Senate Calls for Reforms Ahead of 2026 Budget
The Senate Economic Planning Office warns of tightening fiscal space and calls for structural reforms to protect the Philippines' long-term economic growth. Learn the key recommendations.
Category : Search result: fiscal consolidation
Cebu 2026 Budget Slashed by P10.12 Billion
Cebu Province's 2026 revenue projections plummet by P10.12B after inflated estimates from the previous Garcia administration. Governor Baricuatro proposes a 'realistic' P11.9B budget. Read the full report on the fiscal overhaul.
IMF Downgrades PH 2025 Growth Forecast to 5.1%
The IMF lowered its 2025 GDP growth forecast for the Philippines to 5.1% due to trade uncertainty and Q3 slowdown. Discover the outlook for 2026 and key reforms needed.
Cebu City OKs P13.4B Budget for 2026
Cebu City Council greenlights a P13.4 billion budget for 2026, prioritizing streamlined spending and manpower rationalization. Key allocations and amendments detailed.
Cebu Cities Cancel Christmas Parties for Disaster Funds
Talisay, Lapu-Lapu, and Cebu City forgo lavish Christmas celebrations, redirecting funds to disaster recovery in a move of fiscal prudence and compassion. Read their inspiring story.
Cebu City 2026 Budget Cut to P13.3 Billion
Cebu City Council reduces 2026 budget to P13.3B, citing unclear hiring plans and questionable manpower requests. Mayor Archival's fiscal policy drives cuts while key programs receive boosts.
Cebu City 2026 Budget Slashed to P13.3 Billion
Cebu City Council trims 2026 budget to P13.3B, citing unclear manpower requests and procurement plans. Essential services like police and health get boosts. Learn more.
Marcos Appoints New Economic Team for Fiscal Stability
President Marcos appoints new economic officials to strengthen fiscal management and investor confidence, ensuring continued Philippine economic growth. Learn more about the changes.
Business Groups Reaffirm Confidence in Philippine Economy
Major Philippine business organizations express strong confidence in the country's economic foundations despite political uncertainty. Finance Secretary Recto assures fiscal consolidation is on track.
Panabo City Unveils Revamped Investment Code to Lure Investors
Panabo City launches aggressive investment campaign with expanded fiscal incentives, 10-year tax holidays, and digital business processing following its first-class city status upgrade.
Cebu Councilor Neutral on P2.5B Loan: Fiscal Prudence?
Cebu City Councilor Noel Wenceslao takes a neutral position on the controversial P2.5 billion loan, emphasizing the need for thorough study and transparency in the city's financial decisions.
Escudero's Single National Budget Proposal Sparks Debate
Senator Francis Escudero's controversial plan to consolidate national and local budgets sparks intense debate about fiscal efficiency versus local autonomy in the Philippines.
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