From @pcogovph#PBBMGoodNews
PART 1
PBBM ADMIN overcame one of its biggest challenges in 2023โelevated inflation due in part to the disrupted global markets that resulted in supply chain bottlenecksโthrough carefully crafted inflation mitigation measures anchored on mitigating the impact on vulnerable populations.
#BagongPilipinas
From a high of 8.7 percent in January 2023, inflation decelerated to 4.1 percent in November 2023, well within the Bangko Sentral ng Pilipinas (BSP)โs forecast of 4.0 to 4.8 percent for last month.
This brings the year-to-date (YTD) inflation rate to 6.2 percent, aligned with the Development Budget Coordination Committee (DBCC)โs assumption of 6.0 percent for full year 2023.
โThe slower inflation for the month of November is a testament to Marcos Jr. administrationโs whole-of-government effort to moderate rising commodity prices while protecting the most vulnerable sectors from its effects,โ Finance Secretary Benjamin E. Diokno said in an earlier statement.
The national government created the Inter-agency Committee on Inflation and Market Outlook (IAC-IMO) in May under Executive Order (EO) No. 28 as a proactive measure to fight inflation.
Co-chaired by the Secretaries of the Department of Finance (DOF) and the National Economic and Development Authority (NEDA), the IAC-IMO serves as an advisory body to the Economic Development Group (EDG) on measures that will keep inflation, particularly on food and energy, within the governmentโs target range.
The IAC-IMO is committed to promoting the modernization of agriculture and improving its productivity to help manage inflation and ensure food security for the country, considering the looming threat of the ongoing El Niรฑo. This is partnered by the implementation of specific measures in the El Niรฑo Mitigation and Adaptation Plan and the expedition of governmentโs responses to mitigate the impact of calamities and natural disasters.
To regulate food inflation, President @bongbongmarcos issued EO 39 in September, imposing a price cap on rice. The price cap was geared at addressing non-competitive practices by some market players and complemented by measures to discourage hoarding, thereby reducing the price of rice. The price ceiling was a short-term measure and was subsequently lifted after a month.
In December 2022, the President @bongbongmarcos issued EO 10 which extended the reduced Most Favored Nation (MFN) tariff rates on rice as well as corn and pork to reduce inflationary pressures on domestic food prices. The lower tariff rates were further extended under EO 50, issued on December 22, 2023, to mitigate the impact of the ongoing strong El Niรฑo on domestic food prices.
President @bongbongmarcos also signed EO 13 in January 2023 to extend the lowered MFN tariff rates for mechanically deboned meat of chicken and turkey until December 31, 2024 to help ensure a continued supply of essential food products at affordable prices, diversity in market sources, and help businesses in processed meat products recover and sustain their operations.
The government redoubled efforts on warehouse investigations and forfeiture procedures, filing of charges against market players on alleged reports of anti-competitive practices, and strict price monitoring of imported rice in the logistics chain to ensure that the lowered tariff rates do not translate to higher profit margins for importers, traders, and middlemen.
The government has also begun working on a rice importation agreement with India, while the IAC-IMO is continuously coordinating with the concerned agencies in the streamlining of guidelines and processes of importation through reviews of past issuances on import processes, and the possible expansion of Unilateral Minimum Access Volume (MAV) of select commodities, in consultation with stakeholders.
Korekโ ๐ฏ
Ang Proyekto PUNDO ang kabalikat nyan...
Kaya lahat na INFRAS ay Utang tru ODA or PPP's...
WALANG ACCOMPLISHMENT pagka WALANG PUNDO!..
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๐ต๐ญ๐ฏ๐ต๐ญ๐ฏ๐ต๐ญ
Debts in 2021--- P 11.7 T
Debts in 2022--- P 13.4T
Debts in 2023--- P 14.4T
Payments made 2023 - P 1.4 T
YOU BE THE JUDGE...
DO YOUR OWN SPIN...
5TH GRADERS KNOW IT
Gandang Umaga mga KA-TOWNHALL
GAME NA BA KAYO SA
PROPAGANDA WAR NG
DILAWANS / PINKLAWANS
AT MGA WEAKWANS.
#PBBMgoodNews
PBBM sinasabi nila 'weak' pagka mangutang SIGURADO bayad.
Unprogrammed funds SAPAT ang SAFEGUARDS ma prevent ang Unsconstitutional Spending
Feyk DDS! walang Tiwala sa DBM!!
DDS-Dating Dilawan SILA @mongramosjr@CarlosAKatigbak@Michael550265
@ImPartOfYouth__
PBBM inspects the ongoing construction of the Pambansang Pabahay Para sa Pilipino Housing (4PH) Project.
Strategically situated in a 9.8-hectare land, the project is composed of 27 buildings with around 8,000 housing units that can accommodate more than 10,000 Filipino families.
๐ San Fernando, Pampanga
WHAT'S NEW IN THE HOUSE. Ten more local government units (LGUs) have signed up to be partners of #DHSUD in its mission to build one million houses every year under PBBMโs Pambansang Pabahay para sa Pilipino Program.
Read the full story here: https://t.co/MUVPiZ3zFq
NEWS UPDATE: Pinalawig ni Pangulong Ferdinand R. Marcos Jr. ang pagpapatupad ng temporary modification of rates ng import duty para sa ibaโt ibang produkto sa bansa kabilang ang bigas, mais, at karne hanggang Disyembre 2024.
1/4
The year 2023 has proven to be a smooth sailing journey for the Philippine Navyโs modernization program aimed at acquiring state-of-the-art assets that would help protect the countryโs vast waters from various threats.
https://t.co/Ae6jc5ssK0
President Ferdinand R. Marcos Jr. has ordered national government agencies to conduct an analysis on the operationalization of the full devolution initiative and come up with the list of functions that should be devolved to the local government units.
https://t.co/sDmhxmX6Ur
#PBBMgoodNews#BagongPilipinas
One American (company), which will be Manufacturing E-buses, E-heavy equipment, and even cars. And they want to participate in the modernization of our transport,โ Panga said, identifying the American firm as Envirotech Vehicles, Inc. (EVT).
More than 440,000 indigent senior citizens in the six provinces of the Bicol Region received government assistance this year through the Department of Social Welfare and Development's (DSWD) Social Pension for Indigent Senior Citizens (SPIC) program.ย
https://t.co/FTLqxwWz3r
PBBM has ordered National Government Agencies (NGAs) to conduct an analysis on the operationalization of the full devolution initiative and come up with the list of functions that should be devolved to the Local Government Units (LGUs).
Read more: https://t.co/bPWUTGCdZl
BAKA Hindi ALAM ng iba ang Transport Modernazation sa DAVAO CITY ay na approve ang loan sa ADB $1 Billion
Ayaw sa Transport Modernization tyak AYAW din sa MARCOS at DUTERTE!
Sinoยฒ sila??
Me;.. Dila, one at cpp/npa ndf na matagal na kalaban at gigil sa Marcos at Duterte
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Ngayong Pasko, buksan natin ang ating mga puso at tahanan, at ipadama ang pagmamahal at saya sa ating mga kababayan, lalong lalo na sa lubos na nangangailangan.
Maligayang Pasko sa inyong lahat!
Ito ang aming pangako - na sa bawat hakbang na tatahakin, nasa isip at puso ang kapakanan ng bawat Pilipino para sa inaasam na Bagong Pilipinas.
Maligayang Pasko, maligayang Bagong Pilipinas sa ating lahat!