DA Taps Watchdogs to Scrutinize Farm-to-Market Road Budget
The Department of Agriculture (DA) is collaborating with budget watchdog organizations to enhance the review of farm-to-market road (FMR) budget proposals. The initiative aims to identify and correct discrepancies, such as proposals for unbuildable locations and mistyped coordinates, as part of broader transparency efforts following past corruption scandals.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- PSEi Dips as Investors Await Inflation Data, Factory Output Woes
The Philippine stock market closed lower as investors adopted a cautious stance ahead of the release of October inflation data. Weak factory activity, contracting for the second consecutive month, also weighed on sentiment, pushing the benchmark index down by 0.99%.
- Philippines' Growing Rice Demand Fuels Surge in Cambodian Exports
The Philippines' increasing demand for rice is significantly boosting Cambodian rice exports, making Manila its largest market within ASEAN. This shift sees a decrease in re-exports via Vietnam and a rise in direct procurement.
- BSP Not Yet Considering Rate Cuts Amid Inflationary Pressures
The Bangko Sentral ng Pilipinas (BSP) is not yet considering interest rate cuts, as monetary tightening remains necessary to contain inflation. Inflation is expected to remain elevated in the coming months, with the policy rate currently at 5.50%.
- Palace Urges Budget Watchdogs to Scrutinize 2027 Budget 'Red Flags'
The Philippine Presidential Palace urged budget watchdogs to report any "red flags" in the proposed P7.2-trillion national budget for 2027. President Ferdinand Marcos Jr. stated he would take note of any alleged anomalies flagged by these groups.