• 06 October 2015
MANILA, Oct. 6 -- Budget Secretary Florencio 'Butch' Abad hailed the Aquino Administration’s governance and fiscal reform efforts as the Philippines leaps five notches in the global competitiveness ranking.The Philippines placed 47th out of 140 competitive economies in this year’s Global Competitiveness Index released by the World Economic Forum (WEF)."This is proof of the success of our fiscal and governance reforms," Abad said.The Budget Secretary also said that along with the improvements in the country's fiscal and budget transparency rankings, the said report shows that the world supports the Philippines' drive for good governance.However, Abad admits that there is still more work to be done from streamlining the bureaucracy, to improving the country’s infrastructure."But we are heartened by the global recognition of our efforts that is solidifying our reputation as one of the world’s most promising economies,” he added.WEF’s Global Competitiveness Report for 2015-2016 noted the Philippines as moving up by five places to No. 47 out of 140 economies this year, from No. 52 out of 144 in 2014. This report affirms the goal of the National Competitiv ...Read more

DA gives P300 M to banks for agriculture, fisheries financing program

 CENTRAL  06 October 2015
QUEZON CITY, Oct. 6 -- The Department of Agriculture (DA) together with Agricultural Credit Policy Council (ACPC), has turned over a total of P300 million to partner cooperative banks for the implementation of the Agriculture and Fisheries Financing Program–Cooperative Banks Agri-Lending Program ...Read more

Pulse Asia survey results show improved people’s approval of government programs

 CENTRAL  06 October 2015
MANILA, Oct. 6 -- Communications Secretary Herminio Coloma Jr. on Monday said the results of a recent Pulse Asia survey reflect the Filipino people's better appreciation of the government's programs."We note the results of the latest Pulse Asia survey conducted last September 8 to 14, which ...Read more