• 28 September 2016
MANILA, Sept. 28 - President Rodrigo R. Duterte bestowed a Letter of Felicitation and a Centenarian gift worth P100,000 to eldest Filipino centenarian Lourdes Marquez during the ceremonial signing of the Implementing Rules and Regulations (IRR) of Republic Act (RA) 10868 or the Centenarians Act of 2016 on September 26, at the Malacañang Palace. The signing of the IRR was set before the observance of Elderly Filipino Week, which is annually held on Oct. 1 to 7. Coincidentally, the National Respect for Centenarians Day is also held on the first Sunday of October. The law grants all 100-year old Filipinos, whether living in the country or abroad, PhP100,000 as a birthday gift and a letter of felicitation from the President. Centenarians will also receive an additional cash gift and a plaque of recognition from their respective local government units. Aside from DSWD, the Department of Interior and Local Government (DILG), Department of Health (DOH) and Commission on Filipinos Overseas (CFO) will also aid in carrying out the Centenarian Law. Article XV of the 1987 Constitution states: "The family has the duty to take care of its elderly members but the State may al ...Read more

NEDA Director-General answers questions on poverty reduction

 CENTRAL  28 September 2016
PASIG CITY, Sept. 28 - From the perspective of an economist, where is the Philippines now and where is it going?  And why is it important that the people know?  These are just a few of the questions that National Economic and Development Authority Director-General and concurrent Socio-Economic Pl ...Read more

GG debt at P4.9-T in end-June

 CENTRAL  28 September 2016
MANILA, Sept. 28 - General government (GG) debt relative to the country’s whole economy further declined to 35.4 percent even as the nominal level of debt increased to almost P4.9 trillion in the year’s first semester, according to the Department of Finance (DOF). The ratio of outstanding G ...Read more
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