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MANILA, Philippines — The Quezon City government, under Mayor Joy Belmonte, has passed the Commission on Audit (COA)’s review of the utilization of its P1.588-billion development fund for last year, while the Davao City government has been flagged for inappropriately charging from its 2022 DF P6.454 million worth of expenses not related to development projects.
MANILA, Philippines — President Marcos yesterday suspended the implementation of the sovereign wealth fund or Maharlika Investment Fund (MIF) to further study its implementing rules and regulations (IRR) and ensure that safeguards are in place “for transparency and accountability.”
Senator Christopher "Bong" Go has voiced his support for acclaimed Filipino pole vaulter EJ Obiena, amidst recent doping accusations hurled against the athlete through social media.
MANILA, Philippines — Philippine budget carrier Cebu Pacific is in talks with Airbus and Boeing for an order of at least 100 planes with an estimated price tag of more than $12 billion, the airline said.
MARRAKECH, MOROCCO [PART 7 of 7] – The economic team, led by Finance Secretary and World Bank (WB) Governor for the Philippines Benjamin E. Diokno, discussed sharpening the Philippine government’s fiscal and public financial management tools with technical assistance from the International Monetary Fund (IMF) Asia and Pacific Department (APD) and Fiscal Affairs Department (FAD) on the sidelines of the 2023 WB-IMF Annual Meetings in Marrakech, Morocco.
Metro Manila (CNN Philippines, October 18) — The Commission on Audit (COA) found the top 10 wealthiest local government units (LGUs) in the country spent their 20% development fund for 2022 in accordance with guidelines except for Davao City.
Senator Christopher "Bong" Go stressed in an interview on Tuesday, October 17, the critical need for mental health interventions and sufficient budgetary allocations for related programs given the challenges faced by Filipinos in the aftermath of the pandemic.
I mentioned earlier that is the 2nd briefing on the proposed 2024 budget of the Department of Environment and Natural Resources (DENR) and its attached agencies.