Posts Tagged reenacted budget

Senate sees a reenacted budget in 2021 due to tight schedule for deliberations

Marje Pelayo   •   October 8, 2020

MANILA, Philippines — Senate President Vicente Sotto III expressed disappointment over the tight schedule ahead of them for the deliberation of the proposed P4.5-trillion 2021 national budget. This was after...

Reenacted budget slowed down PH economic growth

Aileen Cerrudo   •   May 9, 2019

The Philippine’s economic growth has slowed down to 5.6% due to the delay in passing the 2019 national budget according to the National Economic and Development Authority (NEDA). According to...

Duterte threatens to veto 2019 national budget if found problematic

Maris Federez   •   April 12, 2019

President Rodrigo Duterte announced that he might veto the P3.757 Trillion national budget for this year. The Chief Executive made the statement at the PDP-LABAN campaign rally in Bacolod City,...

EO needed for 4th salary hike under reenacted budget – DBM

Maris Federez   •   March 15, 2019

The Department of Budget and Management (DBM) sees the need to prepare a contingency plan to meet the funding requirements of the implementation of the 4th tranche of salary adjustments...

Economic managers to call for a special joint session to pass 2019 Nat’l budget

Marje Pelayo   •   December 12, 2018

MANILA, Philippines – A reenacted budget will hugely affect the country’s economy, according to Budget Secretary Benjamin Diokno. If Congress fails to pass the proposed 2019 National Budget this year,...

DBM confident on passage of 2019 nat’l budget before end of the year

Marje Pelayo   •   November 27, 2018

MANILA, Philippines – The Department of Budget and Management (DBM) is confident that before the end of the year, Congress will be able to pass the P3.757-T proposed national budget...

Diokno: Solons want higher budget to impress voters

Marje Pelayo   •   August 15, 2018

  MANILA, Philippines – Budget Secretary Benjamin Diokno explained on Wednesday (August 15) the possible reason why lawmakers want higher budget for next year. Diokno speculates that it is because...

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