Tag: economic planning
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Palace Says 2026 Budget Near Final Approval Ahead of Signing
Overview: A Budget Set for Final Approval The Marcos administration is in the final stages of reviewing this year’s Congress-ratified P6.793-trillion national budget, with a signing ceremony anticipated the day following the review. As the executive prepares to seal the plan into law, lawmakers and Cabinet members are mindful of fiscal safeguards, priority programs, and…
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Bicam Report on 2026 Budget Signed; Ratification Now Next Step
Overview: A Milestone in the 2026 Budget Process The bicameral conference committee report on the disagreeing provisions of the 2026 national budget was finalized on Sunday, December 28, after representatives from the House of Representatives and the Senate signed the document. This milestone brings the government closer to a formal budget framework for the next…
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The Huge Risks of Ordering State Banks Around
Introduction: A Policy That Shapes the Banking System Recent moves by Indonesian authorities to direct state banks to fund the construction of red-and-white cooperative warehouses raise serious concerns about governance, risk management, and the long-term health of public finance. While the goal of national development projects can be compelling, instructing state-owned banks to fund a…