The DBM (Department of Budget and Management) admitted on Tuesday that they made a “clerical error” in listing former Compostela Valley Rep. Manuel “Way Kurat” Zamora as the one who received a whopping P3 Billion in pork barrel funds during the year 2007. Budget Secretary Florencio Abad Jr. clarified that the DBM made a mistake … Read more
The Philippines Department of Budget and Management (DBM) is currently proposing about P403 billion in infrastructure projects in 2014 to boost the country’s competitiveness, spur investments, create jobs and improve the country’s economy. According to Budget Secretary Florencio Abad, they are also proposing P607 billion for infrastructure spending in 2015 and P834 billion in 2016. … Read more
The State Colleges and Universities (SUC) of the Philippines got a boosts on it’s yearly budget according to Budget Secretary Florencio B. Abad on a statement made on Monday, March 25, 2013. Sec. Abad confirmed that contrary to the public perceptions of low budget for state colleges and universities (SUC) due to supposedly limited tuition … Read more