DBM: Gov't P5.336-T disbursement hits 2023 target behind robust infra

THE GOVERNMENT recorded PHP5.336-trillion disbursements in 2023, hitting its full-year target and effectively surpassing the 2022 outturns behind “significant expansion” in the infrastructure program, according to the Department of Budget and Management (DBM).

PH settles P1.60Tr debt in 2023

THE NATIONAL government paid a bigger amount of its debt obligations last year, the Bureau of Treasury data showed.