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Francis Burton Harrison, former governor-general, wrote to Senate President Manuel L. Quezon that same month about their missed chance to avoid a disaster that affected their administration, linking it to the Philippine National Bank situation. He noted that American critics in the Philippines had a limited perspective.
Former President Rodrigo Duterte, during his administration, explicitly voiced concerns over 5-6 lending, calling it "predatory." In response, the Department of Trade and Industry (DTI) and other government agencies implemented initiatives aimed at providing alternative, low-interest loan options for small entrepreneurs, such as the Pondo sa ...
An Act creating three (3) additional Shari'a Judicial Districts and twelve (12) Shari'a Circuit Courts therein, and appropriating funds therefor, amending for the purpose Articles 138, 147, and 150 of Presidential Decree No. 1083, otherwise known as the "Code of Muslim Personal Laws in the Philippines [84]", as amended, and the relevant ...
President Rodrigo Duterte created the Presidential Anti-Corruption Commission (PACC) through Executive Order No. 43 which was signed on October 4, 2017. This was a response to Ombudsman Conchita Carpio-Morales , and her deputies Melchor Arthur Carandang and Rodolfo Elman pursuing a fact-finding investigation on Duterte's alleged illegal bank ...
No. Title / Description Date signed Ref. 1 Abolishing the Presidential Anti Corruption Commission and the Office of the Cabinet Secretary.: June 30, 2022 [1]2 Reorganizing and Renaming the Presidential Communications Operations Office and its Attached Agencies into the Office of the Press Secretary, Abolishing the Office of the Presidential Spokesperson, and for Other Purposes
Approving the Merger of the Home Guaranty Corporation and the Philippine Export-Import Credit Agency (PHILEXIM), Transferring the Guarantee Functions, Programs and Funds of the Small Business Corporation, and the Administration of the Agricultural Guarantee Fund Pool and the Industrial Guarantee and Loan Fund to the PHILEXIM, and Renaming the ...
One month before President Biden leaves the White House, the Biden administration announced it has forgiven student loan debt for 54,900 public service workers. ... .28 billion in student debt ...
The mandates of the PCGG are spelled out under Section 2 of Executive Order No. 1, series 1986: (a) Recovery of ill-gotten wealth of the Marcoses – The executive order specifies this as "all ill-gotten wealth accumulated by former President Ferdinand E. Marcos, his immediate family, relatives, subordinates and close associates, whether located in the Philippines or abroad, including the ...