[In This Economy] The 2027 budget: Hocus-pocus prevails once more
This year, as the outrage over the flood control scandal fades, and as politicians train their sights on 2028, expect budget hocus-pocus to prevail
This year, as the outrage over the flood control scandal fades, and as politicians train their sights on 2028, expect budget hocus-pocus to prevail
‘The practice of punishing districts and communities for any opinions or votes contrary to majority positions that are expressed by their representatives should be ended,’ NUP says
World Bank division director Zafer Mustafaoglu says the Philippines should keep unprogrammed funds ‘at the minimum viable level’ and clearly identify their purpose to preserve budget credibility
(1st UPDATE) The Office of the Ombudsman previously named former House speaker Martin Romualdez as the ‘central figure’ in the multibillion flood control corruption scandal
Suitcase testimony can explain the mechanics, but bank records, property purchases, foreign-exchange transactions, corporate ownership, and communications must supply corroboration