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Pimentel’s group warns of new violations in ongoing PhilHealth case

A petition led by Senator Aquilino Pimentel III challenges the transfer of PHP 9 billion from PhilHealth to the national treasury. The Supreme Court will hear oral arguments in January 2025, reflecting concerns over constitutional violations and public health funding. Meanwhile, the bicameral conference committee addresses the 2025 General Appropriations Bill amidst economic and health challenges.

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Philippine debt stock soars to P16 trillion

The government’s debt reached P16 trillion in October, making up 60.3% of the economy. Currency devaluation has raised foreign debt values. The Bureau of the Treasury reports a 0.8% monthly increase, as the Philippines faces fiscal challenges amid economic recovery efforts.

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