• 29 July 2015
MANILA, July 29 --  President Benigno S. Aquino, III through the Department of Budget and Management (DBM), submitted on Tuesday the proposed P3.002-trillion 2016 National Budget to Congress, as the Administration continues to expand the national economy and sustain governance and budget reforms instituted over the last five years. The proposed 2016 National Budget is double the budget of the past six years, from P1.541 trillion of the 2010 General Appropriations Act (GAA) to the P3.002 trillion planned for next year. This is also 15.2 percent higher than the 2015 enacted budget. On the other hand, the GDP share of 19.5 percent in 2016 will take up a larger share of the economy as compared to 18.7 percent of the GDP in 2015 and 16.4 percent of the GDP (actual obligations) in 2010. “The National Budget is one of our major instruments in creating truly inclusive growth. Our spending blueprint for 2016 will therefore be integral in the administration’s continuing journey on Daang Matuwid. With this budget, the National Government will try to widen its reach so that the benefits of our economic development will truly be felt by as many of our countrymen as possible,” Budget ...Read more

BBL remains top priority of Aquino administration

 CENTRAL  29 July 2015
MANILA, July 29  -- President Benigno S. Aquino III  in his last State of the Nation Address (SONA), trumpeted the Bangsamoro peace process as one of the successes and legacies of his administration and renewed his call on Congress to pass into law the proposed Bangsamoro Basic Law (BBL). “May ...Read more

Jalaur II still PNoy’s priority in WV

 R06  29 July 2015
ILOILO CITY, July 29 (PIA6) – The Jalaur River Multi-Purpose Project Stage II (JRMP II) in Iloilo remains to be a priority project of the Aquino Administration in Western Visayas.JRMP II Public Relations Officer Steve E. Cordero said in a press report that in his State of the Nation Address (SONA) ...Read more