2024 budget deficit likely to be within ceiling
PHILIPPINE STAR/EDD GUMBANBy Aubrey Rose A. Inosante, ReporterTHE National Government’s (NG) budget deficit likely came in within the P1.52-trillion ceiling in 2024 as spending expected to have surged in December, analysts said.“Possible, as a function of government spending growth, which
Budget priorities may be hostage to political schemes
PRESIDENT FERDINAND R. MARCOS, JR. — PRESIDENTIAL COMMUNICATIONS OFFICETHE GOVERNMENT’S 2025 spending plan may not support the administration’s social and economic priorities as “budget politics” continues to affect allocations, GlobalSource Partners said.“These budget politics in the Philippines are no less
Modest crop and livestock growth expected in 2025
PHILSTAR FILE PHOTOTHE gross value added (GVA) of crops and livestock is expected to post modest growth this year with the La Niña producing above-normal rainfall, the University of Asia and the Pacific (UA&P) Center for Food and Agribusiness (CFA)
Initial 2,000 hectares of Iwahig penal colony to be turned over for economic zone conversion
PHILSTAR FILE PHOTOBy Justine Irish D. Tabile, ReporterTHE Philippine Economic Zone Authority (PEZA) said that it is ready to receive the initial 2,000 hectares of the Iwahig Prison Penal Farm early next year for conversion into an economic zone.The conversion
Copra meal project set for W. Visayas expansion
PHILSTAR FILE PHOTOTHE Department of Agriculture (DA) said it will expand its Protein-Enriched Copra Meal (PECM) commercialization project to the Western Visayas to boost livestock production there.The PECM, initially rolled out in Regions IV A and 9, is aimed at