budget - updates

Rappler's latest stories on budget

ARTICLE FINDER

No-deal Brexit forecast to spark year-long UK recession

Jul 18, 2019 - 5:50 PM

'The UK enters a year-long recession in the fourth quarter of 2019' should Britain depart the bloc on October 31 with a 'no-deal, no-transition Brexit,' the Office for Budget Responsibility (OBR) predicts in a key report

BREXIT RECESSION? Pro-Brexit flags fly from a fishing boat moored in Ramsgate on June 13, 2016.  File photo by Chris J. Ratcliffe/AFP

[ANALYSIS] Philippine defense spending in 2018: What data tells us

Jul 12, 2019 - 1:00 PM

The Philippines has to be smart about improving its security beyond defense budgets and military acquisitions and allocations

'By The Numbers' Podcast: 2019 Philippine national budget

Jun 05, 2019 - 9:45 PM

This podcast by Rappler's business section talks about the winners and losers in the 2019 3.662-trillion national budget

Budget delay kept 420,000 Filipinos poor – economic team

May 27, 2019 - 1:10 PM

Finance Secretary Carlos Dominguez III says the budget impasse showed 'how politicking could harm people'

Davao dominates vetoed P95.37-billion 'pork'

May 24, 2019 - 11:14 AM

With the President removing the questionable 'pork barrel' allocations from the 2019 budget, it turns out that Davao Region is the biggest loser

Winners and losers under Duterte's 2019 budget

May 19, 2019 - 7:22 PM

The education and public works sector top President Rodrigo Duterte's priorities in the 2019 national budget, but do they really win?

Duterte orders cash-based budgeting for 2019

Apr 16, 2019 - 9:08 PM

The President vetoes 12 line items in the 2019 national budget, as well as the P95.3 billion worth of infrastructure funds. He also places several items under conditional implementation.

VETO. President Rodrigo Duterte vetoes and places some line items in the budget under conditional implementation. Malacañang file photo

Senators hail Duterte veto of P95.3-B infra funds in 2019 budget

Apr 16, 2019 - 3:50 PM

Senators say President Rodrigo Duterte's veto of questionable allotments in the 2019 national budget serves as a 'victory' for taxpayers

2019 BUDGET. Senators welcome President Rodrigo Duterte's veto of P95.3 billion in infrastructure funds in the 2019 budget. File Photo by Cesar Tomambo/Senate PRIB

Finally, Duterte signs 2019 budget bill into law

Apr 15, 2019 - 7:54 PM

(UPDATED) After several stumbling blocks, the Philippine government has a new budget for the year 2019

PARTNERS FOR PROGRESS, BROTHERS FOR PEACE. President Rodrigo Roa Duterte and members of his cabinet hold an expanded bilateral meeting with Malaysian Prime Minister Mahathir Mohamad and the members his delegation at the Malacañan Palace during the Malaysian Prime Minister's two-day official visit to the Philippines on March 7, 2019. Malacañang Photo

From pristine beaches to scenic highlands: 5 budget weekend trips from P2,000 and up

Apr 15, 2019 - 6:00 PM

Here's a short list of weekend adventures that can reinvigorate you by Monday

PANORAMIC. This is one of the views from Cape Engaño’s hill in Palaui

Duterte threatens to veto 'entire budget'

Apr 12, 2019 - 6:00 AM

(UPDATED) Presidential Spokesperson Salvador Panelo says the scheduled ceremonial signing of the 2019 budget on April 15 has been removed from the President's calendar of activities

BACOLOD CAMPAIGN. President Rodrigo Duterte urges voters to choose his senatorial bets so he can pursue his programs., during a PDP-Laban sorite inBacolod City on April 11, 2019. Photo from Presidential Photo

Duterte to sign 2019 budget on April 15

Apr 10, 2019 - 8:29 PM

The enrolled bill provides P3.757 trillion for the national government to spend in 2019

Honor 8C: specs, features, price in the Philippines

Apr 01, 2019 - 6:36 PM

The Honor 8C is priced at P7,999

Photo from Honor


Iceland's WOW Air budget carrier collapses, cancels all flights

Mar 28, 2019 - 6:21 PM

(UPDATED) The closure of WOW Air, which transports more than a third of those traveling to Iceland, comes after buyout talks with rival Icelandair collapsed earlier this week

WOW AIR. This photograph taken on August 6, 2018, shows the tailfins of Wow (Icelandic low-cost company) Airbus A321-200 aircraft on the tarmac at Roissy-Charles de Gaulle Airport, north of Paris. File photo by Joel Saget/AFP

DBM ‘reenacts’ Makati City budget for 2019

Mar 26, 2019 - 10:32 PM

Makati Vice Mayor Monique Lagdameo blames opposition councilors for the amendments on their P17.927-billion 2019 budget that are 'inconsistent with the existing laws'

REENACTED BUDGET. The national government is not alone in having a reenacted budget for this year, as the Department of Budget and Management declares Makati City's 2019 budget 'inoperative'. Photo by Shutterstock

Aquino hits Arroyo: 'She became Speaker, then budget was reenacted'

Mar 26, 2019 - 6:31 PM

Former president Benigno Aquino III slams Congress for failing to pass the 2019 budget on time: 'Buong-buo na sila doon, hindi pa napapa-approve.'

