Legarda: 2018 Budget Caters to Needs of Poor Filipinos

Senator Loren Legarda today said that the 2018 national budget will further enable the Department of Social Welfare and Development (DSWD) to cater to the needs of underprivileged Filipinos.

Legarda, Chair of the Senate Committee on Finance, said that the budget of the DSWD increased to Php141 Billion for next year from the current year’s Php128 Billion. She added that the proposed 2018 national budget was already ratified by Congress and will be signed by the President on December 19, 2017.

Mt. Banahaw Featured in Protected Areas Series

Senator Loren Legarda invites everyone to watch on the second week of Our Fragile Earth: Protected Areas of the Philippines, the short documentary on the Mt. Banahaw-San Cristobal Protected Landscape (MBSCPL).

Senate Ratifies 2018 National Budget

The Senate today ratified the bicameral conference committee report on the proposed 2018 General Appropriations Act.

Senator Loren Legarda, Chair of the Senate Committee on Finance, said that the 2018 national budget will be instrumental in ensuring that the Philippines maintains its economic status as one of the fastest growing economies in the Asia-Pacific region.

Legarda Graduates from AFP College, Receives Academic Excellence for Research on AFP Resilience

Senator Loren Legarda today graduated from the Command and General Staff Course, as part of Class 62, of the Armed Forces of the Philippines Command and General Staff College (AFPCGSC), which will qualify her for promotion to full-fledged colonel.

Legarda also received the Academic Excellence for Research for her paper “The AFP in the Humanitarian Space: Building Resilience, Fostering Resilient Communities,” which explores the role of the military not just in responding to disasters, but also in reducing climate and disaster risks.

Legarda Hails PH Credit Rating Upgrade from Fitch

Senator Loren Legarda today congratulated the Administration’s economic team as she welcomed the investment upgrade of the Philippines’ Foreign-Currency Issuer Default Rating (IDR) from its 2013 rating of “BBB-” to “BBB” issued by the credit rating agency Fitch Ratings.

The new rating provides the country with a “stable” outlook, which means that the “upside and downside risks to the rating are balanced.”