underspending - updates

Rappler's latest stories on underspending

ARTICLE FINDER

[OPINION] How Duterte is wasting our hard-earned taxes

Jul 26, 2018 - 12:00 PM

To address this, President Duterte must rethink his priorities, go after the corrupt, and zero in on the various bottlenecks that make spending difficult

Expert says gov't continues to spend less amid infra program

Jul 23, 2018 - 6:19 PM

Economist JC Punongbayan says government spending improved, but underspending remains a problem. When government underspends, delivery of services is delayed.

SONA. UP Professor and Economist JC Punongbayan talks to Rappler's Maria Ressa on state of the country's economy before the State of Nation Address on July 23, 2018. Rappler screengrab

Gov't underspending leads to narrower budget deficit as of April

May 23, 2018 - 8:05 PM

The Philippines' budget deficit from January to April is at P115.9 billion, lower than the P167.1-billion projection

DBM: Gov't underspending down to 3% at P85.2 billion in 2017

Feb 28, 2018 - 11:36 AM

If the debt burden is excluded, underspending in 2017 only amounts to P39.9 billion or less than 2% of the full-year fiscal program of P2.91 trillion

UNDERSPENDING. The government recorded a lower underspending rate for 2017. File Photo by Aika Rey/Rappler

Senate panel OKs P60-B agriculture budget

Sep 20, 2017 - 5:34 PM

'We'll have to make do with whatever was given to us,' says Agriculture Secretary Emmanuel Piñol

Senators set to grill gov't agencies on underspending

Jul 27, 2017 - 1:10 PM

Senate President Pro Tempore Ralph Recto says the issue of government underspending is crucial in the Senate debates on the tax reform bill

File photo

Underspending still a challenge in the Philippines

Apr 18, 2016 - 12:25 AM

Underspending has long been a problem of the Aquino administration with the government repeatedly saying bottlenecks are being addressed

INFRASTRUCTURE DEVELOPMENT. In an effort to address underspending in 2014, the government earlier says it would increase infrastructure investments of the projected gross domestic product (GDP) in 2015. File photo by Francis Malasig/EPA

Gov’t subsidies to GOCCs at P55.82B as of September

Nov 08, 2015 - 11:27 PM

The level of subsides given was 10 27 lower than the same period last year while gov’t spending is 14 below target as of the end of September

ING Bank forecasts 6% PH GDP growth in Q3

Oct 05, 2015 - 8:45 PM

The Manila office of the Dutch financial institution says the growth accelerates on the back of increased government spending for the first 8 months of 2015

GROWTH. The Manila office of the Dutch financial institution says the third quarter growth accelerates on the back of increased government spending for the first 8 months of 2015. Image from ING Bank Flicker account

Gov't underspending is 'epic incompetence' – Diokno

Aug 07, 2015 - 3:14 PM

The former budget secretary says Filipinos bear the brunt of government s underspending

NEW PLAN. President Benigno Aquino III signing into law the P2.606-trillion budget for 2015. File photo by Rappler

PH gov't hits P13.75B surplus in H1

Aug 06, 2015 - 3:28 PM

Increased efforts to speed up spending in June are not enough to offset government underspending in the first 5 months of 2015

PH underspending, INC anniversary, PH vs China | 12PM wRap

Jul 27, 2015 - 12:41 PM

Watch the 12PM edition of Rappler s newscast The wRap

Give to sick to solve gov’t underspending – Recto

Jun 13, 2015 - 5:49 PM

Senator Ralph Recto says more money should be allotted for waiting deserving visible patients who can spend the unused budget fast

FOR THE SICK. Senator Ralph Recto said that   a portion of the unused national budget should be allocated for the public health. File photo by Alex Nuevaespaña/PRIB

Philippine inflation unlikely to go lower than 1.6%

Jun 07, 2015 - 7:32 PM

Economists cite the good and the bad of inflation hitting a 20 year low

GOOD AND BAD. The lower-than-expected Philippine inflation rate in May has its positive and negative implications, economists say. File photo by Rappler

May inflation drops to 1.6%, lowest in 20 years

Jun 05, 2015 - 2:10 PM

Sufficient supply of key food items lower electricity and fuel prices ease inflation NEDA reports

Aquino: PH still mulling AIIB invitation

Jun 03, 2015 - 8:24 PM

President Benigno Aquino III says the country s bad experience with the Northrail project and its territorial dispute with China have made him think twice about joining the China led Asian Infrastructure Investment Bank

(TOKYO, Japan) President Benigno S. Aquino III delivers his keynote speech during the Nikkei 21st International Conference on the Future of Asia – Special Session at the Ascot Hall of the Okura Hotel for his State Visit in Japan on Wednesday (June 03, 2015). With theme: “Asia Beyond 2015: The Quest for Lasting Peace and Prosperity.” (Photo by: Ryan Lim / Malacañang Photo Bureau)

Aquino gov't fails to meet spending targets by 66%

May 25, 2015 - 7:00 PM

The Aquino administration continues to underspend as the deficit in the previous quarter stands at P33 5B versus the P98 1B target for the period

ADB: Private consumption to boost PH economy in 2015

Mar 24, 2015 - 5:22 PM

Factors that powered private consumption in 2014 will continue this year the Asian Development Bank says in a report as it forecasts 6 4 GDP growth for the country in 2015

Gov’t underspending narrows deficit to 0.6% of GDP in 2014

Mar 13, 2015 - 10:44 AM

To address underspending in 2014 the government says it will increase infrastructure investments by 4 of GDP in 2015

Infrastructure investments to increase 4% of GDP in 2015

Feb 03, 2015 - 4:24 PM

The Department of Budget and Management says it has released P2 trillion or 78 of the 2015 budget to address procurement and implementation delays

DOTC ramping up bidding for 7 ports

Jul 02, 2012 - 8:08 PM

Amid criticisms of underspending the agency is ramping up bidding for ports

Gov't aims to spend most of 2012 budget by end-June

Mar 26, 2012 - 1:35 PM

Budget Secretary Florencio Abad said this strategy would help agencies take advantage of the good weather to roll out infrastructure projects