Next year's proposed P5.268-trillion national budget has social safety nets that seek to support economic recovery amid the uncertainties brought mainly by the
Russia-Ukraine conflict and the COVID-19 pandemic, Senator Sherwin Gatchalian said on Friday, November 18.
Gatchalian made the stat
SENATORS ended plenary debates on the Palace-proposed 2023 budget bill, inching closer to a final vote on the P5.268-trillion annual money measure endorsed by Malacañang to bankroll government operations next year. Adjourning their marathon deliberations past 1 a.m. Friday, the lawmakers concluded the extended session after tackling the proposed budget…
The Senate will try to approve next week the proposed P5.268-trillion General Appropriations Bill for 2023 after senators ended plenary deliberations on the Marcos administration’s first spending program after midnight Friday with some proposed amendments.
Oil firms are implementing P0.90 per liter increase on gasoline prices while diesel prices are being reduced by P0.30 per liter.
Kerosene, which is the other product in the triumvirate of weekly price swings, is going up by P1.35 per liter, based on the pricing adjustment notices sent by the oil c
The plan of state-run Philippine National Oil Company (PNOC) to establish the country’s strategic petroleum reserve (SPR) or oil stockpiling has been ditched after the Senate junked the proposed budget for this project.
Senate Committee on Energy Vice Chairman Sherwin Gatchalian indicated that the