Tag: public finance reform
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Philippine Senate: 2026 National Budget Shields Against Allocables, Ghost Projects and Patronage
New safeguards mark a turning point for the 2026 national budget The Philippine Senate and the bicameral conference committee have approved a National Budget for 2026 totaling 6.793 trillion pesos. In a move described by lawmakers as resolute and overdue, the agreement includes strong, enforceable safeguards designed to deliver transparency, traceability, and citizen oversight. Senators…
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Finance Ministry blasts IDF overspending—and unveils 2026 budget with new bank tax
Overview: A watershed moment in Israel’s 2026 budget planning The Finance Ministry released the guiding principles for Israel’s 2026 state budget, setting the stage for a political and budgetary showdown with the Defense Ministry. Senior treasury officials publicly accused the military of inefficiency and, in some descriptions, criminal-like practices of overspending. The debate highlights a…