World Bank Urges Results-Based LGU Funds Amid Pork Barrel Concerns
The World Bank recommended results-based allocation for the proposed P58-billion Local Government Support Fund (LGSF) in the 2027 budget, citing concerns over political patronage. Transparency, efficient spending, and inter-LGU cooperation are deemed crucial.
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
- BOI Investment Approvals Hit P900B in First Nine Months, On Track for P1 Trillion Target
The Philippine Board of Investments (BOI) approved P900.06 billion in investments from January to September, a 53.05% surge from the same period last year, positioning the agency to meet its P1 trillion full-year target.
- BSP Bans 5 Unlicensed Money Service Operators from Registration
The Bangko Sentral ng Pilipinas (BSP) has permanently disqualified five money service businesses from registering with the central bank due to unauthorized operations. This ban also extends to sole proprietorships owned by the operators, signaling an intensified regulatory oversight on financial service providers.
- DTI, DOT Collaborate for Creative Industries Boost via Raniag Tour
The Department of Trade and Industry (DTI) and the Department of Tourism (DOT) in the Philippines are strengthening collaboration through the "Raniag Tour" initiative to boost the nation's creative industries, aiming for regional economic development and cultural promotion.
- 承認された投資誓約は1月から9月で9000億ペソに達した。 2026 --BOI
投資委員会（BOI）は火曜日、2026年1月から9月までに承認した投資公約がすでに9000億6000万ペソに達し、通期目標の1兆ペソに近づいていると発表した。 最初の９カ月の数字は前年同期比５３．０５％増で、通期の投資約束目標の９０％を達成した。