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The Philippine government is reviewing whether to seek a supplemental budget from Congress for its UPLIFT program. This follows an earlier plan to obtain funding from the Asian Development Bank instead.

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The Finance Ministry published Decree 0618 of 2026 that establishes the Spending Austerity Plan for fiscal year 2026 aimed at entities in the National General Budget.

The prime minister sent a framing letter to each government member to limit funding requests deemed unrealistic given the urgency of public finances.

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The Ministry of Finance has changed its position on removing the 25 percent customs duty on imported mobile phones.

 

 

 

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