Duterte gov’t struggles to rise from spending slump

Duterte gov’t struggles to rise from spending slump

By PressOnePH Business The Duterte administration is struggling to get out of a spending slump precipitated by a budget hold-up early in the year, with infrastructure outlays crucial to economic growth still on a decline for the first eight months. Latest data from...
Gov’t to delay submission of 2020 budget

Gov’t to delay submission of 2020 budget

By PressOnePH Business President Rodrigo Duterte signs the 2019 General Appropriations Act at Malacañan Palace on April 15, 2019. (King Rodriguez/Presidential Photo) THE DUTERTE administration is delaying submission of its proposed 2020 budget to Congress, but budget...