Former president Benigno Aquino iii joins Otso Diretso candidates at a forum in South Western University in Cebu City on March 26, 2019. Photo by Ben Nabong/Rappler

Duterte to sign 2019 budget bill 'immediately' if he thinks it's legal

Mar 26, 2019 - 4:58 PM

'Everything will be considered by the President.... He always does the right thing,' says Presidential Spokesman Salvador Panelo, when asked about the Senate's concerns about the 2019 budget

President Rodrigo Roa Duterte chats with the guests during the opening ceremony of the 32nd Biennial Convention of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) at the SMX Convention Center in Pasay City on March 21, 2019. ACE MORANDANTE/PRESIDENTIAL PHOTO

Senate transmits 2019 budget bill to Malacañang to end deadlock

Mar 26, 2019 - 3:11 PM

(3rd UPDATE) The Senate tells President Rodrigo Duterte it is transmitting the bill 'with strong reservations,' and urges him to veto 'unconstitutional' post-bicam realignments

BUDGET IMPASSE OVER: Senate President Vicente Sotto III signs the 2019 national budget '€œwith strong reservations.' With him are (L-R) Minority Leader Franklin Drilon, Senator Panfilo Lacson, and Majority Leader Juan Miguel Zubiri. Photo by Cesar Tomambo/Senate PRIB

House-Senate meeting: ‘No more contentious points’ in proposed 2019 budget

Mar 25, 2019 - 8:09 PM

The negotiating teams of both chambers of Congress are hopeful an agreement on the stalled 2019 national budget will be reached this week

2019 BUDGET. The House of Representatives and Senate's initial meeting on the 2019 budget ends on an optimistic tone. File photos by Shutterstock, Senate PRIB,  Martin San Diego/Rappler

Duterte EO allows 2019 salary hike for gov't workers despite reenacted budget

Mar 20, 2019 - 6:41 PM

The funds for the 4th tranche of salary adjustment for government personnel will be sourced from any available appropriations under the 2018 budget

2019 SALARY HIKE. President Rodrigo Duterte signs Executive Order No. 76 on March 15. Duterte file photo by Karl Norman Alonzo/Presidential Photo. Other file photos by Patty Pasion, Shutterstock

Lagman: House version of 2019 budget 'completely constitutional'

Mar 20, 2019 - 5:36 PM

Albay 1st District Representative Edcel Lagman, leader of the opposition bloc in the House, joins the 3-member team tasked to end the budget deadlock with the Senate

BUDGET ISSUES. Albay 1st District Representative Edcel Lagman stands by the House's version of the 2019 budget. File photo by Darren Langit/Rappler

House leadership scrambles to address budget deadlock

Mar 19, 2019 - 2:15 PM

Speaker Gloria Macapagal Arroyo clarifies the House has not yet withdrawn the enrolled version of the 2019 budget, contradicting her appointed negotiator San Juan City Representative Ronaldo Zamora

HOUSE CLASH. Speaker Gloria Macapagal Arroyo, House committee on appropriations chair Rolando Andaya Jr, and San Juan City Representative Ronaldo Zamora differ in their statements in addressing the budget deadlock. File photos by Rappler

Remember those suffering from delayed 2019 budget – Briones

Mar 18, 2019 - 6:01 PM

'The economy is hanging, you have 800,000 teachers affected, you have children, learners affected, operations of various agencies of government affected,' says Education Secretary Leonor Briones

STRETCHED THIN. Education Secretary Leonor Briones says agencies have stretch their resources and operation amid an impasse on the 2019 budget. Photo by Sofia Tomacruz/Rappler

House recalls version of 2019 budget to end standoff with Senate

Mar 18, 2019 - 5:23 PM

Speaker Gloria Arroyo taps congressman Ronaldo Zamora to negotiate with the senators, but House appropriations committee chair Rolando Andaya says the recall of the budget bill has to be approved by the House plenary

Photo by Angie de Silva/Rappler

Budget surplus widens to P44.5 billion under reenacted budget

Mar 18, 2019 - 5:10 PM

The Bureau of the Treasury says the contraction in government spending was due to delays in the implementation of new projects and salary adjustments

