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Robredo supporters organize 'Bayanihan Ride'

George Calvelo, ABS-CBN News
Updated as of Feb 27 04:44 PM

Supporters of Vice President Leni Robredo stop by the People Power Monument during their Bayanihan Ride on Saturday. Read more »

Drilon wants to know status of Bayanihan 2 spending before drafting of another stimulus act

ABS-CBN News
Posted at Feb 22 03:15 PM

Senator Franklin Drilon said Monday he would first like to know how much of the funds under Bayanihan 2 had been spent and disbursed before drafting a third COVID-19 stimulus measure. Read more »

Philippine economy seen contracting again in Q1, return to positive growth in Q2

ABS-CBN News
Posted at Feb 17 12:29 PM

Former Socioeconomic Planning Secretary Ernesto Pernia said the country could post year-on-year gross domestic product (GDP) growth in the second quarter as the government further eases restrictions and rolls out vaccines.  Read more »

One-fourth of Bayanihan 2 funds yet to be spent: Palace

Jamaine Punzalan, ABS-CBN News
Updated as of Feb 11 02:48 AM

The government has yet to spend about a quarter of the country's second, approximately P165-billion stimulus package for the COVID-19 pandemic, Malacañang said on Wednesday, adding that another cash injection remained "premature."  Read more »

Poe wants to know fund source, programs before drafting Bayanihan 3

ABS-CBN News
Updated as of Feb 10 12:14 PM

Senator Grace Poe said Wednesday she would like to know first where the funds will be sourced for the proposed Bayanihan 3 and where it will be spent. Read more »

Solons push for P420 billion in fresh COVID-19 stimulus

ABS-CBN News
Updated as of Feb 09 01:18 PM

A P420-billion stimulus package dubbed as Bayanihan 3 has been proposed in the House of Representatives to help the Philippine economy deal with the COVID-19 pandemic.   Read more »

Palasyo: 2021 buget, 'Bayanihan 2' tingnan muna kung sapat bago mag-'Bayanihan 3'

ABS-CBN News
Posted at Feb 08 09:34 PM

Tatlong panukala para sa 'Bayanihan 3' ang nakahain sa Kamara, kabilang ang isinusulong ni House Speaker Lord Allan Velasco.  Read more »

Pangilinan seeks probe on government underspending

Sherrie Ann Torres, ABS-CBN News
Posted at Feb 04 02:12 PM

Opposition Senator Francis Pangilinan said Thursday he would file a resolution next week to seek an investigation into the Duterte administration’s “underspending” of Bayanihan 1 and 2 funds. Read more »

DepEd says still processing Bayanihan 2 subsidies

Jaehwa Bernardo, ABS-CBN News
Updated as of Jan 26 02:19 PM

The Department of Education said Tuesday it would distribute subsidies under Bayanihan 2 to students after the application process for the financial aid is completed. Read more »

Gatchalian tells DepEd to speed up distribution of Bayanihan 2 subsidies

Jaehwa Bernardo, ABS-CBN News
Posted at Jan 20 01:19 PM

Sen. Sherwin Gatchalian urged the Department of Education to speed up its distribution of subsidies under the Bayanihan to Recover as One Act to students in basic education. Read more »

Travel restrictions to stay amid global inoculations against COVID-19: Duque

RG Cruz, ABS-CBN News
Posted at Jan 18 06:56 PM

The Health chief noted that vaccines may stop symptoms from manifesting, but evidence that they prevent transmission "is not sufficient." Read more »

Senators see 'no necessity' to discuss 3rd COVID-19 emergency law: Sotto

Katrina Domingo, ABS-CBN News
Updated as of Jan 13 02:17 PM

Senate President Vicente Sotto III on Wednesday said the Senate is not inclined to pass a third COVID-19 aid package since the validity of the Bayanihan to Recover as One Act (Bayanihan 2) has been extended until next year. Read more »

Over 54,000 students from private colleges, universities benefitted from Bayanihan 2: CHED

Jaehwa Bernardo, ABS-CBN News
Posted at Jan 13 12:22 PM

More than 54,000 students from private colleges and universities received subsidies under the Bayanihan to Recover as One Act, the Commission on Higher Education said Tuesday. Read more »

PH economic recovery to be slower than neighbors: HSBC economist

ABS-CBN News
Posted at Jan 12 02:28 PM

The Philippines is likely to experience slower economic recovery compared to its Asian peers, due to the slow recovery of services sector which is a major contributor to its growth, an economist said Tuesday. Read more »

2020 clear vision for 2021

Edmund Tayao
Posted at Jan 08 03:59 PM

We have to make sure that systemic reforms are pursued if charter change is pushed at this very late juncture of the Duterte administration. Read more »

Philippines trade deficit narrows to smallest in five months in Nov

Neil Jerome Morales and Enrico Dela Cruz, Reuters
Posted at Jan 08 11:13 AM

Philippine exports grew at the fastest pace in 10 months in November while imports contracted the most since August to yield the smallest trade deficit in five months, government data showed on Friday. Read more »

Pagpapalawig sa effectivity ng 2020 budget, Bayanihan 2, pirmado na ni Duterte

Joyce Balancio, ABS-CBN News
Posted at Jan 05 09:12 PM

Extended na hanggang ngayong taon ang effectivity ng 2020 national budget at ang Bayanihan to Recover as One Act o Bayanihan 2.  Read more »

SC halts increased taxes on POGOs under Bayanihan 2

Mike Navallo, ABS-CBN News
Updated as of Jan 05 07:32 PM

The Supreme Court on Tuesday has temporarily halted the collection of increased franchise taxes from Philippine Offshore Gaming Operators (POGOs) under the Bayanihan to Recover As One Act (Bayanihan 2), an SC source said, which would have raised billions in additional revenues for the government to address the coronavirus pandemic. Read more »

Philippines cuts export targets due to COVID-19 impact

ABS-CBN News
Posted at Jan 04 11:52 AM

The Philippines lowered its export target for 2022 to $103.9 billion from $130 billion, citing the impact of the COVID-19 pandemic. Read more »

Jan-Nov budget deficit exceeds P1T on weak revenue collection, spending uptick

ABS-CBN News
Posted at Dec 23 12:21 PM

MANILA - The Philippine budget gap from January to November breached the P1-trillion mark as tax and non-tax revenue collections remained weak amid slight improvement in government spending, the Bureau of the Treasury (BTr) said Wednesday.   Read more »