Tag: Finance Undersecretary Eric Recto

Valencia CF has officially secured full funding for Nou Mestalla, the most ambitious non-sporting venture in the Club’s history. The €322 million project will pave the way for the opening of a world-class stadium in 2027, marking a pivotal step in the Club’s long-term development.

The Department of Environment and Natural Resources (DENR), through its Forest Management Bureau (FMB), on Thursday launched the Sustainable Forest Land Management Agreement (SFLMA) that consolidates seven forestry tenure instruments into a single, streamlined production-sharing agreement.

The interagency Development Budget Coordination Committee (DBCC) has revised the country's medium-term macroeconomic assumptions, growth projections, and fiscal program for 2025 to 2028 in light of mounting global risks, including geopolitical tensions in the Middle East and new U.S. tariffs.

The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.