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Category: government

Gov’t debt service surged by 257% in Aug. to P664.7B

The government’s debt service burden more than tripled in August, driven by higher amortization payments following a mammoth settlement of maturing bonds. Debt payments surged by 257 percent year-on-year to P664.7 billion, according to the latest cash operation report of the Bureau of the Treasury. This brought the eight-month tally to P1.54 trillion, nearly flat

UP Minister OP Rajbhar Mocks SP’s ‘PDA Pathshala,’ Calls It ‘Parivar Development Authority’

Rajbhar mocked the program, saying it teaches the alphabet not with educational values but with references to the Samajwadi Party’s top family members. “In their school, A stands for Akhilesh, D for Dimple, and P for Parivar,” he said, accusing the SP of promoting family politics under the guise of social welfare.

UP Minister OP Rajbhar Mocks SP’s ‘PDA Pathshala,’ Calls It ‘Parivar Development Authority’

Rajbhar mocked the program, saying it teaches the alphabet not with educational values but with references to the Samajwadi Party’s top family members. “In their school, A stands for Akhilesh, D for Dimple, and P for Parivar,” he said, accusing the SP of promoting family politics under the guise of social welfare.