Barangay IRA hiked to P68.3 B next year

02 August 2013, Comment are Off
Share of the country’s 42,028 barangays from internal revenues will go up to P68.3 billion next year, or a P7.8 billion increase from this year’s P60.5 billion, Senate President Pro Tempore Ralph Recto revealed today. While some quarters have viewed this kitty as a major reason...

On BOC reforms

31 July 2013, Comment are Off
The big picture is that Customs is under orders to collect P408 billion next year. That’s a P68 billion jump from their P340 billion quota this year. One peso in every five tax pesos that will be collected next year will come from the BoC. This can be viewed from another angle,...

Gov’t to hire 33,194 teachers, build 43,183 classrooms, buy 42.6 M books next year

30 July 2013, Comment are Off
Senate President ProTempore Ralph Recto today described the proposed education budget for 2014 as a “big shopping cart of school supplies” that will close manpower and equipment gaps in public schools. Recto said the Department of Education will hire 33,194 teachers and 1,500...