No funds for newly hired teachers without 2019 budget – DepEd

Mar 18, 2019 - 5:00 PM

The Department of Education needs to hire some 80,000 teachers for the coming school year

NEW TEACHERS. The Department of Education warns that if the 2019 budget is not passed, funds for some 80,000 newly hired teachers were not included in its 2018 budget.  Photo by Lito Borras/Rappler

Arroyo insists House did nothing unconstitutional under 2019 budget

Mar 18, 2019 - 10:35 AM

'We would never put the President in a position of signing an unconstitutional bill,' says Speaker Gloria Macapagal Arroyo

NOT UNCONSTITUTIONAL? Speaker Gloria Macapagal Arroyo says the House did nothing illegal under the 2019 budget. File photo by Darren Langit/Rappler

'Last chance': Andaya presses Senate to sign 2019 budget

Mar 16, 2019 - 2:35 PM

House appropriations chairperson Rolando Andaya Jr says both chambers only have until May to 'complete' their task on the 2019 budget

BUDGET ISSUES. House committee on appropriations chairperson Rolando Andaya Jr gestures during his press conference on March 11, 2019. Photo by Mara Cepeda/Rappler

DBM to Malacañang: Amend salary hike EO if budget impasse continues

Mar 15, 2019 - 5:47 PM

'With this measure, the long overdue compensation hike that our public servants have been looking forward to can finally be granted,' the DBM says

DBM. The facade of the Department of Budget and Management building in Manila. Photo by Judgefloro/Wikimedia Commons

Samsung A30 priced at P13,990, arrives March 30

Mar 14, 2019 - 3:54 PM

The slightly pricier A50 variant comes in at P17,990

GALAXY A30. Photo from Samsung


Budget fiasco pushes economic team to lower growth target

Mar 13, 2019 - 7:44 PM

The government was optimistic that economic growth could hit 7% to 8%. Now, that lower-end figure is now the highest target.

NEDA warns reenacted budget to really hurt economy

Mar 13, 2019 - 2:20 PM

Socioeconomic Planning Secretary Ernesto Pernia warns economic growth can go as low as 4.2% to 4.9% under a full-year reenacted budget

SLOWDOWN. NEDA warns of slow economic growth under a reenacted budget. Photo by Darren Langit/Rappler

Senate, House fail to reach consensus on 2019 budget after Duterte meeting

Mar 13, 2019 - 12:06 AM

The House of Representatives 'appeared to have acquiesced but we have yet to see if they will follow the agreement' to revert to the bicam-approved report, says Senate President Vicente Sotto III

Photo from Senate Majority Leader Juan Miguel Zubiri

Can the budget be adjusted post-bicam? What Supreme Court says

Mar 12, 2019 - 3:18 PM

The post-bicam itemization of the lower chamber must satisfy the requirement of the Supreme Court when it comes to line-item budgeting

[OPINION] Who should be the next budget secretary?

Mar 12, 2019 - 3:00 PM

For the sake of policy continuity, it would be best for the DBM to be led by a technocrat and not a politician

Duterte on 2019 budget standoff: I won't sign anything illegal

Mar 11, 2019 - 9:05 PM

Faced with the further delay of the signing of the 2019 budget, President Rodrigo Duterte also warns of a 'slide' in economic growth

PARTNERS FOR PROGRESS, BROTHERS FOR PEACE. President Rodrigo Roa Duterte and members of his cabinet hold an expanded bilateral meeting with Malaysian Prime Minister Mahathir Mohamad and the members his delegation at the Malacañan Palace during the Malaysian Prime Minister's two-day official visit to the Philippines on March 7, 2019. Malacañang Photo

Andaya asks senators: Why hostage the 2019 budget?

Mar 11, 2019 - 5:17 PM

House committee on appropriations chair Rolando Andaya says if there are anomalous allocations under the 2019 budget as alleged by senators, President Rodrigo Duterte can always veto it

BUDGET ISSUES. House committee on appropriations chairperson Rolando Andaya Jr gestures during his press conference on March 11, 2019. Photo by Mara Cepeda/Rappler

Senate also itemized parts of 2019 budget after ratification – Andaya

Mar 11, 2019 - 4:15 PM

House committee on appropriations chairperson Rolando Andaya Jr says this is the same process that congressmen did, which senators are now questioning: 'I really don’t see the difference here'

SENATE DID IT TOO. House appropriations panel chair Rolando Andaya Jr says senators also itemized parts of the 2019 budget after they ratified the bicameral conference committee report. Photo by Mara Cepeda/Rappler

