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GOVT ALLOTS P138.77 BILLION FOR HIGHER EDUCATION PROGRAMS, STUDENT SUBSIDIES

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 Dateline Kamuning: As a commitment of the administration of President Ferdinand R. Marcos Jr. to put a high premium on the education of Filipino children, a total of P138.77 billion has been allocated for Higher Education programs and initiatives under the 2023 General Appropriations Act (GAA). “This reflects the Administration’s commitment to empower our youth. President Bongbong Marcos himself said that education is the only legacy we can leave our children that will never go to waste. Indeed, education is our best investment for the nation,” Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said. "This is likewise in consonance with the promise of Vice President and Education Secretary Sara Duterte to help the sector produce graduates that are employable," Secretary Pangandaman added. The P138.77 billion budget for Higher Education will go to State Universities and Colleges or SUCs (P107.04 billion) and the Commission on Higher Education or...

PBBM SIGNS P5.2 TRILLION 2023 NATIONAL BUDGET

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    Dateline Kamuning:     President Ferdinand R. Marcos Jr. signed today the P5.2 trillion 2023 General Appropriations Act (GAA), which will fund the administration’s recovery plan next year as the country emerges from the effects of the coronavirus pandemic. Among the priority sectors under the administration’s first national budget are education, public works, health, social welfare, agriculture as well as transportation. In his speech during the ceremonial signing of the GAA in Malacanang, President Marcos said its passage is essential because it will serve as a roadmap of what the government intends to do next year.     The government, Marcos said, has listed its plans for next year and it is now slowly moving toward realizing its goals such as carrying out all the needed structural changes. The signing into law of the General Appropriations Act is important because it will provide the government with a tool to transform the economy, the chie...