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Christmas food
Christmas shoppers line up to buy ham for "noche buena" —PHOTO FROM PNA.GOV.PH
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December 26, 2023December 26, 2023Economy

Christmas food and agricultural productivity

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What do Filipino households spend most on during Christmas? You guessed it: food.  The Philippines is also the country that proportionately spends the most on Christmas food, according to a 2023 worldwide survey of 23 countries by WorldRemit. The survey classified Christmas spending according to three categories: food, decorations and gifts. A Filipino household on...

budget
Cover of the P5.768-trillion National Expenditure Program for Fiscal Year 2024 which Malacanang submitted to Congress last June. —DBM.GOV.PH PHOTO
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December 19, 2023December 19, 2023Opinion

Music and lyrics from the 2024 budget

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An interesting way to understand the 2024 budget is to look at it as a menagerie of songs.   For the President, it is the song “I Did It My Way.” The 2024 budget stands at ₱5.768 trillion, which is equivalent to what he proposed to Congress in June. This amount is ₱1.5 trillion higher than the revenues...

funds
Vice President Sara Duterte, who is also the education secretary, defends the confidential fund of her department. —PHOTO FROM PNA.GOV.PH
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September 30, 2023September 30, 2023Opinion, Politics

What to Know: Are confidential funds secret funds not subject to audit?

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The use of confidential funds (CF) by the Office of Vice President Sara Duterte, concurrently the secretary of education, continues to be in the news and in social media posts. While most of the comments dwell on the P125 million in confidential funds supposedly spent in an 11-day period in December 2022, among the other...