Philippines to Exclude Noncompliant Infrastructure Projects from 2027 Budget
The Philippines' Department of Public Works and Highways (DPWH) has committed to removing infrastructure projects with incomplete documentary requirements from the proposed 2027 national budget, following an agreement with the Senate Committee on Finance, aiming to enhance transparency and efficiency.
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
- Senate Leaders Vow to Remove Budget Items Lacking Documentary Support
Philippine Senate President Sherwin Gatchalian and Senator JV Ejercito pledged to eliminate provisions in the proposed 2027 budget that lack supporting documents from LGUs and national agencies, aiming to enhance transparency and accountability.
- PSEi Slips to 5,600 Amid Looming Oil Price Hike, Mideast Tensions
Philippine stocks declined on Friday, weighed down by rising global oil prices and concerns over escalating Middle East tensions. The benchmark Philippine Stock Exchange Index (PSEi) shed 0.44 percent to close at 5,680.35.
- Legarda Pushes for Full PDIC, PhilHealth Fund Restitution in 2027 Budget
Senator Loren Legarda has reiterated her call for the full restitution and proper allocation of funds legally intended for the Philippine Deposit Insurance Corporation (PDIC) and Philippine Health Insurance Corporation (PhilHealth) during the deliberation of the proposed 2027 national budget, emphasizing the nation's responsibility to protect its citizens.
- Philippines' September Trade Deficit Widens Despite Record Exports
The Philippines' trade deficit in September widened by 10.3% year-on-year to $5.15 billion, as import growth outpaced record export earnings. Electronic products dominated both export and import categories.