Andaya: 'Nothing illegal’ in itemizing health budget post-ratification

Mar 06, 2019 - 4:58 PM

Andaya cannot answer for certain the exact breakdown of P4.5 billion worth of funds for health facilities, just that each district got their share

HEALTH FACILITIES BUDGET. House Committee on Appropriations Chairman Rep. Rolando Andaya defends the move of the lower house to itemize its P4.5 billion health facilities budget only after the ratification of the bicameral committee report on the 2019 national budget. Photo by Darren Langit/Rappler

Diokno hopes next DBM chief 'not a politician'

Mar 06, 2019 - 11:09 AM

On rumors that House Speaker Gloria Macapagal-Arroyo will be next budget chief, outgoing secretary Benjamin Diokno says: 'That's speculative. I don't want to comment on that'

OUTGOING. Budget Secretary Benjamin Diokno talks to reporters in his last day as Department of Budget and Management chief. Photo by Aika Rey/Rappler

Budget Undersecretary Janet Abuel named acting secretary

Mar 05, 2019 - 3:30 PM

A career official at the Department of Budget and Management, Janet Abuel is a certified public accountant and the 1998 bar examinations topnotcher

ACTING SECRETARY. Budget Undersecretary Janet Abuel (right in photo) joins Secretary Benjamin Diokno has he presides over his last committee meeting at the DBM. Photo from DBM

FAST FACTS: Who is Benjamin Diokno?

Mar 05, 2019 - 3:10 PM

Get to know Benjamin Diokno, the new Bangko Sentral ng Pilipinas governor

NEW BANGKO SENTRAL GOVERNOR. Budget Secretary Benjamin Diokno has been appointed as the new Bangko Sentral ng Pilipinas governor. Photo by Angie de Silva/Rappler

Rising 'above serial underspending’? Budget gap widens in 2018

Feb 22, 2019 - 6:06 PM

The fiscal deficit in 2018 reaches P558.3 billion, 3.2% of the country's gross domestic product

No decision made on spending for Trump's wall – Pentagon chief

Feb 17, 2019 - 9:11 AM

'We have not made any decisions. ... There has been no determination by me,' says Acting Defense Secretary Patrick Shanahan

BORDER WALL? A US Customs and Border Protection helicopter flies over the border wall during a safety drill in the Anapra area in Sunland Park, New Mexico, United States, across from Ciudad Juarez, Chihuahua state, Mexico, on January 31, 2019. Photo by Herika Martinez/AFP

DBM to push cash-based budgeting in 2019, despite rejection by Congress

Feb 13, 2019 - 12:24 PM

'We are doing it already. We don't need a law,' says Budget Secretary Benjamin Diokno of Congress' rejection of cash-based budgeting in 2019

REFORM. DBM Secretary Benjamin Diokno is keen with pushing cash-based budgeting. DBM Photo

Finally, Congress passes P3.757-trillion budget for 2019

Feb 08, 2019 - 8:01 PM

Lawmakers agree to add P46.355 billion to the DPWH's budget, and P17.575 billion to the DOH budget

PASSED. The 17th Congress passes the proposed 2019 budget on February 8, 2019.

Bicam approves 2019 budget but rejects cash-based budget system

Feb 08, 2019 - 5:43 PM

Both the House and the Senate are targeting to ratify the 2019 budget on the same day so President Rodrigo Duterte may finally sign it into law

BICAM APPROVES. Lawmakers part of the bicameral conference committee pose for a picture after approving the 2019 budget on February 8, 2019. Photo from House committee on appropriations chair Rolando Andaya's office

Diokno tried to bribe lawmakers with P40-B funds, claims Andaya

Feb 08, 2019 - 3:07 PM

DBM Secretary Benjamin Diokno says the congressman's accusation is 'absolutely false'

House committee on appropriations chairperson Rolando Andaya Jr makes fresh allegations against DBM Secretary Benjamin Diokno on February 8, 2019. Photo by Darren Langit/Rappler

Andaya-led House panel summons Diokno to 2019 budget probe

Feb 07, 2019 - 1:20 PM

'Failure to comply with this order is subject to penalty under the law,' the subpoena signed by Speaker Gloria Macapagal Arroyo warns Budget Secretary Benjamin Diokno

SUMMONED. The House committee on appropriations issues a subpoena to DBM Secretary Benjamin Diokno. File photo by Angie de Silva/Rappler

Sandiganbayan acquits former DBM, TRC execs of graft over PDAF scam

Feb 06, 2019 - 10:35 PM

Former budget undersecretary Mario Relampagos is cleared of 4 counts of graft, while former Technology Resource Center chief Dennis Cunanan is cleared of 6 counts of the same offense

PORK BARREL SCAM. This file photo shows the anti-graft court Sandiganbayan. File photo by Darren Langit