As Rodrigo Duterte, who once promised a comfortable life for all Filipinos, ended his six-year presidency last June 30, 48 per cent of Filipino households felt “poor” in the second quarter of 2022.
(Photo courtesy of House Press and Public Affairs Bureau) MANILA - The House of Representatives on Monday adopted a resolution supporting the Marcos administration's 2022-2028 Medium-Term Fiscal Framework (MTFF) that would serve as an "anchor" for the annual spending and financing plan of the national government and for Congress when preparing the annual budget. During the plenary session, the chamber adopted House Concurrent Resolution No. 2, which aims to attain short-term macro-fiscal stability while remaining supportive of the economic recovery and promoting medium-term fiscal sustainability. Marikina City Representative Stella Quimbo, in her sponsorship speech, said the MTFF is a comprehensive document that outlines a holistic and comprehensive policy direction for the country, both in the immediate and medium-term. Quimbo said the MTFF contains an 8-point socio-economic agenda aimed towards immediate job creation and poverty reduction. She also emphasized the need t
U S , DOH Launch Central Visayas Health Referral System Operations Manual usembassy.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usembassy.gov Daily Mail and Mail on Sunday newspapers.
The inter-agency Development Budget Coordination Committee is set to meet later this week to review growth targets to take into account the impact of price increases and disruptions caused by the conflict between Russia and Ukraine.
Socioeconomic Planning SecretaryArsenio Balisacan MANILA - The National Economic and Development Authority (NEDA) hails the appointment of Arsenio Balisacan as the country's Socioeconomic Planning Secretary under President Ferdinand Marcos Jr.'s administration. In his statement during the NEDA turnover ceremony on Monday, the returning Secretary expressed eagerness in reprising his role as NEDA chief. "I am deeply honored to serve NEDA once again. When President Bongbong Marcos invited me to join his Cabinet as Socioeconomic Planning Secretary, I was fully aware that the challenges before me were far more complex than the last time I was at NEDA's helm. Nevertheless, having always viewed public service as a great privilege, when the invitation to serve again came, I humbly accepted the challenge and responsibility of leading NEDA, recognizing its critical role in the country's recovery and post-pandemic development," Balisacan said. Balisacan also highlighted