• 28 August 2015
MANILA, Aug. 28—Following the announcement on the Philippines’ 5.6-percent gross domestic product (GDP) growth in the second quarter, Department of Budget and Management (DBM) Secretary Florencio “Butch” Abad on Thursday noted that strong government spending helped bolster economic expansion in the same period, adding that the Aquino administration will continue to ramp up efforts to ensure faster disbursements.  “Robust government spending was a driving force in our GDP growth in the second quarter. As departments and agencies catch sup on their spending programs, we find ourselves well-placed to support deeper and broader development in the country. Our challenge now is to exceed ourselves in the coming quarters. More than ever, it will be crucial for us to ramp up disbursements and clear more spending bottlenecks, so we can stimulate the economy towards further growth,” Abad said.  He added that given the uncertainty and volatility of the global market, the country’s strong economic performance is itself an achievement.  The Budget chief made particular note of the 20-percent growth in public infrastructure in the second quarter, as reported by the National E ...Read more

Aquino inspects resettlement project for ISFs along Manggahan Floodway

 NCR  28 August 2015
PASIG CITY, Aug. 28 (PIA)--President Benigno Aquino III yesterday inspected a relocation site for informal settler families (ISFs) living along Manggahan Floodway. The project is now home to some 120 former Informal Settler Families (ISFs) living along the Manggahan Floodway. Aquino said the proje ...Read more

Gov't determined on finding solutions to traffic woes, flooding

 CENTRAL  28 August 2015
MANDALUYONG, Aug. 28—President Aquino told students of the Rizal Technological University (RTU) on Thursday that several proposals would be presented to him soon by concerned government agencies and stakeholders on how to address the traffic gridlock and flooding in Metro Manila. "Malapit nang ip ...Read more