk whose livelihoods were affected by typhoons, the Taal Volcano eruption and the…
The Pantawid Pamilyang Pilipino Program (4Ps) will get a fresh $450 million (about P22.5 billion) in funds to continue providing cash grants to poor families for their children’s health and…
MANILA, Philippines — The government’s response to the COVID-19 pandemic jacked-up infrastructure spending in April as additional health and quarantine facilities were built during the month to prepare for any…
MANILA, Philippines — “It’s not only a requirement and an act of good citizenship, it also comes with benefits.” Finance Assistant Secretary Tony Lambino said this Tuesday as he urged…
To save ailing corporations from the economic fallout due to the pandemic, lawmakers and the Department of Finance (DOF) are proposing to inject as much as P100 billion in capital…
MANILA, Philippines — Eliseo Rio Jr. said he was “eased out” as undersecretary of the Department of Information and Communications Technology (DICT) last month after questioning the selection of StaySafe.ph…
While infrastructure spending took a back seat to big financing needs for COVID-19 response this year, the Department of Budget and Management (DBM) said big-ticket projects would be allocated a…
A group of pharmaceutical companies wants the government to temporarily set aside a price ceiling that had cut the retail prices of certain drugs, citing the impact the pandemic made…
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