Vietnamplus

The Philippines will use over 11% of the proposed national budget for 2023 to repay its debts, the Department of Finance said on August 25.

The Ministry of Industry and Trade (MoIT) is collecting opinions on the draft National Energy Master Plan for 2021-2030 with a vision to 2050 to ensure national energy security.

The national financial plan has been proposed for the 2021-2025 period.

The Thai Senate approved a national budget bill for fiscal year 2021 after a six-hour debate in the Parliament on September 21.

The Asian Development Bank (ADB) has recently reduced its economic forecast for the Philippines to 6.2 percent this year from the previous 6.4 percent.

Deputy Prime Minister Vu Duc Dam urged medical facilities nationwide to step up preventive health care services and ensure adequate vaccines to prevent the spread of epidemics such as measles and dengue fever.

The National Assembly (NA) Standing Committee has established two policy monitoring groups.

State-owned enterprises (SOEs) have been a leading pillar of the national economy and they make large contribution to the national budget.

Philippine President Benigno S. Aquino III signed a national budget of 3,002 billion peso (63 billion USD) for 2016 on December 22.

The National Assembly's Committee for Finance and Budget approved the government's proposal to sell international bonds worth 3 billion USD to restructure domestic debts due during 2015 and 2016.