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No intermediary to stop corruption (Eagle News) – President Rodrigo Duterte said subsidies and financial aid for the poor and other sectors should be digitized and pass through banks so the recipient can get their benefits directly. In his address to the nation, the President said this after the report of the Department of Finance that recommended direct distribution to beneficiaries through banks for future subsidy programs, including those related to COVID-19. -Wage subsidy […]
By Meanne Corvera Eagle News Service The Bangko Sentral ng Pilipinas on Tuesday, June 5, said the country’s inflation outlook “continues to be a concern and requires close attention.” This even if BSP Governor Nestor Espenilla said that while the average inflation of 4.1 percent in the first five months of the year was still above the BSP’s 2 to 4 percent target for the year, it was “maybe not going to be as bad as […]
