CONTINUOUSLY criticized for his government’s slow disbursement of funds, President Benigno Aquino III said in an interview Friday on video sharing site YouTube that fiscal prudence is not underspending. “The criticism is that we’ve been underspending. But it’s actually a question of managing the resources because we are talking about the people’s money,” he told [...]

PRESIDENT Benigno Aquino III has ordered the release of funds that will be used to employ an additional 10,000 nurses and 1,000 midwives that will serve rural and urban health facilities all across the country. The P294-million fund release is for the Department of Health’s project called Registered Nurses for Health Enhancement and Local Service [...]

MANILA (2nd update, 5:10 p.m.) — Malacañang dismissed Wednesday malicious text messages that alleged President Benigno Aquino III gave P5 million to the Moro Islamic Liberation Front (MILF) to purchase guns and ammunition. Presidential spokesperson Edwin Lacierda said the P5-million fund was intended for the Bangsamoro Leadership and Management Institute (BLMI), which is a training [...]

PRESIDENT Benigno Aquino III approved a P8.59-billion fund to implement reforms in the Autonomous Region in Muslim Mindanao (Armm) on the same day the Supreme Court ruled that a law postponing the region’s polls was constitutional. The fund will be used for the proposed Armm transition and investment support plan, which is among the programs [...]