President Ferdinand 'Bongbong' Marcos Jr. has rejected three provisions in the P5.268-trillion national budget law for 2023, including the use of revolving funds for DepEd TV of the Department of Education.
President Ferdinand "Bongbong" Marcos Jr. has rejected three provisions in the P5.268-trillion national budget law for 2023, including the use of revolving funds for DepEd TV of the Department of Education.
"Moreover, the DepEd TV is not a business-type activity of the DepEd, which may be considered within the contemplation of the General Provision on Revolving Funds in the FY 2023 GAA, which permits the establishment of a revolving fund from receipts derived from business-type activities," he said. Marcos said the agency is tasked to promote tourism as an engine of socioeconomic and cultural growth in the country.Meanwhile, Marcos also vetoed the Department of Labor and Employment -National Labor Relations Commission , Special Provision No. 1, “Use of Income,” Volume 1-A, Page 1157.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Marcos’ economic game plan: A digital government, private partnershipsPresident Ferdinand Marcos Jr. approves the Philippine Development Plan 2023-2028. A digital transformation agenda is set for 'fewer opportunities for corruption.'
Read more »
Marcos cheers 'Christmas gift' of P5.27 trillion state budget“I will have a merry Christmas because this is as fine a Christmas gift a president can receive from his legislature,” Marcos said in a speech after signing the bill.
Read more »
We really, really, really like it: Carly Rae Jepsen to headline Wanderland 2023After dropping hints for the past weeks, the Wanderland Music & Arts Festival confirms Carly Rae Jepsen is part of their 2023 lineup. Full story:
Read more »
Manulife IM expects peso to continue weakening in 2023 - BusinessWorld OnlineMANULIFE Investment Management expects the Philippine peso to continue weakening, albeit at a slower pace for the coming year, assuming that the US dollar remains strong. “If the US dollar were to remain strong through 2023, that typically bodes poorly for many emerging market currencies, for the Philippines specifically,” said Sue Trinh, co-head of global […]
Read more »
Anne Curtis is ready to return to acting in 2023 - Latest ChikaAnne Curtis has just confirmed her acting comeback! The celebrity mom took to social media to announce that she’s finally ready to own the acting stage once again. On Twitter, Anne reshared a fan’s post which asked for her return to the screen along with screenshots from her performance on It’s Showtime’s Magpasikat segment. […]
Read more »
300M pieces of P1,000 polymer banknotes to be released early 2023Some 300 million pieces of the P1,000 polymer banknotes are expected to be released to the public early in 2023, Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said Tuesday.
Read more »